EU - page 12

ECB Rate-Cut Bets Jump Amid New Inflation Data
News

ECB Rate-Cut Bets Jump Amid New Inflation Data

The latest data on the dynamic of the inflationary process in Spain and France have become the driving force behind the intensification of the spread of expectations among investors and economists that the European Central Bank will accelerate the implementation of measures to ease its monetary policy strategy.

EU Court Confirms Qualcomm’s Fine
News

EU Court Confirms Qualcomm’s Fine

The European second-top court on Wednesday, September 18, basically confirmed the EU antitrust fine against the US chip manufacturer Qualcomm.

Meta Resumes AI Training in UK
News

Meta Resumes AI Training in UK

After a lengthy pause caused by regulatory hurdles, Meta will begin training its AI models using public content shared by adult UK citizens on Facebook and Instagram.

Apple to Pay 13 Billion Euros in Back Taxes
Science & Technology

Apple to Pay 13 Billion Euros in Back Taxes

The European top court on Tuesday, September 10, ruled against Apple.

Google Loses EU Court Fight
Science & Technology

Google Loses EU Court Fight

The top court of Europe on Tuesday, September 10, decided that a fine for 2.4 billion euros ($2.65 billion) against Google remained in force.

Consumer Spending Activity Threats ECB’s Economic Hopes
Finance & Economics

Consumer Spending Activity Threats ECB’s Economic Hopes

Currently, in the eurozone, local consumers are not demonstrating a high level of activity in the context of their spending and have not yet signaled a willingness to expand the scale and scope of appropriate financial actions, against which fears are spreading about the prospects for economic recovery in this region, which is now characterized […]

US, EU and UK Sign International AI Framework Convention
News

US, EU and UK Sign International AI Framework Convention

The joint AI treaty is the next global move towards unifying national goals and values related to artificial intelligence, human rights and democracy.

Eurostat Reports Inflation Decline
News

Eurostat Reports Inflation Decline

Inflation in the Eurozone fell to 2.2% in August.

Stablecoin Market Cap Reaches All-Time High
Blockchain & Crypto

Stablecoin Market Cap Reaches All-Time High

After a consecutive 11-month growth, stablecoins reached a new all-time high of $168 billion in market cap.

ECB’s Fabio Panetta Says About Prospects of Interest Rates Cutting
Finance & Economics

ECB’s Fabio Panetta Says About Prospects of Interest Rates Cutting

Fabio Panetta, European Central Bank Governing Council member and Governor of the Bank of Italy, said it was highly likely that a decision would be made in the future to further cut interest rates.

TSMC Breaks Ground on €10 Billion German Plant
News

TSMC Breaks Ground on €10 Billion German Plant

Taiwan Semiconductor Manufacturing Co. (TSMC) has broken ground its first production site in Europe.

European Stocks Demonstrate Growth Amid US Inflation Data Expectations
News

European Stocks Demonstrate Growth Amid US Inflation Data Expectations

On Wednesday, August 14, European stock indexes demonstrated the dynamic of the growth at the beginning of trading.

Apple Changes EU App Store Policy
News

Apple Changes EU App Store Policy

Apple has changed its corporate policy in Europe.

Next Generation Revives Euro Stablecoin With Decta
Blockchain & Crypto

Next Generation Revives Euro Stablecoin With Decta

French startup Next Generation partners with an Irish financial institution Decta to restore the euro-pegged stablecoin, EURT, project after a seven-year suspension.

Euro-Area Economy Demonstrates Growth
News

Euro-Area Economy Demonstrates Growth

In the second quarter of the current year, the eurozone economic system was on a growth trajectory and demonstrated such positive dynamic rates that exceeded the initial expectations of experts regarding the intensity of the rising of the corresponding indicator.

ECB Rate Setters Want More Data Before Lowering Cost of Borrowing
News

ECB Rate Setters Want More Data Before Lowering Cost of Borrowing

This week, the flow of statistical information on the current state of affairs in the eurozone economic system space will provide the European Central Bank with more signals and form by this institution a more accurate understanding of how appropriate it is to decide to continue taking actions within the framework of the monetary policy […]