Author: Euronews

This week, investors will focus on inflation data from the major Eurozone economies, seeking clues about the interest rate path of the European Central Bank (ECB). ADVERTISEMENTSome key economic data will drive market sentiment, with the Consumer Price Indices (CPIs) from major European countries set to be in the spotlight this week. Additionally, Personal Consumption Expenditures (PCE) will be a focus for investors looking to gauge central banks’ interest rate trajectories.EuropeFollowing the hotter-than-expected inflation data from the UK last week, major economies, including Germany, France, Spain, and Italy are poised to release their estimated CPI for May this week.At a…

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The leader of France’s far-left LFI party told supporters at a rally on Saturday it was time for the country to recognise Palestinian statehood. ADVERTISEMENTFrance’s far left rallied on Saturday ahead of European elections. The leader of France’s far-left La France Insoumise (LFI) party told supporters at a rally now was the moment to officially recognise Palestine.Jean-Luc Mélenchon spoke to supporters in the town of Aubervilliers, near Paris, as the campaign for the 2024 European elections enters its final weeks.“France must recognize the Palestinian state now,” he said, “The balance of power must show that the whole world condemns this genocide.”LFI…

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Top Polish diplomat Radoslaw Sikorski said on Saturday that Russia wanted to destabilise Europe. ADVERTISEMENTPoland’s foreign minister has accused Russia of plotting to sow instability in Europe before European parliamentary elections in June.Radoslaw Sikorski said in Lodz on Saturday that “Russia wanted to destabilise the situation in Europe ahead of the upcoming elections to the European Parliament. They want to influence the outcome of these elections.”“We cannot allow them to do it,” he continued.Sikorski said that “there were sabotage groups in Europe inspired and paid for by the Russian services.”The news comes days after Polish Prime Minister Donald Tusk announced…

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