Bulgaria to Join the Eurozone in 2026
The European Commission and the European Central Bank (ECB) have approved Bulgaria’s adoption of the euro, with the currency switch set to occur on January 1, 2026. This milestone makes Bulgaria the
Eurozone Inflation Surges to 2.5% in January
Eurozone inflation surged to 2.5% in January, marking its highest rate since July and remaining above the European Central Bank’s (ECB) medium-term target of 2% for the third consecutive month. Eurostat’s final
French Inflation Drops to Lowest Level Since December 2020
French inflation fell to its lowest level in nearly three years in May, driven by a significant drop in energy prices and a slowdown in service costs. According to preliminary data from
Europe Resists Trump Tariff Impact With Growth Measures
Lagarde says eurozone avoided major shock thanks to smart strategy The eurozone economy is showing unexpected resilience amid U.S. President Donald Trump’s latest wave of tariffs. European Central Bank President Christine Lagarde
U.S. Dollar Bounces Back Amid Trade War Concerns
The U.S. dollar rebounded on Tuesday, recovering from a six-week low against the euro. Despite this recovery, market sentiment remains cautious as traders remain focused on the ongoing trade conflict between the
Oil Prices Surge Amid Geopolitical Tensions
Oil prices jumped by nearly 2% on Tuesday, reaching a two-week high as escalating geopolitical tensions between Russia and Ukraine, along with the ongoing standoff between the U.S. and Iran, signaled that
Lagarde: Euro Could Compete with Dollar if Europe Strengthens
The euro has the potential to become a viable alternative to the U.S. dollar, providing immense benefits to the 20-nation bloc, but only if governments focus on strengthening Europe’s financial and security
Eurozone Inflation Eases, ECB Rate Cut Likely
March data fuels speculation of April policy shift Eurozone inflation slowed for the second consecutive month in March, coming in at 2.2%, down from 2.3% in February and reinforcing expectations that the
European and Global Markets Start the Week on a Cautious Note
China began the week with disappointing economic data. Retail sales in November rose just 3.0% year-over-year, falling short of the median forecast of 4.6%. Additionally, house prices continued their decline, though industrial