
The euro has surged 13% this year, unsettling exporters across Europe. A 10% euro rise can trim corporate profits by as much as 3%. Market watchers warn that further gains may prompt action from the ECB as earnings season begins.

The EU’s eighteenth sanctions package introduces a dynamic oil-price cap. The bloc’s latest measures target Russian oil revenue with a variable price ceiling, new import bans on third-country fuels, and an expanded blacklist of tankers and banks, as markets question the enforcement impact.

Berlin’s rejection of joint EU debt has deepened division. The German government ruled out new Eurobonds, intensifying the bloc’s budget standoff ahead of a potential US tariff shock.

Brussels has proposed a new €6.8 billion corporate tax. Less than 48 hours later, political backlash from major EU economies and industry groups has left the levy — designed to help fund the bloc’s next long-term budget — with almost no chance of survival.

Brussels has postponed its landmark Digital Services Act probe. The decision delays a potential fine against X. Officials say the move aims to avoid inflaming tense trans-Atlantic trade talks, leaving open questions about enforcement credibility as the EU weighs its next steps.

The European Central Bank faces new uncertainty over U.S. trade. Bundesbank President Joachim Nagel urged “politics with a steady hand” as Trump’s sweeping tariff threat disrupts policy plans. Officials will now rerun growth forecasts ahead of the 23–24 July ECB meeting, with no immediate rate move expected.

A €400 million pension-fund move may decide a major bank takeover. Italian pension fund Enasarco’s surprise stake in Mediobanca has become the likely swing vote in Banca Monte dei Paschi di Siena’s €13 billion hostile bid, drawing scrutiny over governance, political influence, and sector strategy.

EU ministers have approved Bulgaria’s accession to the eurozone. The country will become the 21st member on 1 January 2026. Bulgaria’s conversion rate is fixed, and dual pricing will start in August as the government aims to ease consumer transition and address inflation concerns.

Apple appeals a €500 million EU fine over App Store rules. The company argues the penalty exceeds legal requirements, claiming imposed business terms harm both developers and consumers. The case tests the EU’s Digital Markets Act against Silicon Valley’s operational norms.

A new study finds biosolutions could create 604,000 European jobs. The Amsterdam Data Collective report, commissioned by Novonesis, outlines how bio-based technologies could unlock €133 billion in value for the EU and UK by 2035, but warns that policy reform is critical for global competitiveness.