Eurozone News
LAST UPDATE: October 15, 2025
ECB’s Makhlouf Says Inflation Above 2% Is Bigger Risk Than Below That Threshold
ECB official Makhlouf argued that inflation exceeding 2 % poses a greater threat than undershooting.
Insight
His view suggests that the ECB may tolerate moderate inflation overshoots to avoid disinflation risks.
German policy needs a decisive “Africa shift”, association says
A German association called for a bold reorientation of policy toward Africa, emphasizing strategic, economic and diplomatic engagement.
Insight
The push reflects growing view in Germany that Africa should be a central strategic partner rather than a peripheral interest.
French inflation confirmed at 1.1% year-on-year in September
France’s inflation rate for September was confirmed at 1.1 % year-on-year.
Insight
The modest inflation rate reinforces the challenge of balancing price growth with economic stimulation.
Spain’s 12-month EU-harmonised inflation rises to 3% in September
Spain’s 12-month EU-harmonised inflation rate rose to 3 % in September.
Insight
The uptick may put pressure on Spain’s monetary policy stance and signal renewed inflationary pressures.
Greece beats primary budget surplus target in January-September
Greece achieved a primary budget surplus exceeding its target over the January–September period.
Insight
Outperformance improves fiscal credibility and may strengthen Greece’s position in future negotiations.
Croatian consumer prices up 4.2% year-on-year in September
Croatian consumer prices rose 4.2% compared to the same month last year, confirming earlier estimates.
Insight
Inflationary pressure remains strong, which may complicate monetary policy decisions.

