Most Europeans are concerned about security, specifically conflicts (72%), terrorism (67%), natural disasters exacerbated by climate change (66%), cyberattacks (66%) and uncontrolled migration (65%). 89% of respondents say that EU countries should be more united in tackling these global threats. 86% would like the EU to have more influence and 73% would like the EU […]
Autumn 2025 Economic Forecast shows continued growth despite challenging environment
The European Commission’s Autumn 2025 Economic Forecast shows that growth in the first three quarters of 2025 outperformed expectations. While the strong performance was initially driven by a surge in exports in anticipation of tariff increases, the EU economy continued to grow in the third quarter. Looking ahead, economic activity is expected to continue expanding at a moderate pace over […]
House prices and rents went up in Q3 2024
In the third quarter of 2024, house prices in the EU went up by 3.8%, while rents increased by 3.2% compared with the third quarter of 2023. Compared with the second quarter of 2024, house prices increased by 1.4% and rents by 0.9%. This information comes from data on house prices and rents published by Eurostat today. This article presents […]
Monetary policy decisions: ECB keeps interest rates unchanged at 4.5%.
The Governing Council of the European Central Bank decided to keep the three key ECB interest rates unchanged. The incoming information has broadly confirmed the Governing Council’s previous assessment of the medium-term inflation outlook. Inflation has continued to fall, led by lower food and goods price inflation. Most measures of underlying inflation are easing, wage […]
ECB raises interest rates by 0.25 percentage points to curb inflation
Inflation continues to decline but is still expected to remain too high for too long. The Governing Council is determined to ensure that inflation returns to its 2% medium-term target in a timely manner. It therefore today decided to raise the three key ECB interest rates by 25 basis points. The rate increase today reflects […]
ECB raises interest rates by a quarter of a percentage point
The inflation outlook continues to be too high for too long. In light of the ongoing high inflation pressures, the Governing Council decided to raise the three key ECB interest rates by 25 basis points. Overall, the incoming information broadly supports the assessment of the medium-term inflation outlook that the Governing Council formed at its […]
European Parliament: cost-of-living crisis requires targeted support and reforms
Dragoș Pîslaru, a Renew Europe member from Romania and chair of Parliament’s employment and social affairs committee, and Luděk Niedermayer, a Czech EPP member and vice-chair of the economic and monetary affairs committee, spoke live on social media on 23 November about solutions to the cost of living crisis gripping most of Europe. Finding the right […]
MEPs focus on inflation and economic divergence with ECB President Lagarde
Inflation and the new anti-fragmentation mechanism soon to be launched by the European Central Bank were the two main topics raised by MEPs with ECB President Lagarde. Attending the first Monetary Dialogue in Parliament’s Economic and Monetary Affairs Committee since the attack by Russia on Ukraine and a significant uptick of inflation across the Eurozone, European Central […]
ECB announces interest rate hike to curb inflation
High inflation is a major challenge for all of us. The Governing Council will make sure that inflation returns to its 2% target over the medium term. In May inflation again rose significantly, mainly because of surging energy and food prices, including due to the impact of the war. But inflation pressures have broadened and […]