EUR
Euro-area inflation stuck near 2.5% will test ECB
July euro-area headline inflation edged up to 2.6% on slightly pricier energy and core inflation was unchanged at 2.8%
EUStrong German rebound is unlikely to materialise
Having emerged from recession at the start of the year, the German economy has contracted again
GermanyBulgaria’s political gridlock prolongs election agony
Two attempts to form the government have failed, paving the way for another snap election
BulgariaUK dependence on fossil fuel imports could increase
The Labour government has pledged to bolster renewable capacity and accelerate the phase-out of fossil fuel exploration
United KingdomFirmer trade could boost German and euro-area growth
The euro area grew by a firm 0.3% on the quarter in April-June but Germany contracted and only Spain is growing strongly
EURussia will target Europe with new nuclear missiles
President Putin yesterday threatened “mirror measures” if the United States deploys long-range missiles in Germany
RussiaItaly-China ties unlikely to improve greatly
Giorgia Meloni is visiting China for the first time since becoming prime minister in October 2022
ItalyEU Artificial Intelligence Act will have limited reach
The EU’s Artificial Intelligence Act will come into force next week
EU
