Author: Euronews

Despite a fall in inflation, Poland’s central bank governor remains concerned it could reignite because of higher food taxes and the potential removal of energy price limits. ADVERTISEMENTPoland’s central bank is expected to keep interest rates unchanged at 5.75% for the seventh consecutive meeting, a Bloomberg survey of 27 economists has revealed.Central Bank Governor Adam Glapinski said last month that he would not cut borrowing costs, citing concerns about a potential rise in inflation because of higher food taxes and the potential removal of energy price limits.Poland’s annual inflation rate fell in March, dropping to 1.9% from the previous month’s…

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The wrongful closure of hundreds of bank accounts belonging to defence companies puts national security at risk, claim Conservative MPs. ADVERTISEMENTPoliticians in the UK are concerned about the effects of ‘debanking’ on the country’s security and economic prosperity.UK lenders Santander and Lloyds closed 300 accounts belonging to “public administration and defence” companies last year alone, according to information given to the Treasury Select Committee.In a letter featured in the Telegraph newspaper on Wednesday, the Conservative Member of Parliament (MP) Harriett Baldwin warned against the effects of ‘debanking’ on SMEs, pawnbrokers and defence firms.Some lenders retract their services because they are…

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The opinions expressed in this article are those of the author and do not represent in any way the editorial position of Euronews. The outcome of this year’s European elections could again send ripples beyond its borders. It is paramount that we hold the line for democracy, David Koranyi writes. ADVERTISEMENTAs a Hungarian who lived in Belgium for seven years, I know first-hand the opportunities and challenges of being a mobile European citizen. The ability to live, work, and study anywhere in the EU has been game-changing for people like me and many millions of others and is one of the…

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