According to the EU's statistical office, Eurostat, “the overall poverty rate in the EU fell to 17.4 %, decreasing sharply in southern and eastern countries (Cyprus -38 %). However, Eurostat confirms that it rose in France (+2 %) and the Nordic countries. Greece maintains the highest rate (67 %),…
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European Union
Lula da Silva anticipates signing of Mercosur-EU free trade agreement in December
The free trade agreement between the Southern Common Market (Mercosur) and the European Union will be signed on December 20, according to Brazilian President Luiz Inácio Lula da Silva, who made the announcement after participating in the…
The European Union could create a regulator to oversee crypto exchanges
The European Commission is evaluating a draft proposal to create a regulatory body similar to the US SEC to oversee crypto exchanges.
According to the Financial Times, the restructuring of the financial supervision framework in the bloc,…
WhatsApp tests feature to enable groups with users of other apps
WhatsApp is preparing to launch a new feature that will allow users to create groups with users of other messaging applications, in response to the new EU regulation called the Digital Markets Act.
The feature is already in the testing…
Christine Lagarde proposes reinforcing the euro against the weakness of the US dollar
The US dollar appears to be struggling in the global market. Given this decline in the most widely used currency in international trade, the President of the European Central Bank, Christine Lagarde, urged the bloc's governments to…
Eurozone inflation surpasses expectations
In September, eurozone inflation exceeded analysts' projections, closing the month with a 2.2 % increase. This trend was driven by rising prices for goods and services, particularly energy costs.
According to the European Central Bank…
EU imposes multi-million-dollar fine on Google
The European Union imposed a €2.9 billion fine on the US technology company. The charges against Google include violating regional competition rules and favoring its own digital advertising services.
"The European Commission also ordered…
European Union suspends tariff countermeasures against the US for six months
The US president had announced a package of 30 % tariffs on imports of European Union products starting August 1.
Following the agreement reached between the parties, it was learned that the EU will pause for six months "the two packages…
The United States and the EU signed a mutually beneficial trade agreement
The United States and the European Union signed a trade agreement on a unified 14 % tariff to be applied to most sectors, including automotive, semiconductors, and pharmaceuticals.
"According to the EU, this unified tariff provides greater…
Germany requests a cyberattack protection law
Germany wants to make the protection of important equipment and companies against cyberattacks a law, and has therefore submitted the corresponding request to the European Union.
According to Claudia Plattner, President of the Federal…
EU ministers voted for Bulgaria’s entry on the Eurozone in 2026
Bulgaria will become a member of the European Union on January 1, 2026, following a rigorous process that culminated in the approval of the Eurozone's Economy and Finance Ministers.
With this decision, the country becomes the 21st member…
Mercosur optimistic about signing free trade agreement with the EU
Mercosur representatives held a meeting in Buenos Aires, Argentina, on Thursday, July 3, and signed an agreement with the European Free Trade Association (EFTA) as a further step toward signing the Free Trade Agreement with the European…