After Romania's presidential election this weekend – in which the liberal mayor of Bucharest and pro-EU candidate, Nicusor Dan, won – the verdict appears to be that a close shave with a new form of internal chaos was avoided.
Presidential elections in Romania, as well as in its fellow Eastern European powerhouse, Poland, are hard to beat as case studies in the increasing dysfunction of the bloc.
In both countries, the political establishment that for more than 30 years has been loyal to the path of European integration has had to rely on independent candidates to hold back challenges from hard-right candidates.
Those candidates would have had significant implications beyond each country’s borders, rejecting, for example, any attempt to censure Israel or reduce its institutional ties.
The EU has been unable to reflect the clear desire of a majority of its member states to demonstrate a rejection of the killing and destruction in Gaza, with governments such as those of Hungary being exceptions.
For example, the Dutch government is currently pushing for a review of the EU's trade association agreement with Israel. In a letter, it said the Israelis are in violation of its Article Two of the agreement because of its breach of international humanitarian law.
The governments of Belgium, Finland, France, Portugal and Sweden have also signed up to join the early movers on this issue – Spain and Ireland. But the politics of Eastern Europe make actual movement on this issue almost impossible, especially if hard-right candidates are thriving, much less winning.
For now, however, a dramatic crisis in the EU has been averted.
Mr Dan, the Bucharest mayor, defeated hard-right populist George Simion, who carried the banner for a US-style uprising against the establishment, after the country’s top court annulled a previous round of voting last year over evidence of a Russian-backed interference campaign.
Mr Simion rejected the result, setting the stage for the domestic political crisis to continue to fester, perhaps even grow. In a Facebook post, Mr Simion said his own election victory was “clear" to all. "I won!!! I am the new President of Romania and I am giving back the power to the Romanians!"
Much has been made of how centrist leaders in Canada and Australia staged a comeback based on the return of US President Donald Trump. The pendulum is still swinging in other parts of the globe. This is specifically the case in central and Eastern Europe, where presidential elections have been caught up in a wider power struggle.
A victory for Mr Simion would no doubt have been cheered by the White House. He had pledged to appoint the court-deposed candidate Calin Georgescu as prime minister to shake things up.
In Poland, the presidency holds certain key cards, such as formalising laws and judicial appointments, which makes the ongoing presidential election a high-stakes battle. The coalition government led by Prime Minister Donald Tusk – an impeccable EU figure who served as president of the European Council during Mr Trump’s first term – has turned to the liberal Warsaw mayor, Rafal Trzaskowski, as its champion.
Mr Trzaskowski won a little more than 30 per cent of the first-round vote, with the more Conservative opposition candidate Karol Nawrocki coming in narrowly behind.
With Mr Tusk trailing in delivery on his coalition promises from last year, in part because the opposition controls the presidency, a win by his ally is key to his government's prospects over the coming years.
During Mr Nawrocki's visit to the White House at the start of this month, the US President reportedly took a different point of view. "President Trump said 'you will win'," Mr Nawrocki claimed to a private Polish broadcaster.
If true, it may be that the old enmity between either half of the “two Donalds” has endured over the years.
From everything that is known, the new administration in Washington prefers the new politics of Europe. Mr Trump has often said the EU treats the US very badly in trade and has hinted that he will continue the tariff war against the bloc.
There is a wider dimension of political values at play that is even harder for the European leadership to accommodate.
In a visit to Europe in February, US Vice President JD Vance sounded like an old-fashioned neoconservative when he beat up the Europeans over the cancelled Romanian elections.
The intellectual leader of Maga’s global politics, Mr Vance called out the Europeans for seizing on “flimsy evidence from an intelligence agency” to cancel an election it didn’t like. It gave him a critique of Europe failing to meet an American litmus test. “What I worry about is the threat from within. The retreat of Europe from some of its most fundamental values,” he said.
Yet for the Europeans, it is the contest between politics as it has been practised since the end of the Cold War and the new American-style sovereigntist pursuit of national interests that remains in the balance after the weekend elections.
This means that when it comes to making decisions on, say, what to do about Israel, the opposing sides are ever more entrenched. The bloc that pushed so hard for two-state diplomacy from the era of the Oslo Accords is now unrecognisable. The reason for that lies in the fitful progress of the hard right in the unfolding electoral cycle.
Ten tax points to be aware of in 2026
1. Domestic VAT refund amendments: request your refund within five years
If a business does not apply for the refund on time, they lose their credit.
2. E-invoicing in the UAE
Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption.
3. More tax audits
Tax authorities are increasingly using data already available across multiple filings to identify audit risks.
4. More beneficial VAT and excise tax penalty regime
Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.
5. Greater emphasis on statutory audit
There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.
6. Further transfer pricing enforcement
Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes.
7. Limited time periods for audits
Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion.
8. Pillar 2 implementation
Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.
9. Reduced compliance obligations for imported goods and services
Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations.
10. Substance and CbC reporting focus
Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity.
Contributed by Thomas Vanhee and Hend Rashwan, Aurifer
The five pillars of Islam
Walls
Louis Tomlinson
3 out of 5 stars
(Syco Music/Arista Records)
In numbers
1,000 tonnes of waste collected daily:
- 800 tonnes converted into alternative fuel
- 150 tonnes to landfill
- 50 tonnes sold as scrap metal
800 tonnes of RDF replaces 500 tonnes of coal
Two conveyor lines treat more than 350,000 tonnes of waste per year
25 staff on site
UK%20record%20temperature
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The biog
Name: Dhabia Khalifa AlQubaisi
Age: 23
How she spends spare time: Playing with cats at the clinic and feeding them
Inspiration: My father. He’s a hard working man who has been through a lot to provide us with everything we need
Favourite book: Attitude, emotions and the psychology of cats by Dr Nicholes Dodman
Favourit film: 101 Dalmatians - it remind me of my childhood and began my love of dogs
Word of advice: By being patient, good things will come and by staying positive you’ll have the will to continue to love what you're doing
GIANT REVIEW
Starring: Amir El-Masry, Pierce Brosnan
Director: Athale
Rating: 4/5
'Cheb%20Khaled'
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FIXTURES
December 28
Stan Wawrinka v Pablo Carreno Busta, 5pm
Milos Raonic v Dominic Thiem, no earlier then 7pm
December 29 - semi-finals
Rafael Nadal v Stan Wawrinka / Pablo Carreno Busta, 5pm
Novak Djokovic v Milos Raonic / Dominic Thiem, no earlier then 7pm
December 30
3rd/4th place play-off, 5pm
Final, 7pm
more from Janine di Giovanni
Company profile
Date started: January, 2014
Founders: Mike Dawson, Varuna Singh, and Benita Rowe
Based: Dubai
Sector: Education technology
Size: Five employees
Investment: $100,000 from the ExpoLive Innovation Grant programme in 2018 and an initial $30,000 pre-seed investment from the Turn8 Accelerator in 2014. Most of the projects are government funded.
Partners/incubators: Turn8 Accelerator; In5 Innovation Centre; Expo Live Innovation Impact Grant Programme; Dubai Future Accelerators; FHI 360; VSO and Consult and Coach for a Cause (C3)
Milestones on the road to union
1970
October 26: Bahrain withdraws from a proposal to create a federation of nine with the seven Trucial States and Qatar.
December: Ahmed Al Suwaidi visits New York to discuss potential UN membership.
1971
March 1: Alex Douglas Hume, Conservative foreign secretary confirms that Britain will leave the Gulf and “strongly supports” the creation of a Union of Arab Emirates.
July 12: Historic meeting at which Sheikh Zayed and Sheikh Rashid make a binding agreement to create what will become the UAE.
July 18: It is announced that the UAE will be formed from six emirates, with a proposed constitution signed. RAK is not yet part of the agreement.
August 6: The fifth anniversary of Sheikh Zayed becoming Ruler of Abu Dhabi, with official celebrations deferred until later in the year.
August 15: Bahrain becomes independent.
September 3: Qatar becomes independent.
November 23-25: Meeting with Sheikh Zayed and Sheikh Rashid and senior British officials to fix December 2 as date of creation of the UAE.
November 29: At 5.30pm Iranian forces seize the Greater and Lesser Tunbs by force.
November 30: Despite a power sharing agreement, Tehran takes full control of Abu Musa.
November 31: UK officials visit all six participating Emirates to formally end the Trucial States treaties
December 2: 11am, Dubai. New Supreme Council formally elects Sheikh Zayed as President. Treaty of Friendship signed with the UK. 11.30am. Flag raising ceremony at Union House and Al Manhal Palace in Abu Dhabi witnessed by Sheikh Khalifa, then Crown Prince of Abu Dhabi.
December 6: Arab League formally admits the UAE. The first British Ambassador presents his credentials to Sheikh Zayed.
December 9: UAE joins the United Nations.
COMPANY%20PROFILE%20
%3Cp%3E%3Cstrong%3ECompany%20name%3A%20%3C%2Fstrong%3ENomad%20Homes%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2020%3Cbr%3E%3Cstrong%3EFounders%3A%20%3C%2Fstrong%3EHelen%20Chen%2C%20Damien%20Drap%2C%20and%20Dan%20Piehler%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20UAE%20and%20Europe%3Cbr%3E%3Cstrong%3EIndustry%3C%2Fstrong%3E%3A%20PropTech%3Cbr%3E%3Cstrong%3EFunds%20raised%20so%20far%3A%3C%2Fstrong%3E%20%2444m%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Acrew%20Capital%2C%2001%20Advisors%2C%20HighSage%20Ventures%2C%20Abstract%20Ventures%2C%20Partech%2C%20Precursor%20Ventures%2C%20Potluck%20Ventures%2C%20Knollwood%20and%20several%20undisclosed%20hedge%20funds%3C%2Fp%3E%0A
German intelligence warnings
- 2002: "Hezbollah supporters feared becoming a target of security services because of the effects of [9/11] ... discussions on Hezbollah policy moved from mosques into smaller circles in private homes." Supporters in Germany: 800
- 2013: "Financial and logistical support from Germany for Hezbollah in Lebanon supports the armed struggle against Israel ... Hezbollah supporters in Germany hold back from actions that would gain publicity." Supporters in Germany: 950
- 2023: "It must be reckoned with that Hezbollah will continue to plan terrorist actions outside the Middle East against Israel or Israeli interests." Supporters in Germany: 1,250
Source: Federal Office for the Protection of the Constitution
Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
- NBA-spec basketball court with auditorium
- 600-seat auditorium
- Spaces for historical and cultural exploration
- An elevated football field that doubles as a helipad
- Specialist robotics and science laboratories
- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills
Recipe: Spirulina Coconut Brothie
Ingredients
1 tbsp Spirulina powder
1 banana
1 cup unsweetened coconut milk (full fat preferable)
1 tbsp fresh turmeric or turmeric powder
½ cup fresh spinach leaves
½ cup vegan broth
2 crushed ice cubes (optional)
Method
Blend all the ingredients together on high in a high-speed blender until smooth and creamy.
The National's picks
4.35pm: Tilal Al Khalediah
5.10pm: Continous
5.45pm: Raging Torrent
6.20pm: West Acre
7pm: Flood Zone
7.40pm: Straight No Chaser
8.15pm: Romantic Warrior
8.50pm: Calandogan
9.30pm: Forever Young