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Italy raises 2026 growth forecast while warning of higher deficit in 2027
Italy has raised its 2026 growth forecast to 1%, while projecting a higher budget deficit next year as new fiscal room is used.
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Kyiv faces fresh power cuts after Russian strikes
Ukraine has introduced emergency power restrictions in Kyiv as Russian attacks continue to put pressure on the country's energy infrastructure.
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Russian strikes disrupt key bridges in Kyiv
Russian strikes have disrupted key bridges across the Dnipro River in Kyiv, causing major traffic problems and affecting daily life in the…
EUROPE
Germany’s fuel tax cut takes effect
Germany’s temporary fuel tax cut took effect on 1 October, reducing the energy tax on petrol and diesel by 14.04 cents per…
EUROPE
German inflation rises to 3.3% in September as energy prices surge
Germany’s annual inflation rate rose to 3.3% in September, driven largely by a sharp increase in energy prices.
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EU Commission unveils five-point plan to strengthen external borders
The European Commission has presented a five-point plan aimed at improving the EU’s ability to prevent and respond to sudden, large-scale irregular…
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EU rules on environmental claims enter application
New European Union rules on environmental claims and sustainability information for consumers entered into application on September 27. The measures set tighter…
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EU extends Russia sanctions for three years, drops Usmanov and Fridman from list
The European Union has renewed sanctions against around 3,000 Russian individuals and entities for three years, while removing Alisher Usmanov and Mikhail…
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Turkey urges action to protect commercial shipping in Black Sea
Ankara calls for concrete steps to safeguard civilian navigation as attacks on commercial vessels raise security concerns in the Black Sea.