EUR News
LAST UPDATE: September 1, 2025
New EU Defense Plan to Benefit Poland Most, Von Der Leyen Says
von der Leyen said that Poland will benefit the most from the EU’s new €150 billion defense investment plan.
Insight
Highlights the EU’s support for frontline members amid security concerns.
UK’s Starmer names ex-BoE official Shafik as top economic adviser
PM Starmer appointed ex-BoE deputy governor Minouche Shafik as top economic adviser.
Insight
Signals a technocratic strengthening ahead of fiscal policy challenges.
UK factories stumble as new orders fall back, PMI shows
UK manufacturing PMI dropped to 47.0 in August amid falling new orders.
Insight
Suggests industrial headwinds amid global trade concerns and domestic pressures.
Czechs Plan $14 Billion Deficit With Bigger Spending on Defense
The Czech Republic plans a $14 billion budget deficit to boost defense expenditure.
Insight
Reflects heightened security concerns prompting fiscal expansion.
Turkey economy grew 4.8% in Q2, above expectations
Turkey’s Q2 GDP expanded by 4.8% year-on-year, surpassing forecasts.
Insight
Shows strong resilience despite tight monetary policy and global headwinds.
