Lagarde addresses euro's international role at EU parliament hearing

European Central Bank President Christine Lagarde spoke before the European Parliament's Committee on Economic and Monetary Affairs on October 6, 2025, highlighting the euro area's economic resilience amid global uncertainties. She outlined growth and inflation projections while emphasizing the need to strengthen the euro's global standing. Lagarde called for reforms to enhance Europe's economic foundations and geopolitical position.

Italy Lowers Economic Growth Forecasts for 2025 and 2026

24 Mwezi wa tisa, 2025 Imeripotiwa na AI

Italy's economy ministry has revised its growth projections downward, estimating a modest 0.5% expansion in 2025 and 0.7% in 2026 amid persistent challenges like high debt and sluggish productivity. The update, released on September 23, 2025, reflects a more cautious outlook influenced by global economic headwinds and domestic fiscal constraints. This adjustment could impact Italy's budget planning and its standing within the European Union.

King Felipe VI speaks at the Toja Forum

3 Mwezi wa kumi, 2025 Imeripotiwa na AI

King Felipe VI addressed the 13th edition of the Toja Forum today, a key event for European debate. In his speech, he emphasized the need for unity in the European Union amid global challenges. The intervention comes amid rising geopolitical tensions.

Spain Revises 2024 Economic Growth Upward to 3.5 Percent

Spain's national statistics institute has revised its estimate for the country's 2024 economic growth to 3.5 percent, citing stronger-than-expected performance in key sectors. This upward adjustment reflects robust domestic consumption and tourism recovery, signaling optimism amid broader European economic challenges. The revision comes as policymakers grapple with inflation and global uncertainties.