EUR News
LAST UPDATE: June 14, 2025
EU trade surplus with US grows in April despite tariffs
Despite ongoing tariffs, EU goods exports to the U.S. rose 5% year-on-year in April, leading to a trade surplus of €12 billion for the month .
Insight
The resilience of EU exports highlights the strength of industrial and luxury segments. It may strengthen Brussels’ hand in future trade negotiations, showing U.S. tariffs haven’t significantly curbed EU competitiveness.
UK financial regulators should copy Singapore model, say peers
A House of Lords committee criticized the UK’s FCA and PRA for being overly risk-averse and urged them to adopt a more agile, “concierge-style” model similar to Singapore’s MAS—fast-tracking approvals and easing entry for financial firms .
Insight
This signals growing pressure on UK regulators to foster growth and innovation. Embracing a Singapore-style model could attract more business to London, though it will require balancing liberalization with maintaining financial stability.
Starmer Says No Obstacles Left in Finalizing US‑UK Trade Deal
UK Prime Minister Keir Starmer stated that all major issues have been resolved in the ongoing UK-U.S. trade deal talks, with only final technical points remaining ahead of conclusion .
Insight
Starmer’s comment implies rapid progress and an imminent trade agreement, signaling a post-Brexit milestone. However, technical hurdles and domestic scrutiny on food standards remain potential stumbling blocks.
Starmer Signals Support for 3.5% NATO Aim With Talks on Date
Starmer confirmed his government is preparing to meet NATO’s 3.5% of GDP defense spending target and that discussions over before-commitment timing are imminent .
Insight
Increasing defense commitment signals stronger alignment with NATO priorities and reaffirms the UK’s role in European security. The timing talk could serve both domestic reassurance and alliance signaling.
Swiss government backs agreement strengthening economic ties to EU
Switzerland approved a deal with the EU enhancing cooperation on goods trade, environmental standards, and financial sector alignment, signaling thaw in stalled bilateral talks .
Insight
After years of deadlock over institutional frameworks, this marks a pragmatic step to stabilize Swiss-EU economic ties. It could reduce trade friction and boost investor confidence on both sides.
