Economic growth is estimated to have accelerated in 2024 to 2.8 percent, driven by a rebound in domestic demand, mainly from private consumption rising due to strong nominal wage growth and lower inflation. This is partially offset by net exports becoming a drag on growth as higher imports from increased consumption outpace exports hindered by weak Euro Area demand.
The Polish Presidency presented its work programme in the field of economic and financial affairs. Ministers held a policy debate on competitiveness. They took note of the economic and financial impact of Russia’s aggression against Ukraine. The Council adopted recommendations on 21 national medium-term fiscal-structural plans as well as recommendations for seven member states that are currently under an excessive deficit procedure.
The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control of Tricentis Corporation by GTCR LLC and Insight Venture Management, LLC, all of the US. The transaction relates primarily to the information technology, software and computer services sectors.
The European Commission has approved, under the EU Merger Regulation, the acquisition of sole control of one business segment of LEONI AG of Germany by Luxshare Limited of China; and of joint control of another business segment of Leoni by Luxshare and Mr Stefan Pierer of Austria. The transaction relates primarily to the manufacturing of wiring and electronic equipment for motor vehicles.
We offer delayed access to the headlines of our Insight EU specialized monitoring emails, typically by several days. For real-time updates and comprehensive monitoring services, consider subscribing to one of our annual plans available in the Insight EU Store.
The European Central Bank (ECB) and the European Banking Authority (EBA) today launched their 2025 EU-wide stress test and released the macroeconomic scenarios. This year’s exercise is designed to provide valuable input for assessing the resilience of the European banking sector in the current uncertain and changing macroeconomic environment.
The Eurogroup discussed the priorities and challenges of the euro area in the context of the new European policy cycle. Ministers explored the use of innovative technologies in wholesale transaction settlements and reviewed progress on the digital euro project.
Liechtenstein has a high per capita income and a fiscal framework that has ensured no deficits since 2013, virtually no public debt, and accumulation of large fiscal buffers. Activity is underpinned by specialized and export-oriented manufacturing, and private banking and wealth management oriented financial services. Liechtenstein is globally integrated, with close ties to Switzerland and the EU.
The Polish Presidency will present its work programme for the first semester of 2025 in the field of economic and financial affairs. Europe’s competitiveness, Russia’s aggression, the European Semester, and financial services are also on the agenda.
The European Banking Authority (EBA) and the European Securities and Markets Authority (ESMA) today published a Joint Report on recent developments in crypto-assets, analysing decentralised finance (DeFi) and crypto lending, borrowing and staking.
NOVIS has been prohibited from conducting new insurance business since June 2023 and can only carry out activities necessary to service existing insurance contracts, i.e. collect premiums, enforce its claims and settle its liabilities. NOVIS is subject only to limited supervision in anticipation of the possible appointment of a liquidator. Due to pending court procedures, it is currently uncertain if and when that decision will be taken by the court.
The report explores four key areas: the role of digitalisation in shaping the insurance and pension sectors, the transformatory power of AI in insurance, consumers’ appetite for supplementary pensions in light of increasing pension gaps, and the real/perceived value for money of insurance and pensions products.
The EU Commission has approved, under the EU Merger Regulation, the acquisition of sole control of UniCredit CNP Vita by UniCredit, both of Italy. UniCredit CNP Vita was previously jointly controlled by UniCredit and CNP Assurances of France. The transaction relates primarily to the insurance sector.
The European Commission has today raised €11 billion of EU-Bonds in its 1st syndicated transaction for 2025. The dual-tranche transaction concerned a new €6 billion EU-Bond maturing on 4 July 2028, and a €5 billion tap of the EU-Bond maturing on 5 October 2054.
We offer delayed access to the headlines of our Insight EU specialized monitoring emails, typically by several days. For real-time updates and comprehensive monitoring services, consider subscribing to one of our annual plans available in the Insight EU Store.
Hong Kong SAR’s economy is on a path of gradual but uneven recovery after a protracted period of shocks. With continued economic slack and external and domestic headwinds, policies should be geared toward supporting domestic demand and mitigating risks.
The EU Commission has disbursed today the first €3 billion tranche of its exceptional Macro-Financial Assistance (MFA) loan for Ukraine, which will be repaid with proceeds from immobilised Russian State assets in the EU. This loan, amounting up to €18.1 billion, represents the EU’s contribution to the G7-led Extraordinary Revenue Acceleration (ERA) loans initiative.
The value of digital payments for retail sales in the EU has skyrocketed, doubling since 2017 to exceed €1 trillion. Yet, the EU’s regulatory framework for card fee-setting lacks regular review to ensure its continued relevance. Meanwhile, challenges persist in achieving seamless account data-sharing, leaving critical gaps in the digital payments landscape.
The European Banking Authority (EBA) has published its final Guidelines on the management of Environmental, Social and Governance (ESG) risks. The Guidelines set out requirements for institutions for the identification, measurement, management and monitoring of ESG risks, including through plans aimed at ensuring their resilience in the short, medium and long term.
The European Securities and Markets Authority (ESMA) has published its first annual market report on the EU crowdfunding market, based on data we receive from National Competent Authorities (NCAs) under the European Crowdfunding Service Providers for Business Regulation, which came into effect in November 2021.
These were the headlines of the last Insight EU Finance Weekly in 2024. We offer delayed access to the headlines of our Insight EU specialized monitoring emails, typically by several days. For real-time updates and comprehensive monitoring services, consider subscribing to one of our annual plans available in the Insight EU Store
We and use cookies and other tracking technologies to improve your experience on our website. We may store and/or access information on a device and process personal data, such as your IP address and browsing data, for personalised advertising and content, advertising and content measurement, audience research and services development. Additionally, we may utilize precise geolocation data and identification through device scanning.
Please note that your consent will be valid across all our subdomains. You can change or withdraw your consent at any time by clicking the “Consent Preferences” button at the bottom of your screen. We respect your choices and are committed to providing you with a transparent and secure browsing experience.
| Cookie | Duration | Description |
|---|---|---|
| __stripe_mid | This cookie is set by Stripe payment gateway. This cookie is used to enable payment on the website without storing any patment information on a server. | |
| __stripe_sid | This cookie is set by Stripe payment gateway. This cookie is used to enable payment on the website without storing any patment information on a server. | |
| _abck | This cookie is used to detect and defend when a client attempt to replay a cookie.This cookie manages the interaction with online bots and takes the appropriate actions. | |
| _wpfuuid | This cookie is used by the WPForms WordPress plugin. The cookie is used to allows the paid version of the plugin to connect entries by the same user and is used for some additional features like the Form Abandonment addon. | |
| ASP.NET_SessionId | Issued by Microsoft's ASP.NET Application, this cookie stores session data during a user's website visit. | |
| AWSALBCORS | This cookie is managed by Amazon Web Services and is used for load balancing. | |
| bm_sz | This cookie is set by the provider Akamai Bot Manager. This cookie is used to manage the interaction with the online bots. It also helps in fraud preventions | |
| cookielawinfo-checbox-analytics | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics". | |
| cookielawinfo-checbox-functional | The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". | |
| cookielawinfo-checbox-others | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. | |
| cookielawinfo-checkbox-necessary | This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary". | |
| cookielawinfo-checkbox-performance | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance". | |
| elementor | This cookie is used by the website's WordPress theme. It allows the website owner to implement or change the website's content in real-time. | |
| JSESSIONID | Used by sites written in JSP. General purpose platform session cookies that are used to maintain users' state across page requests. | |
| viewed_cookie_policy | The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data. |
| Cookie | Duration | Description |
|---|---|---|
| _ga | The _ga cookie, installed by Google Analytics, calculates visitor, session and campaign data and also keeps track of site usage for the site's analytics report. The cookie stores information anonymously and assigns a randomly generated number to recognize unique visitors. | |
| _ga_4L7PKQPHHV | This cookie is installed by Google Analytics. | |
| _ga_T50H0MNN9J | This cookie is installed by Google Analytics. | |
| _gat_gtag_UA_12289088_5 | Set by Google to distinguish users. | |
| _gcl_au | Provided by Google Tag Manager to experiment advertisement efficiency of websites using their services. | |
| _gid | Installed by Google Analytics, _gid cookie stores information on how visitors use a website, while also creating an analytics report of the website's performance. Some of the data that are collected include the number of visitors, their source, and the pages they visit anonymously. |
| Cookie | Duration | Description |
|---|---|---|
| test_cookie | The test_cookie is set by doubleclick.net and is used to determine if the user's browser supports cookies. |
| Cookie | Duration | Description |
|---|---|---|
| _mcid | No description available. | |
| _swa_u | This cookie is set by the provider Sitewit.com. This cookie is used for statistical report and analysis. | |
| ak_bmsc | No description available. | |
| AWSALB | AWSALB is a cookie generated by the Application load balancer in the Amazon Web Services. It works slightly different from AWSELB. | |
| ec_store_chameleon_font | No description available. | |
| FCCDCF | No description available. | |
| issuem_lp | No description available. | |
| lp_us_his | No description | |
| m | No description available. |