- 5h ago
ECB unveils new euro banknote designs, asks 358 million citizens to vote on culture vs nature themes
The ECB presented 10 design proposals for the next euro banknote series on Thursday, launching a public consultation that runs until 21 September. The two competing themes are 'European Culture' featuring historical figures and 'Rivers and Birds' showcasing nature and EU institutions.
- Jun 16
US and Iran agree on framework to end war and reopen Strait of Hormuz, boosting markets
A framework agreement between the United States and Iran to end the months-long war and reopen the Strait of Hormuz sent oil prices down 5% and lifted global stock markets on Monday, though economists cautioned that the economic damage would take time to heal.
- May 29
German inflation unexpectedly drops to 2.6% in May as fuel discount takes effect, but ECB rate hike looms
Germany's annual inflation rate fell to 2.6% in May from 2.9% in April, defying economist expectations, as a temporary fuel tax cut and lower crude oil prices eased pressure on consumers.
