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MEPs: Georgia’s ruling authorities lack legitimacy, new elections essential

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Nearly 90% of German voters fear election manipulation, poll finds

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Bart De Wever poised to become Belgium’s first Flemish nationalist Prime Minister

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European Parliament hosts second edition of MEGA conference

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Human rights violations in the Democratic Republic of the Congo, Iran, and Algeria

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Holocaust Remembrance Day: 80th anniversary of Auschwitz liberation

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MEPs: Georgia’s ruling authorities lack legitimacy, new elections essential

MEPs: Georgia’s ruling authorities lack legitimacy, new elections essential MEPs: Georgia’s ruling authorities lack legitimacy, new elections essential
Members of the European Parliament (MEPs) have urged the international community to reject the legitimacy of Georgia’s current ruling authorities,...
Read More...

Belgium slips in global corruption rankings by Transparency International

Belgium slips in global corruption rankings by Transparency International Belgium slips in global corruption rankings by Transparency International
  Belgium has dropped out of the top 20 in Transparency International’s (TI) annual Corruption Perceptions Index (CPI), according to...
Read More...

EU far-right rallies behind Trump: "We are the future!"

EU far-right rallies behind Trump: "We are the future!" EU far-right rallies behind Trump: "We are the future!"
  Leaders of Patriots for Europe, the nationalist and far-right alliance in the European Parliament, convened in Madrid on Saturday, declaring...
Read More...

Nearly 90% of German voters fear election manipulation, poll finds

Nearly 90% of German voters fear election manipulation, poll finds Nearly 90% of German voters fear election manipulation, poll finds
  A recent survey conducted by the Brussels-based digital industry association Bitkom has revealed that 88% of German voters are concerned...
Read More...

Belgium’s Defence Minister urges ‘serious reinvestment’ ahead of EU summit

Belgium’s Defence Minister urges ‘serious reinvestment’ ahead of EU summit Belgium’s Defence Minister urges ‘serious reinvestment’ ahead of EU summit
  Belgium’s newly appointed Defence Minister, Theo Francken, has emphasized the urgent need for substantial investment in the country’s...
Read More...

Bart De Wever poised to become Belgium’s first Flemish nationalist Prime Minister

Bart De Wever poised to become Belgium’s first Flemish nationalist Prime Minister Bart De Wever poised to become Belgium’s first Flemish nationalist Prime Minister
Bart De Wever is set to make history as Belgium’s first-ever Flemish nationalist prime minister, a move that will put the country’s fragile...
Read More...

European Parliament hosts second edition of MEGA conference

European Parliament hosts second edition of MEGA conference European Parliament hosts second edition of MEGA conference
  The European Parliament in Brussels is hosting the second edition of MEGA (Make Europe Great Again), an event organized by the European...
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Human rights violations in the Democratic Republic of the Congo, Iran, and Algeria

Human rights violations in the Democratic Republic of the Congo, Iran, and Algeria Human rights violations in the Democratic Republic of the Congo, Iran, and Algeria
  On January 23, 2025, the European Parliament adopted three resolutions addressing significant human rights abuses in the Democratic Republic...
Read More...

Holocaust Remembrance Day: 80th anniversary of Auschwitz liberation

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  On January 29 at noon, the European Parliament will honor International Holocaust Remembrance Day with a special plenary session in Brussels,...
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On Thursday, the European Central Bank (ECB) announced a quarter-point interest rate cut, marking the second reduction this year following a similar

move in June. 

The deposit rate has been lowered from 3.75% to 3.5%, a widely anticipated decision driven by the Eurozone's sluggish economic growth and easing inflation pressures.

Economic growth in the Eurozone remains slow, with GDP expanding by just 0.2% in the second quarter. Meanwhile, inflation in the bloc has cooled, with annual inflation falling to 2.2% in August, the lowest level since July 2021. This brings inflation closer to the ECB’s target of 2%.

However, the ECB has cautioned that challenges remain. While headline inflation has dropped, core inflation remains stubbornly higher at 2.8%, and services inflation has risen from 4% to 4.2%.

ECB President Christine Lagarde emphasized a cautious and data-driven approach to future economic decisions. "Our interest rate decisions will be based on our assessment of the inflation outlook, economic and financial data, and the dynamics of underlying inflation. We are not pre-committing to a specific rate path," she said during a press conference.

Lagarde's comments countered concerns from some ECB officials, including Isabel Schnabel and Bundesbank President Joachim Nagel, who warned against easing monetary policy too quickly. Lagarde reiterated the ECB’s commitment to bringing inflation back to the 2% target in a timely manner and maintaining restrictive policy rates as long as necessary to achieve this goal.

The ECB’s rate cut comes just ahead of an expected rate-cutting cycle by the US Federal Reserve next week. Photo by World Economic Forum from Cologny, Switzerland, Wikimedia commons.

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