Eurozone News
LAST UPDATE: September 3, 2025
Central bank chief says the longer France waits to tackle debt, more painful it will be
Bank of France governor warned that delaying action on public debt would make future corrections more painful.
Insight
Highlights urgency of fiscal reform to prevent deeper economic repercussions and erosion of confidence.
No miracle’ in last-ditch talks with French PM: far right
Far-right leaders said emergency talks with the French PM yielded no breakthroughs ahead of a confidence vote.
Insight
Illustrates entrenched political polarization and the diminishing chance of compromise in crisis moments.
ECB’s Villeroy says euro-zone inflation is well under control
ECB official Villeroy stated that inflation in the eurozone is firmly within manageable levels.
Insight
Reinforces rationale for maintaining current policy and avoiding unnecessary tightening.
ECB’s Muller says it makes sense to hold rates and watch economy
ECB board member Muller emphasized the prudence of holding interest rates steady while monitoring growth.
Insight
Reflects the ECB’s cautious, data-driven approach amid global uncertainty.
Spain’s negative power prices are already twice the 2024 total
Negative electricity prices in Spain have already reached twice the 2024 level.
Insight
Signals growing impact of renewable oversupply and structural shifts in the energy market.