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EU Inflation data: Euro area annual inflation rose to 2.0% in June 2025, up from 1.9% in May, while EU-wide inflation reached 2.3%. Romania recorded the highest inflation at 5.8%, and Cyprus the lowest at 0.5%. Services were the largest contributor to euro area inflation, while energy had a deflationary impact. The blog covers all …
Yulia Svyrydenko has been appointed as Ukraine’s new Prime Minister, replacing Denys Shmyhal in a controversial reshuffle by President Zelenskyy. Her appointment was backed unanimously by the pro-Russian Opposition Platform, while members of Zelenskyy’s own party showed reluctance. A loyalist to Presidential Office chief Andriy Yermak, Svyrydenko’s political rise reflects inner-circle control rather than independent …
President Trump’s push for a multi-billion dollar US arms deal to support Ukraine has sparked resistance from France and Italy, revealing growing divisions within NATO. As key European nations opt out of funding American-made Patriot missile systems, concerns rise over delays in critical military aid and the future of Western unity against Russia. Western Rift …
The EU population reached 450.4 million on 1 January 2025, marking the fourth consecutive year of growth after a pandemic-related decline in 2021. Driven largely by post-COVID-19 migration, the increase of over 1 million people reflects shifting demographic dynamics. Germany, France, and Italy remain the most populous nations, while countries like Malta, Ireland, and Luxembourg …
Porsche AG reported a 6% drop in global deliveries for the first half of 2025, with China and Germany showing sharp declines due to tariffs and weak demand. North America and emerging markets saw growth. Full results expected July 30. Porsche Global Deliveries Fall 6% in H1 2025 Amid Tariff Pressures As the global luxury …
Retail Trade in the EU Sees Mixed Trends in May 2025:In May 2025, retail trade volume in the euro area and EU declined by 0.7% and 0.8% respectively compared to April, with decreases across all major sectors. However, on an annual basis, retail trade grew by 1.8% in the euro area and 1.9% in the …
Ukraine Targets Key Russian Airbase:Ukraine has launched a powerful airstrike deep inside Russia, targeting a key airbase in the Wunes region. The strike reportedly damaged advanced Russian fighter jets and munitions depots. This came after Russia unleashed its largest drone attack on Ukraine, escalating tensions just as President Trump and President Zelensky discussed peace, air …
House Prices and Rents Continue to Rise in Early 2025 Across the Europe:House prices and rents across the European Union continued to rise in early 2025, with EU-wide house prices up 5.7% and rents up 3.2% year-on-year in Q1. Over the long term (2010–2025), house prices surged by 57.9% and rents by 27.8%. Countries like …
Ukraine stands at the edge of collapse as Russian forces unleash a fierce two-front assault, and the U.S. freezes critical military aid including Patriot missiles. With air defenses running dry and cities falling, Kiev urgently seeks alternative support from Europe. Meanwhile, in a rare personal moment, Pope Leo XVI recalls his childhood in Chicago during …
Tariff Trouble:As the July 9 deadline approaches, the European Union and the United States are on the brink of a major trade clash. With Donald Trump threatening 50% tariffs on EU imports and Brussels preparing a $112 billion retaliation list, global trade could be reshaped overnight. Behind the scenes, corporate giants like BMW, Mercedes, and …