Eurozone News
LAST UPDATE: September 3, 2025
Euro zone economic growth remains sluggish in August, PMI shows
The euro-zone composite PMI edged up to 51.0 in August; growth remains weak in services, while new orders picked up modestly and France continues in contraction.
Insight
The figures highlight persistently fragile recovery, particularly driven by weak service sector performance.
French finance minister urges compromise on 2026 budget
France’s finance minister called for compromise on the 2026 budget, balancing fiscal targets with political stability amid government uncertainties.
Insight
The plea underscores the tension between fiscal discipline and political realities amid fragile governance.
Greek Premier Eyes Tax Relief to Ease Years of Post-Crisis Pain
Greece plans tax relief for the middle class, including cuts and family support, aiming to address long-term economic pain. (Bloomberg.com)
Insight
The move signals a shift toward alleviating household burdens to stimulate consumption, though it raises fiscal sustainability questions.
Finland Adds Austerity to Reduce Fallout From Defense Boost
Finland will implement €1 billion in additional cuts to mitigate the impact of increased defense spending. (Bloomberg.com)
Insight
Indicates a balancing act to maintain fiscal discipline while bolstering defense amid geopolitical pressures.
