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'It's better for Poland to stay with the złoty,' Polish FM says

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Europe News

What will joining the eurozone mean for the Bulgarian economy?

The Balkan country of 6.5 million people joined the EU in 2007 and formally began the process of joining the eurozone in 2018.

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Bulgarian protests continue against corruption and unfair judiciary

Bulgarian protesters continue to demand political change and an end to corruption despite the government's resignation. The eurozone transition adds pressure to the situation.

Economy

ECB holds interest rates as eurozone economic growth remains robust

The eurozone has managed to weather US tariffs more effectively than expected. Growth remains resilient, while inflation continues to hover around the ECB’s 2% target.

Business

Money talks, but is Spain listening? Unpacking Madrid's tax policy

As Europe doubles down on a competitiveness drive, experts warn that Spain’s tax policies could be hitting growth.

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Economy

Biggest eurozone members see easing inflation except for Germany

Inflation figures from some of the biggest eurozone economies, including France, Spain, and Italy, show no immediate threat of price hikes. However, German inflation figures came in unexpectedly high.

Bulgaria

Bulgarian government withdraws budget draft after mass protests

Wednesday's protest in Sofia against Bulgaria's draft budget plan for 2026 drew an estimated 20,000 people, who demonstrated against a potential increase in social security contributions and the doubling of the dividend tax.

Bulgaria

Thousands protest new budget plans in Bulgaria ahead of final approval

Thousands of protesters staged a major demonstration outside the parliament building in the capital, Sofia, to denounce the steep taxes announced in next year’s budget draft. Protesters formed a human chain around the building to prevent MPs from exiting.

Economy

Who does Italy's gold belong to? And why are we talking about it now?

A one-line amendment in Italy’s 2026 Budget has reopened the question of who controls the country’s $300 billion gold reserves, potentially threatening central bank independence.

Economy

EU urges focus on domestic growth drivers but stays upbeat on eurozone

Resilient domestic demand is driving growth in the eurozone despite global economic headwinds.

Economy

Eurozone trade surplus soars as US deal boosts exports

The eurozone's trade surplus soared to €19.4bn in September 2025, driven by surging exports to the US following the latest trade deal.

Economy

Weak eurozone growth meets flat jobs market as bankruptcies surge

Eurozone GDP barely grew in the third quarter of 2025, rising just 0.2% as the wider EU posted similarly weak gains and unemployment remained flat. New business registrations increased, but a sharp rise in bankruptcies across key consumer-facing sectors could highlight a market under pressure.

Economy

ECB keeps interest rate at 2% as growth holds up against trade tension

With inflation subdued and growth steady, the ECB maintained rates at their lowest level in more than two years, matching market expectations.

Economy

Eurozone GDP beats forecasts: Portugal emerges as growth leader

Eurozone gross domestic product rose 0.2% in the third quarter of 2025, compared to the previous quarter. Within member states, Portugal recorded the highest growth rate at 0.8%.

Europe News

France's woes not yet ringing alarm bells across EU but worries rising

France is the EU's second-largest economy and concerns are growing that a prolonged deadlock could negatively impact the eurozone's economy.

Economy

Eurozone inflation comes in softer than expected in August, at 2%

Inflation is now in line with the target set by the European Central Bank. As economic growth remains robust, more rate cuts from the ECB aren't likely to come soon.

Economy

European Central Bank leaves key deposit rate unchanged at 2%

As analysts widely expected, the European Central Bank kept its benchmark interest rate untouched on Thursday. This comes as the eurozone economy shows signs of resilience and inflation remains close to the ECB’s 2% target.