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A service for global professionals · Wednesday, July 9, 2025 · 829,609,037 Articles · 3+ Million Readers
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Sweden Eurozone Newswire

  • Published on Jul 8, 2025

    EU sets conversion rate for Bulgaria’s eurozone entry in 2026

    BRUSSELS: European Union finance ministers completed the final steps on Tuesday for Bulgaria to become the 21st member of the eurozone from January 2026, including setting the conversation rate of the Bulgarian lev to the euro. Bulgaria will join the …

    Source: Kuwait Times - Pro-Government
  • Published on Jul 8, 2025

    EU approves Bulgaria’s entry into eurozone in 2026

    Brussels, July 8– EU finance ministers have formally approved Bulgaria’s accession to the eurozone, clearing the final steps for the country to adopt the euro on January 1, 2026. The transition will occur at a fixed conversion rate of 1 euro to 1.95583 …

    Source: Gazeta Tema - Indeterminate
  • Published on Jul 7, 2025

    Eurozone retail sales drop 0.7pc in May

    May's decline was partly attributed to a decrease in food store sales volumes, with April's strong sales driven by good weather across the Continent. Declines were seen in food, drinks and tobacco sales, non-food product sales, and automotive fuel …

    Source: ShareCast - Neutral
  • Published on Jul 7, 2025

    Eurozone Retail Sales Drop For First Time In 5 Months; Services Output Fall

    Euro area retail sales decreased for the first time in five months and services production declined in May, suggesting a slowdown in the second quarter. Retail sales logged a monthly fall of 0.7 percent in May, reversing April's 0.3 percent increase, …

    Source: RTTNews - Neutral
  • Published on Jul 7, 2025

    August rate cut may be off the table with Sweden’s inflation surge to 2.9%

    Sweden’s inflation rate climbed to 2.9%, past analyst expectations, leading many to doubt whether the central bank will move forward with its anticipated August rate cut. In May, the country’s CPIF was 2.3%; thus, many analysts’ forecasts ranged between 2. …

    Source: Cryptopolitan - Indeterminate
  • Published on Jul 8, 2025

    Marseille airport suspends flights due to wildfire as residents warned to clear the streets

    Wildfire approaching Marseille forces local airport to suspend operationsMeanwhile over in France, there are growing concerns about the wildfire near Marseille which forced the local airport to suspend its operations this afternoon. The Aix-Marseille …

    Source: The Guardian - Center-left
  • Published on Jul 4, 2025

    Unemployment rate drops to 6.3% in the eurozone and 5.9% in the EU in May

    In the euro area, the unemployment indicator experienced a slight decrease compared to the 6.4% recorded year-on-year, and a slight increase from the 6.2% observed in April. According to the European statistical service, in the EU, the indicator slowed to …

    Source: Portugal Pulse - Neutral
  • Published on Jul 5, 2025

    Trump's tariff date arrives after a 90-day rollercoaster

    (Bloomberg) — The world economy, beset with uncertainty for three months over Donald Trump’s on-again-off-again tariffs, is about to get more clarity as the US president’s deadline for trade deals arrives on Wednesday. Most Read from Bloomberg That’s when …

    Source: Yahoo Finance - Center-left
  • Published on Jul 8, 2025

    Cyprus leads EU in retail trade growth for second month

    Cyprus recorded the strongest annual growth in retail trade among all EU member states in May 2025, according to updated figures released by Eurostat this week. Retail turnover on the island increased by 7.9 per cent compared to May 2024, a figure that …

    Source: Cyprus Mail - Indeterminate
  • Published on Jul 8, 2025

    Cyprus Business Now: CySEC, tourism, hospital tookover, job satisfaction

    Finance Minister Makis Keravnos on Monday will chair a Eurogroup meeting, which is also set to elect a new president for the next two and a half years. According to a statement from the Finance Ministry, ministers will first exchange views on the …

    Source: Cyprus Mail - Indeterminate
  • Published on Jul 7, 2025

    Trump trade letters spark risk-off trade - Newsquawk US Market Wrap

    SNAPSHOT: Equities down, Treasuries down, Crude up, Dollar up REAR VIEW: Trump delivers trade letters to 7 countries with new tariff levels & range from 25-40%; Awaiting more Trump tariff letters; Trump threatens additional 10% tariff on countries who …

    Source: Zero Hedge - Right-wing
  • Published on Jul 7, 2025

    European spending drops as trade tensions hit consumer wallets

    Published on 07/07/2025 - 11:44 GMT+2 Retail sales in the eurozone fell at their steepest monthly rate in nearly two years in May, as growing uncertainty over US trade tariffs weighed on consumer sentiment and curbed spending. According to first …

    Source: Euronews - Neutral
  • Published on Jul 7, 2025

    London stocks turn weaker amid fresh tariff concerns

    The FTSE 100 index slipped 0.19% to close at 8,806.53 points, while the FTSE 250 dipped 0.09% to 21,538.48 points. In currency markets, sterling was last down 0.1% on the dollar to trade at $1.3636, as it gained 0.28% against the euro, changing hands at €1 …

    Source: ShareCast - Neutral
  • Published on Jul 7, 2025

    Key Events This Week: FOMC Minutes And Trump Tariff Deadline

    The week after payrolls is usually quiet for data (key US event on the calendar is the FOMC minutes on Wednesday) so all eyes will focus on Wednesday's 90-day extension to the reciprocal tariffs announced on Liberation Day back on April 2nd. However, …

    Source: Zero Hedge - Right-wing
  • Published on Jul 7, 2025

    OPEC+ Countries Agreed To A Sharp Increase In Production

    Monday, July 7, 2025 6:45 AM EDT Image Source: Unsplash   The US stock indices did not trade on Friday due to the US Independence Day holiday. The dispute between Republican President Donald Trump and his campaign’s chief financier, Elon Musk, took a new …

    Source: myMotherLode - California - Pending
  • Published on Jul 7, 2025

    Retail downturn in Latvia: decline both year-on-year and month-on-month

    In May of this year, retail turnover in Latvia decreased by 1.9% compared to the same month last year, placing Latvia among seven European Union (EU) countries where retail trade volumes declined year-on-year, according to data published on Friday by the …

    Source: Baltic News Network - Neutral
  • Published on Jul 4, 2025

    DIGITAL HOUSE OF CARDS – Europe’s Fragile Payment Infrastructure

    AI generated image “Money is a terrible master but an excellent servant”. (Phineas Taylor Barnum) Money wasn’t born overnight. It evolved from trust, necessity, and shared belief in value. Long before coins and paper banknotes, people exchanged goods, but …

    Source: Europe Diplomatic Magazine - Center-right
  • Published on Jul 3, 2025

    SAFE Alone Will Not Rearm Europe: Structural Weaknesses Undermine EU Defence Finance Plan

    7The European Commission’s new financial instrument, the Security Action for Europe (SAFE), has been presented as a flagship initiative to address Europe’s urgent defence needs. With €150 billion in loan capacity, SAFE aims to facilitate joint procurement …

    Source: EUToday - Neutral
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  • Published on July 8, 2025 - 18:11 GMT

    EU Parliament Greenlights Bulgaria’s Eurozone Entry for January 2026

    (MENAFN) On Tuesday, the European Parliament gave the green light to Bulgaria’s plan to adopt the euro, setting the stage for the nation to officially join the Eurozone starting January 1, 2026. In a commanding vote, 531 Members of the European Parliament …

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  • Published on July 8, 2025 - 16:42 GMT

    The economic situation in Germany in May 2025

    © iStock.com/blackred In the first quarter of 2025, the German economy posted a modest recovery, with GDP increasing by 0.2% quarter-on-quarter, adjusted for prices, seasonal and calendar effects. The rebound was primarily driven by private consumption …

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  • Published on July 5, 2025 - 20:29 GMT

    ECB's Lagarde Confirms Steady Interest Strategy

    (MENAFN) European Central Bank (ECB) head Christine Lagarde affirmed on Friday that the existing trajectory of interest rates is in a "good position" and reiterated the institution’s unwavering focus on its medium-term objective of maintaining …

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