Eurozone News
LAST UPDATE: July 24, 2025
Euro zone consumer confidence rises to -14.7 in July
July consumer sentiment in the euro zone improved, climbing from -16.3 to -14.7, helped by easing inflation and stronger labor markets.
Insight
Confidence uptick suggests recovery momentum. If sustained, it could support stronger household spending and improve outlooks for inflation and growth.
Portugal’s government to audit central bank contract over reported risks
The Portuguese government ordered a full audit of a central bank outsourcing contract amid reports of financial and operational vulnerabilities.
Insight
The move reflects public scrutiny over oversight and governance. Ensuring transparency will be key to reinforcing confidence in central bank operations.
German government moves to speed up military procurement
Germany’s cabinet has agreed to fast-track defense procurement processes by reducing bureaucratic hurdles, in response to demands for quicker delivery of military capability.
Insight
This shift aligns with Berlin’s strategy to modernize defense, reflecting urgency from geopolitical pressures and NATO obligations.
Germany’s Merz says he is hearing there could be trade decisions
CDU leader Friedrich Merz said he has heard that the German government may announce imminent decisions on trade policy, possibly regarding U.S. tariff countermeasures.
Insight
Merz’s confirmation indicates Berlin’s strategic anticipation ahead of looming trade negotiations and potential EU-wide tariff responses.
France’s Macron: We want to provide trade stability and have lowest tariffs possible
President Macron stated he is coordinating with Germany and other EU leaders to respond to incoming U.S. tariffs, aiming to ensure trade stability and maintain the lowest possible tariff levels.
Insight
Macron’s comments signal unified EU resolve to soften U.S. trade measures and protect European exporters, reinforcing efforts to stabilize transatlantic trade before escalation.
