EU - page 3

News

Euro-Area Inflation Climbs to 2.3%

In the eurozone, in November the inflation figure exceeded the European Central Bank’s target of 2%, although this circumstance, as experts suggest, is unlikely to become a deterrent in the context of the implementation of the intention of the financial authorities of the region to further cut interest rates next month and later.

News

ECB Representatives Say About Prospects of Cutting Interest Rates

European Central Bank (ECB) Governing Council member Yannis Stournaras on Thursday, November 21, during a conversation with media representatives, said that this financial regulator should decide on cutting interest rates at each regular meeting on monetary policy issues until the cost of borrowing is fixed at such a mark, which will neither restrict nor stimulate […]

Finance & Economics

European VC Funding Down to $45B in 2024

Startups across the European region are projected to raise $45 billion from VC sources in 2024, a slight drop from the revised $47 billion in 2023.

Fintech & Ecommerce

Revolut to Launch Licensed Stock Trading in UK, EU

Revolut received a trading license from UK financial authorities, allowing it to compete with established trading platforms in the region.

News

Meta to Offer Less Personalized Ads in Europe

Meta Platforms plans to offer European users of the virtual social media platforms Instagram and Facebook the opportunity to receive less personalized advertising.

Finance & Economics

Euro-Area Economy Growth Beats Expectations

In the eurozone, economic growth was recorded in the third quarter of the current year, the pace of which exceeded preliminary expectations for the dynamic of the corresponding indicator.

News

Global Public Debt to Surpass $100T in 2024

The IMF reports that global public debt is projected to exceed $100 trillion by the end of 2024, largely driven by rising fiscal deficits in the United States and China.

Fintech & Ecommerce

HubSpot Integration Enables Mollie to Reform CRM Payments

European PSP Mollie has integrated with the leading customer relationship management platform HubSpot to simplify payment processes within customer relationship management (CRM) systems.

News

ECB Cuts Rates Again

The European Central Bank on Thursday, October 17, decided to cut interest rates again.

Finance & Economics

European Investment Bank Seeks to Provide Greater Support to Startups

The European Investment Bank said on Monday, October 7, that the finance ministers of the European Union countries welcomed its Action Plan to deepen regional capital markets and provide more support to startups.

News

Vodafone and Google Deepen Strategic Partnership to Expand GenAI Services Across Europe and Africa

Vodafone will expand access to Google’s AI-powered Pixel devices with its fast 5G network and offer Google One AI Premium subscription plans, which include Gemini Advanced, in select territories by 2025.

News

Appeals Centre to Rule Over Social Media Disputes in EU

A new appeals body Appeals Centre Europe has been established to review policy violation complaints related to major social media platforms such as Facebook, TikTok, and YouTube.

Finance & Economics

Euro-Area Inflation Drops Below 2%

In September, inflation in the eurozone fell below the European Central Bank’s 2% target.

News

Robinhood Crypto Brings Crypto Transfers to Europe

Crypto transfers were one of the most requested features by Robinhood customers in Europe.

Finance & Economics

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.

Science & Technology

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.