Europe

News from the European Union and its member states

Eurozone Inflation Holds at 2.8%, Leaving ECB Under Pressure Over Next Rate Decision

Eurozone Inflation Holds at 2.8%, Leaving ECB Under Pressure Over Next Rate Decision

Inflation across the eurozone remained unchanged at 2.8% in June, reinforcing expectations that the European Central Bank (ECB) could slow the pace of monetary easing while continuing to monitor underlying price pressures. The latest figures highlight the delicate balance policymakers face between supporting economic growth and ensuring inflation returns sustainably to the 2% target.

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Burnham Signals Policy Shift with Plans to Revive North Sea Oil and Gas Development

Burnham Signals Policy Shift with Plans to Revive North Sea Oil and Gas Development

Incoming UK Prime Minister Andy Burnham is expected to unveil a new energy strategy that would reopen the door to oil and gas development in the North Sea, marking a significant departure from Labour’s previous commitment to halt new exploration licences. The proposed policy reflects growing political pressure to balance energy security, industrial competitiveness and climate goals.

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Europe's Corporate Debt: Which Countries Rely Most on Borrowing?

Europe's Corporate Debt: Which Countries Rely Most on Borrowing?

Corporate debt levels vary sharply across Europe, reflecting differences in financial structures, economic models and access to capital markets. While countries such as Luxembourg, France and Sweden rank among those with the highest levels of corporate borrowing relative to GDP, other economies—including Romania, Lithuania and Bulgaria—maintain far lower corporate debt ratios. The figures highlight how financing strategies differ across the European Union and what they mean for competitiveness and investment.

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