EUR News
LAST UPDATE: September 30, 2025
Bank of England’s Ramsden sees inflation falling to target as jobs market weakens
BoE Deputy Governor Dave Ramsden said inflation is expected to fall to target as the labor market shows signs of weakness.
Insight
His remarks reinforce expectations that the Bank of England may keep rates steady or even consider cuts if disinflation persists.
UK working with EU to secure youth mobility agreement, Reeves says
UK Finance Minister Rachel Reeves said Britain is working with the EU on a youth mobility deal to allow young people to live, study, and work across borders.
Insight
The plan could improve labor mobility and ease post-Brexit frictions, though negotiations may face political hurdles.
European commission to propose “Defence Readiness” roadmap
The European Commission will propose a “Defence Readiness” roadmap aimed at strengthening the bloc’s defense coordination and preparedness.
Insight
The roadmap could accelerate EU defense integration, reducing reliance on NATO and boosting Europe’s strategic autonomy.
Swiss National Bank reconfirms with US it doesn’t seek competitive edge via forex
The Swiss National Bank reiterated to the U.S. Treasury that it does not use foreign exchange interventions to gain a competitive trade advantage.
Insight
This reassures markets and helps Switzerland avoid renewed tensions with Washington over alleged currency manipulation.
Switzerland and UBS could compromise on capital rules, sources say
Swiss authorities and UBS may reach a compromise on stricter capital rules, according to people familiar with the talks.
Insight
A deal could ease regulatory pressure on UBS while still maintaining stability in Switzerland’s financial system.
Risks of premature rate easing outweigh benefits, Hungary central banker says
Hungary’s central bank’s deputy governor warned that easing policy too soon risks reigniting inflation and undermining monetary credibility.
Insight
Maintaining tight monetary policy may preserve inflation control even at the cost of slower growth—especially ahead of elections.
Sweden, France, Germany boost security at Denmark’s European summits
In response to increased threats, Sweden, France, and Germany are enhancing security measures around Danish-hosted European summits.
Insight
The move highlights rising concerns about transnational threats and the need for coordinated European security protocols.
Sweden Hits Back at Merz Call to Lift EU Combustion Engine Ban
Swedish officials criticized German politician Friedrich Merz’s proposal to end the EU ban on combustion engine cars, defending climate and emissions targets.
Insight
The dispute reveals tension among EU members over balancing environmental policy with industrial competitiveness.
Serbia arrests 11 for placing pig heads outside mosques in France
Serbia has arrested 11 individuals linked to an incident where pig heads were placed outside mosques in France, a provocative act raising religious tensions.
Insight
The incident and arrests highlight rising Islamophobia and cross-border religious sensitivities in Europe.
