Bloomberg Hungary’s nationalist government ousted hundreds of senior military leaders in the most far-reaching overhaul of the central European nation’s army since it joined the North Atlantic Treaty Organization. The dismissals affect the top ranks, including generals, with colonels and lieutenant colonels making up the biggest share, Defense Minister Kristof Szalay-Bobrovniczky said in an interview on Monday. It was ...

  Bloomberg Croatia’s President Zoran Milanovic drew a parallel from Russia’s annexation of Crimea to Kosovo’s independence from Serbia, causing an uproar across the Balkans. “Who annexed Kosovo? The international community, including us,” Milanovic said Monday in a speech in the Croatian town of Petrinja, where he spoke about the war in Ukraine. “Kosovo was taken from Serbia by force, ...

  Bloomberg Europe could boost bank lending by as much as €4.5 trillion ($4.9 trillion) by lightening the industry’s regulatory burden, according to a study commissioned by the region’s banking lobby. That increase of almost 30% would stem from bringing demands for European banks’ capital reserves and related costs more in line with those of US competitors, consultant Oliver Wyman ...