EUR News
LAST UPDATE: September 11, 2025
EU’s Biggest Gas Project Lines Up More Buyers Before 2027 Launch
The EU’s largest natural gas infrastructure project has secured more buyers ahead of its 2027 launch, highlighting strong market demand.
Insight
Early commitments bolster EU energy security as it transitions away from Russian supplies.
Europe drags its heels on Draghi plan as global rivals surge
A year after Mario Draghi’s competitiveness report, the EU has implemented only a fraction of recommended reforms, while rivals move faster.
Insight
Political hesitation risks undermining Europe’s competitiveness as the U.S. and China surge ahead.
Schlegel Says SNB Won’t Hesitate to Cut Rate Again If Needed
SNB Chairman Martin Schlegel said the central bank could cut rates again if conditions warrant, even after a recent reduction.
Insight
The comment signals policy flexibility as Switzerland navigates low inflation and global economic uncertainty.
Swiss National Bank to start publishing rate discussion summaries
The Swiss National Bank announced it will publish summaries of its policy discussions to improve transparency.
Insight
This step brings the SNB closer in line with other major central banks and may guide market expectations.
Hungary’s central bank left base rate steady in unanimous August vote
Hungary’s central bank kept its base rate unchanged at 6.5% in August, with all policymakers voting unanimously.
Insight
The decision reflects caution amid persistent inflation despite slowing economic growth.
Turkey secures 15 billion cubic metres of LNG for to diversify gas supply
Turkey signed LNG deals worth 15 bcm for 2026–2028 to diversify away from pipeline gas dependency.
Insight
The agreements boost Ankara’s energy security and reduce reliance on geopolitically sensitive suppliers.
Norway’s $2 Trillion Fund Looks to Expand Renewables Investments
Norway’s sovereign wealth fund will increase renewable investments, including grids and storage, as part of a $38B plan.
Insight
This shift reflects both a climate strategy and a long-term bet on green infrastructure returns.
EU is unlikely to hike tariffs on India, China at Trump’s request
The EU rejected Trump’s push for 100% tariffs on India and China, citing trade rules and economic interests.
Insight
This demonstrates the EU’s resistance to politically driven tariffs while maintaining dialogue with key Asian partners.
