Hungary's government plans to review and possibly intervene into long-term power contracts agreed by companies last year when electricity prices were much higher, state news agency MTI cited Economic Development Minister Marton Nagy as saying.
Hawkish central banks have sent a resounding "no" to markets betting recession would force rate cuts soon, leaving money managers scrambling for direction as the second half of the year approaches.
Intel and the German government are close to an agreement for the chipmaker to receive 9.9 billion euros ($10.83 billion) in subsidies, up from a previously agreed 6.8 billion, Handelsblatt reported on Thursday, citing government sources.
Tanzania plans a 7% increase in overall government spending in the next fiscal year during which it will prioritise spending on railways, the national airline, electricity production and natural gas, Finance Minister Mwigulu Nchemba said on Thursday.
U.S. House Speaker Kevin McCarthy said on Sunday he hoped to get back on the right track after a conservative revolt paralyzed the Republican Party's efforts to advance its agenda in Washington.