EU faces budget cuts and strategic shifts amid global uncertainties

The European Union is planning to reduce staff at its embassies worldwide due to budget constraints. This is part of a strategic shift to concentrate resources in regions of primary interest.

The EU is also adopting a cautious approach regarding potential trade tensions, particularly with the incoming US administration. Discussions are underway to mitigate the impact of anticipated tariffs, with proposals to increase imports of American gas as a possible solution.

Concerns over the EU's economic stability have intensified following the election results, and European leaders are meeting in Budapest to address the urgent need for reforms to bolster the economy. A coordinated response to the challenges ahead is being emphasized.

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