Ukraine’s Security Service (SBU) announced on Friday that it had uncovered a spy network controlled by Hungary, which was attempting to gather information about Ukraine’s defense system.
In his first public address from the balcony overlooking St. Peter’s Square, newly elected Pope Leo XIV spoke on Thursday evening about peace, a synodal Church that builds bridges, and stands with the poor.
Robert Francis Prevost, an American cardinal, has been elected the new head of the Catholic Church and will reign under the name Pope Leo XIV.
The European Central Bank (ECB) has released its latest statistics on bank interest rates within the euro area, highlighting a general decline across various lending and deposit categories as of March 2025.
The European Union has welcomed the final ruling of the Arbitration Tribunal in the ongoing sandeel fishing dispute with the United Kingdom. The decision, issued under the framework of the EU-UK Trade and Cooperation Agreement (TCA), supports the EU’s interpretation of key provisions regarding fisheries access and conservation measures.
In 2024, the European Central Bank made a decisive shift—cutting interest rates seven times as inflation showed signs of settling near its 2% target. After years of rising prices and economic strain, this marked a new phase for the euro area.
Raniero Mancinelli, a Roman tailor, has prepared the future pope’s first robe in three different sizes.
As part of the ReArm Europe Plan/Readiness 2030 package presented in March 2025, 12 Member States have officially requested to activate the national escape clause under the Stability and Growth Pact. These countries—Belgium, Denmark, Estonia, Finland, Germany, Greece, Hungary, Latvia, Poland, Portugal, Slovakia, and Slovenia—are seeking additional budgetary flexibility to increase their defence spending in […]
On May 2, 2025, the European Central Bank (ECB) released the results of the March 2025 Survey on Credit Terms and Conditions in Euro-Denominated Securities Financing and OTC Derivatives Markets (SESFOD). The survey, which covers changes in credit terms and conditions over the period from December 2024 to February 2025, highlights several trends in financing […]
On April 30, 2025, the European Central Bank (ECB) announced significant changes to its dedicated overnight credit facility for euro area central counterparties (CCPs). The revised facility is designed to offer crisis-related liquidity backstops to eligible CCPs under the TARGET Guideline.
