EU - page 12

EU Launches Countermeasures Against US Metals Tariffs
Finance & Economics

EU Launches Countermeasures Against US Metals Tariffs

On Wednesday, March 12, the European Union launched countermeasures against the United States tariffs on metal imports, announcing its intention to enact its own levies on American goods worth up to 26 billion euros ($28.3 billion).

JPMorgan Chase Hikes Euro Area’s 2025 Economic Growth Forecast
Finance & Economics

JPMorgan Chase Hikes Euro Area’s 2025 Economic Growth Forecast

JPMorgan Chase has revised its forecast for the growth of the eurozone economy in the current year, expecting that the upward dynamic of this indicator will demonstrate a faster pace compared to previous projections.

European Inflation Cools
Finance & Economics

European Inflation Cools

Inflation in the eurozone has shown a decline, which has led to an argument for increased confidence that this indicator is approaching the European Central Bank’s target of 2%.

Thoma Bravo Launches $1.8 Billion Fund
Finance & Economics

Thoma Bravo Launches $1.8 Billion Fund

Thoma Bravo has closed a 1.8 billion euro ($1.89 billion) foundation dedicated to European software deals.

Prosus Plans to Buy Just Eat Takeaway
Finance & Economics

Prosus Plans to Buy Just Eat Takeaway

Just Eat Takeaway.com, a European giant in the area of food delivery, is poised to be acquired by Prosus, a Dutch technology investor.

ECB Accelerates Blockchain Efforts
Blockchain & Crypto

ECB Accelerates Blockchain Efforts

The European Central Bank (ECB) is expanding its efforts to enable banks and financial institutions to use blockchain-based systems for transactions with central bank money.

Deutsche Börse CEO Says EU Needs Permanent CBDC
Blockchain & Crypto

Deutsche Börse CEO Says EU Needs Permanent CBDC

Stephan Leithner, chief executive officer of German securities marketplace Deutsche Börse, calls for financial reforms in the European Union, including establishing a permanent digital euro.

EU to Mobilize 200 Billion Euros for AI Investments
Science & Technology

EU to Mobilize 200 Billion Euros for AI Investments

European Commission President Ursula von der Leyen said on Tuesday, February 11, that the European Union would mobilize a total of 200 billion euros ($206.5 billion) to invest in artificial intelligence in the region.

French Alternative to Stargate AI Secures $112B
Science & Technology

French Alternative to Stargate AI Secures $112B

As Paris is hosting the Artificial Intelligence Action Summit, French President Emmanuel Macron revealed that the local AI ecosystem has secured €109 billion in private investments.

ECB Cuts Interest Rates
Finance & Economics

ECB Cuts Interest Rates

The European Central Bank on Thursday, January 30, decided on another interest rates cut, which was the fifth since June.

Euro-Area Fails to Grow
Finance & Economics

Euro-Area Fails to Grow

At the end of 2024, the process of implementing a stagnation scenario suddenly began in the eurozone economic system.

OKX and Crypto.com Secure Full MiCA Licenses in EU
Blockchain & Crypto

OKX and Crypto.com Secure Full MiCA Licenses in EU

Crypto exchanges OKX and Crypto.com have received full licenses under the European Union’s Markets in Crypto-Assets Regulation (MiCA).

UniCredit Raises Stake in Commerzbank
Finance & Economics

UniCredit Raises Stake in Commerzbank

Italian UniCredit SpA increased its holding in German Commerzbank AG to about 28%.

Christine Lagarde Says ECB to Cut Interest Rates Further
Finance & Economics

Christine Lagarde Says ECB to Cut Interest Rates Further

The European Central Bank will continue cutting interest rates as the inflation spike in recent years has increasingly moved into the rear-view mirror, bringing the 2% target.

European Private-Sector Contraction Eases on Services
Finance & Economics

European Private-Sector Contraction Eases on Services

In December, the private sector of the eurozone shrank in smaller volumes compared to initial expectations, which is the result of contributions from the services sector that exceeded forecasts.

ECB Cuts Interest Rates by Quarter Point
Finance & Economics

ECB Cuts Interest Rates by Quarter Point

The European Central Bank on Thursday, December 12, adopted the fourth decision since the beginning of the current year on cutting interest rates, which corresponds to the preliminary expectations of experts regarding the actions of this financial regulator in the context of the dynamic of monetary policy.