Top Stories

European economy

ECB's president Christine Lagarde

European economy 11th September 2026

ECB raises rates by 0.25 to 2.5%: Prices rise, and so does the cost of money

Julian Marx (Flossbach von Storch) | Strength lies in calm, and this applies to monetary policy as well. As a rule, the European Central Bank (ECB) avoids generating unnecessary suspense before potential changes in interest rates. This occasion was no different: Bundesbank President Joachim Nagel virtually previewed the rate decision when speaking to the French newspaper Le Monde in early September: “Inflation is currently very far from our medium-term target…

Read More
union europea en construccion 2000x1125 1

European economy, In Europe 24th July 2026

Morgan Stanley calculates ageing population, military spending and interest payments could add 3 percentage points of GDP in additional expenditure in Eurozone

In this context, growth ceases to be merely an economic objective and becomes the main determinant of European fiscal sustainability. By Morgan Stanley Europe is entering a new fiscal regime in which an ageing population, rising defence spending and higher borrowing costs are coming up against increasingly tight budgets. Although these factors are well known, their combination significantly alters the region’s fiscal outlook and makes economic growth the key variable…