Inflation expectations for the next 12 months in the eurozone rose to 2.8% in August, up from 2.6% in July, according to the results of a consumer survey published by the European Central Bank (ECB) on Friday.
Eurozone annual inflation reached 2.1% in August, up from 2% in July, Eurostat announced on Wednesday.
The European Parliament is set to vote on Bulgaria's proposed entry into the eurozone today (8 July).
The European Commission is likely to give Bulgaria the green light on June 4 to adopt the euro currency from the start of 2026, several euro zone officials said, making Bulgaria the 21st country to join the single currency area.
Industrial production in the eurozone rose by 1.1% month-on-month in February, outperforming expectations, according to data released by Eurostat on Tuesday. Analysts had forecasted a modest 0.1% increase.
Euro zone business activity accelerated to its fastest pace in seven months in March, driven by a moderation in the long-running downturn in manufacturing, according to a survey. However, growth in the services sector slowed slightly.
Greece bade farewell to former Prime Minister Costas Simitis, a reformist leader who steered the country into the eurozone in 2001. Celebrated for his modernisation efforts, his legacy is also marked by controversy over policies linked to Greece’s later debt crisis.
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