EUR
Lower UK May inflation masks still-high living costs
Headline inflation slowed to the target of 2.0% in May but high living costs remain a key political issue
United KingdomBudget divisions could break German government
The coalition parties are deeply divided over the plans for next year’s budget
GermanyEastern members face EU fiscal deficit procedure
Visegrad Four's budget deficits come under scrutiny as the European Commission renews the excessive deficit procedure
Eastern EuropeCyprus will seek closer US relations
An upgrade in US-Cypriot relations highlights Nicosia’s effort to improve ties with Washington
CyprusElection pressures will undermine German government
Defeat for Germany’s three coalition parties in the EU election will make policymaking more arduous
GermanySerbia will look to open Europe’s largest lithium mine
President Aleksandar Vucic breathes new life into a moribund lithium mine project
SerbiaEU labour costs will reduce scope for more rate cuts
Growth in total labour costs accelerated in the early months of 2024, keeping wage-price spiral fears alive
EUApplication of nature law will vary across EU
One of the EU’s most ambitious climate policies, the Nature Restoration Law (NRL), has received final approval
EU
