French Markets Face Growing Pressure

By admin October 3, 2026 No comment

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French financial markets are showing signs of increasing pressure as concerns over high government debt and political uncertainty intensify ahead of next year’s presidential election. The government is seeking €54 billion in savings in its proposed 2027 budget, while economic growth is expected to slow to 0.4% this year. The risk premium on French government […]

Euro Zone Business Activity Rebounds in July

By admin August 5, 2026 No comment

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Business activity across the euro zone accelerated to an eight-month high in July, driven by a recovery in the services sector and continued strength in manufacturing. The S&P Global Euro Zone Composite PMI rose to 52.0 from 50.0 in June, moving back into expansion territory for the first time since March, while the Services PMI […]

Euro Zone Factory Output Hits 4½-Year High Despite Weak Demand

By admin August 3, 2026 No comment

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Factory output across the euro zone grew at its fastest pace in nearly four and a half years in July, according to the latest S&P Global Manufacturing PMI survey. The headline manufacturing PMI rose to 51.9 from 51.4 in June, while the output index climbed to its highest level since March 2022, signalling continued expansion […]

Iran War Slows European Economy as Prices Surge Across Region

By admin May 21, 2026 No comment

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Europe’s economy is facing mounting pressure as the ongoing Iran war drives up energy costs and weakens business activity across the region. Fresh data showed the euro zone economy contracted at its fastest pace since late 2023, with rising fuel and living costs reducing consumer demand and hurting the services sector. Economists warned the crisis […]

German Unemployment Remains Above 3 Million Amid Prolonged Slump

By admin February 27, 2026 No comment

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Germany’s unemployment total remained above three million in February, underscoring persistent strain in Europe’s largest economy after two consecutive years of contraction. Labour office data showed 3.07 million people out of work, slightly down from the previous month but 81,000 higher than a year earlier. On a seasonally adjusted basis, unemployment rose by 1,000 to

ECB Should Brace for New Shocks, Including Russian Threats: Simkus

By admin January 27, 2026 No comment

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European Central Bank policymaker and Lithuanian central bank governor Gediminas Simkus said the ECB’s current policy stance is appropriate, with inflation at target and interest rates in a neutral zone, but warned that fresh shocks could disrupt this balance. Speaking to Reuters, Simkus highlighted persistent global uncertainty driven by geopolitical tensions,

Bulgaria Enters Euro Zone, Bids Farewell to the Lev

By admin January 1, 2026 No comment

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Bulgaria officially joined the euro zone on Thursday, marking a historic shift as the euro replaced the lev as the country’s currency from midnight. Celebrations took place across the capital Sofia, with euro coin projections lighting up the central bank’s facade and fireworks welcoming the milestone. Bulgaria becomes the 21st member of the euro area, […]

EU Struggles to Shift Savers From Cash as Investment Reforms Lag

By admin December 2, 2025 No comment

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The European Union continues to face an uphill battle in encouraging households to move money from cash into investments, even after a decade of efforts toward a capital markets union. Despite more than 60 legislative proposals, progress has been slowed by national interests, political shifts and technical hurdles. As a result, Europeans continue to hoard […]