Eurozone News
LAST UPDATE: September 4, 2025
ECB says digital euro needed for major disruptions
ECB said a digital euro is vital to ensure payment continuity in times of major disruption.
Insight
Underlines Europe’s move to enhance financial resilience against systemic shocks.
Euro zone retail sales fall more than expected in July
Euro zone retail sales fell by 0.5% in July, worse than expected.
Insight
Reflects weakening consumer demand and signals risks to broader economic recovery.
Ifo institute cuts growth forecasts for German economy
Germany’s Ifo institute cut its economic growth forecasts due to tariffs and weak demand.
Insight
Suggests Europe’s largest economy faces prolonged weakness, adding pressure for fiscal action.