Europe

Digital euro preparation from the EU

The EU Commission has announced its regulatory proposal to create a legal framework for the use of the digital euro. The regulation aims to...

ECB discusses faster shrinkage of bond portfolio

European Central Bank (ECB) officials were reportedly discussing options to accelerate the downsizing of the agency's 5 trillion euro ($5.5 trillion) bond portfolio. While the...

EU prepares to implement Basel III

As part of the alignment with the Basel III reform negotiated between the European Union (EU) member states and the European Parliament, it has...

Global health certification step for Covid-19 from EU

The Council of the European Union adopted the recommendation for the conversion of Covid-19 certificates into global health certificates. The European Union (EU) has taken...

EU signs Free Trade Agreement with New Zealand

The European Union (EU) countries approved the signing of a Free Trade Agreement (FTA) to strengthen economic relations with New Zealand. The European Council announced...

EU to expedite refunds on canceled flights

In European Union (EU) countries, major travel agencies selling online will make refunds for canceled flights within 2 weeks. In the statement made by the...

S&P: Disinflation begins to pull Eurozone out of winter recession

In the statement made by the international credit rating agency Standard & Poor's (S&P), it was stated that the Euro Zone started to come...

EU may not find sufficient funding for climate targets

The European Court of Auditors warned that the European Union (EU) may not be able to find sufficient funding to meet its ambitious climate...

Lagarde: We will continue to increase interest rates in July

European Central Bank (ECB) President Christine Lagarde, in her speech in which she stated that they will continue to increase interest rates in July,...

The pessimistic outlook for business in Germany

The Ifo confidence index, which measures the confidence of the business world in Germany, fell to the lowest level of the year. Germany's business outlook...

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