The Hungarian government led by Viktor Orbán must immediately withdraw its veto on transposing the global deal on a minimum effective tax rate for multinationals into European legislation. National vetoes must not be abused and used for political bargaining. Another way forward – such as a transition to qualified majority voting in tax matters – must be found in order to overcome the paralysing impact of unanimity voting, which is stopping us delivering on our promises for tax justice.

The time for talk is over. The Zero Hunger ambition of the second Sustainable Development Goal is still far from being reached. Hunger and food insecurity are increasing across the world, also due to the consequences of the Covid-19 pandemic and the Russian war against Ukraine, and around 660 million people may still face hunger in 2030.

S&Ds welcome Croatia as the 20th member of the euro area as of 1 January 2023! The adoption of the euro will benefit Croatian citizens and businesses as well as strengthen our common currency, a key symbol of our unity, highlighted the S&D Group in anticipation of the European Parliament resolution welcoming the upcoming euro enlargement*.