Germany’s economy could expand by around 1% in 2026, nearly twice the 0.5% growth forecast by the Bundesbank in June, President Joachim Nagel said. He pointed to stronger-than-expected export demand and increased government spending as key drivers behind the economy’s resilience after three years of stagnation. The German government’s debt-financed spending package,
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 […]
Inflation increased across four major German states in July, according to preliminary figures, signalling that the country’s national inflation rate is also likely to rise. Bavaria, North Rhine-Westphalia, Baden-Wuerttemberg and Lower Saxony all reported higher inflation compared with June, reflecting continued price pressures. The German government expects inflation
The European Central Bank (ECB) expects inflation in the eurozone to return to its 2% target within the next year, according to ECB Chief Economist Philip Lane. Speaking after the central bank kept interest rates unchanged, Lane described the current inflationary pressures as a “medium-sized” shock that requires a measured policy response rather than aggressive
European Central Bank (ECB) President Christine Lagarde has said she cannot completely rule out leaving her position before the end of her term in October 2027 if she decides to play a role in French politics. In an interview with French newspaper Les Échos, Lagarde said it was “possible” she could depart early, adding that […]
Manufacturers across the Eurozone accelerated purchases of raw materials in April, building up inventories amid fears of supply disruptions and rising costs linked to tensions in the Middle East. The S&P Global Eurozone Manufacturing PMI rose to 52.2, indicating growth, as both producers and customers rushed to secure supplies before prices climb further. Despite the
Italy’s market regulator Consob has ruled that all three slates of nominees submitted for the board of Monte dei Paschi di Siena (MPS) are fully legitimate, according to a source familiar with the matter. The decision follows a complaint filed by MPS’s current board over a slate presented by small investor PLT Holding, which aims […]
Services activity across the euro zone expanded at a slightly faster pace in February as demand conditions improved, according to a Purchasing Managers’ Index (PMI) survey compiled by S&P Global. The HCOB euro zone services PMI rose to 51.9 from 51.6 in January, signalling continued growth, though the pace of expansion remained modest. Economists noted […]
Nvidia is set to release its quarterly earnings next week, a highly anticipated event as investors assess the strength of artificial intelligence-driven growth and its impact on global markets. The chipmaker, currently the world’s most valuable company, has seen its shares surge since the rise of AI technologies, but momentum has slowed in 2026 amid […]
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,









