ECB Keeps Rates Steady
The European Central Bank kept interest rates unchanged after a landmark easing of monetary policy last month.
EU
ECB Reportedly to Hold Rates Steady
Officials of the European Central Bank during their meeting on Thursday, July 18, will most likely not make decisions on any changes in interest rates and will hold the corresponding indicator at the same level.
Euro-Area Consumer Loan Demand Demonstrates Growth
In the eurozone, banks reported the first increase in demand for consumer credits and housing loans since 2022.
Christine Lagarde Says EU Recovery Fund Starts to Have Growth Impact
The president of the European Central Bank, Christine Lagarde, said that the European Union’s recovery fund has demonstrated itself as one of the success stories of the bloc and is now beginning to generate results in the economy.
Euro-Area Inflation Eases to 2.5%
On Tuesday, July 2, the statistical agency of the European Union released information according to which headline inflation in the eurozone fell to 2.5% last month.
MultiSafepay Integrates With Antom by Ant International
As a wholly-owned subsidiary of Ant International, MultiSafepay will integrate with Antom to promote accessible payment solutions and digitalization services to SMEs across Europe.
Circle Achieves MiCA Compliance for USDC and EURC Stablecoins
Circle has become the first stablecoin issuer to receive a French license for USDC and EURC to debut in the Union under one of the world’s most comprehensive regulatory regimes for digital assets – MiCA.
Meta Faces EU Charges Over ‘Pay or Consent’ Policy
EU regulators believe Meta may leave its users no other viable option but to allow tracking their personal data for advertising purposes with its ‘pay or consent’ policy.
Microsoft Faces Mega Fine in EU
On Tuesday, June 25, European Union officials said that Microsoft had violated the antitrust laws of this block of countries as part of its practice of bundling Teams with other popular apps of the technology giant for business.
EU Tests Digital Identity Wallet
The European Union is gradually approaching the launch of its digital identification wallet.
NATO $1.1B Innovation Fund Makes First Investments Into AI, Robots and Space Tech
The first deep tech investments of the NATO Innovation Fund address challenges in defence, security and resilience, while helping advance innovation in novel materials and manufacturing, AI and robotics.
ECB Cuts Rates
On Thursday, June 6, the European Central Bank decided to cut interest rates for the first time in five years.
Euro-Area Inflation Accelerates
In the eurozone, an acceleration in the rate of inflation was recorded, which exceeded preliminary expectations regarding the dynamic of this process.
OpenseedVC Reaches First Close of $10m Fund for Early Stage Startups across Africa and Europe
Female-led OpenseedVC has reached the first close of its $10 million angel-style early-stage fund, hoping to reach the final close within a year.
Anthropic Brings Claude Chatbot to Europe
Startup Anthropic, which operates in the artificial intelligence industry, has launched its chatbot Claude and subscription plans for this digital product in Europe.
Green Finance Becomes a New Norm: Research
The new LBBW study “Sustainability and Green Finance” confirms that combining finance with sustainable aspects is increasingly becoming normal rather than exceptional.
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