• 19 June 2025
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How can we finance the extra investment needed in the European Union?

The investment required to meet the challenges of competitiveness and energy and technology transition in the European Union is huge, and the need for it is imminent (2025-2030). To this must now be added expenditure to strengthen the European Union’s military capabilities. To finance this, the EU must of course speed up its roadmap towards

  • 19 June 2025
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EcoNews – 26 May 2025

World / Global TradeThe European Union in the Trump administration’s crosshairs: in response to slow negotiations, the US President initially threatened to impose a 50% tariff on imports from the EU starting on 1 June. Following discussions with Ursula Van Der Leyen, the deadline was pushed back to 9 July, with the President of the

  • 19 June 2025
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Markets Review – 26 May 2025

Wednesday, June 18, 2025 Charts of the Week In the Eurozone, inflation is also a monetary phenomenon Monday, June 16, 2025 Eco Week Markets Review – 16 June 2025 Eco Week EcoNews – 16 June 2025 Scenario and forecasts The updated scenario and forecasts of the Economic Research – 16 June 2025 Wednesday, June 11

  • 19 June 2025
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French Budget: The Hardest Part is Yet to Come

France’s fiscal deficit worsened in 2023 and 2024. Spending growth was maintained, despite the slowdown in public revenues growth. The 2025 budget should enable consolidation to begin thanks to a rebound in revenues. However, spending as a share of GDP is expected to remain relatively stable. The challenge of continuing fiscal consolidation in 2026 therefore

  • 19 June 2025
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EcoNews – 19 May 2025

ADVANCED ECONOMIES United StatesHeadline inflation for April was lower than expected, but inflation expectations continue to rise. Inflation (as measured by the CPI) reached 2.3% y/y (its lowest level since February 2021) due to a sharp decline in energy prices (-3.7% y/y), while core inflation remained unchanged at 2.8% y/y. Producer prices fell by 0.5%

  • 19 June 2025
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Markets Review – 19 May 2025

Wednesday, June 18, 2025 Charts of the Week In the Eurozone, inflation is also a monetary phenomenon Monday, June 16, 2025 Eco Week Markets Review – 16 June 2025 Eco Week EcoNews – 16 June 2025 Scenario and forecasts The updated scenario and forecasts of the Economic Research – 16 June 2025 Wednesday, June 11

  • 19 June 2025
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Resilience of Central European economies amidst tariff shock

Central European economies have defied pessimist predictions in recent years on their ability to cope with shocks. The region posted a less pronounced GDP contraction in 2020 compared to advanced EU countries. In 2022, at the onset of the Russia-Ukraine war, the region was viewed as the most exposed within Europe due its high energy

  • 19 June 2025
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EcoNews – 12 May 2025

INTERNATIONAL TRADEUnited States/United Kingdom Trade Deal: the United Kingdom has obtained an exemption from customs duties on aluminium and steel, provided that it meets the United States’ economic-security requirements in their supply chains. A quota of 100,000 cars (i.e. the vast majority of exported vehicles) will see their customs duties reduced to 10%, compared with

  • 19 June 2025
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Markets Review – 12 May 2025

Thursday, June 19, 2025 Eco Flash FOMC: Waiting and Divided Wednesday, June 18, 2025 Charts of the Week In the Eurozone, inflation is also a monetary phenomenon Monday, June 16, 2025 Eco Week Markets Review – 16 June 2025 Eco Week EcoNews – 16 June 2025 Scenario and forecasts The updated scenario and forecasts of

  • 19 June 2025
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The dollar demise question: what’s different this time?

Since WWII ended, 80 years ago this week, the US dollar has been the unparalleled dominant currency at the center of the international monetary and financial system. Every now and then, questions have arisen about this dominance and for brief periods became front page material in the financial press. Despite the excitement invariably elicited, the

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