Poland's central bank keeps benchmark rate at 3.75% as inflation reaches 3.4%
The Monetary Policy Council kept the main interest rate unchanged at 3.75% on 9 September 2026, citing rising energy prices, Middle East tensions, and annual inflation climbing to 3.4%.
Spain allocates 2.4 billion euros in Treasury bills as yields reach two-year highs
The Spanish Treasury placed 2,416.82 million euros in three- and nine-month bills alongside a 4,000 million euro green bond syndicate ahead of the European Central Bank rate decision.
Japan Foreign Reserves Fall by Record $79.6 Billion After 15.4 Trillion Yen Intervention
Japan's foreign exchange reserves declined by $79.6 billion in August to $1.208 trillion following a record 15.4 trillion yen market intervention conducted jointly with the United States.
Chancellor Healey pledges fiscal discipline and regional growth ahead of budget
In a speech in Coventry seven weeks after taking office, UK Chancellor John Healey set out plans to devolve investment powers to city regions and cut regulatory costs by 25% by 2029 while committing to strict fiscal rules.
Trump threatens trade halt with deficit nations unless Federal Reserve cuts interest rates
Donald Trump demanded that the Federal Reserve reduce interest rates to the lowest in the world, threatening to stop trade with deficit partners after August hiring data beat expectations.
Brain drain costs Italy up to €11.4 billion annually as 141,000 citizens move abroad
A TEHA Group and Philip Morris Italia report presented at Cernobbio estimates Italy loses €7.2 billion yearly in public education spending and up to €11.4 billion in ungenerated value as qualified workers leave.
Poland proposes 4950 PLN monthly minimum wage for 2027 following social dialogue deadlock
A draft government regulation sets Poland's 2027 minimum gross wage at 4950 PLN monthly and 32.30 PLN hourly, adding 3.2 billion PLN in corporate labour costs.
German inflation rises to 2.9% in August as energy prices and Rhine shipping issues lift costs
Germany's annual inflation rate rose to 2.9% in August 2026, driven by higher fuel prices, Middle East tensions, and low water levels on the Rhine.
Netherlands relocates 86 tonnes of gold reserves from North America to London
De Nederlandsche Bank completed the transfer of 86 tonnes of gold from the United States and Canada to the Bank of England to improve crisis readiness and liquidity access.
Greece announces €2.2 billion package with wage and pension increases
Prime Minister Kyriakos Mitsotakis unveiled measures at the Thessaloniki International Fair, including higher pensions, a restored civil service Christmas bonus, and minimum wage increases.
China injects 360 billion yuan into state banks and insurers to support lending
China launched a 360 billion yuan ($53.6 billion) recapitalisation of eight state banks and insurers, funded partly by 300 billion yuan in special government bonds, to strengthen capital buffers and encourage credit expansion.
Greece unveils €884 million tax relief package and wage increases at 90th TIF
Prime Minister Kyriakos Mitsotakis outlined reductions in presumptive taxation for 155,000 professionals and scheduled minimum wage increases to €1,000 by 2028.
Spain's inflation reaches 4.3% in August 2026 as fuel costs rise amid Iran conflict
Spain's annual consumer price index rose seven tenths to 4.3% in August 2026, driven by fuel costs and prompting an expanded tax discount on diesel.
Spanish unemployment rose by 44,419 in August 2026 as summer contracts ended
Registered unemployment in Spain increased by 1.92% in August 2026 to 2,355,918 people, driven by seasonal losses in the services sector and new registrations from an extraordinary regularisation process.
Global bond yields surge to multi-year highs as Middle East fighting lifts oil prices
Sovereign bond yields climbed in the United States, Japan, and Australia on Wednesday as renewed U.S.-Iran conflict pushed crude prices above $95 a barrel, increasing market expectations of interest-rate hikes.
Polish government adopts 2027 draft budget with 282.6 billion PLN deficit
The Polish Council of Ministers adopted the 2027 draft budget on Friday, projecting 977.6 billion PLN in spending, 695 billion PLN in revenue, and defense allocations above 4.5% of GDP.
Mitsotakis unveils €2.2 billion economic package at Thessaloniki International Fair
Greek Prime Minister Kyriakos Mitsotakis announced a 2.2 billion euro fiscal package for 2027, featuring tax cuts for businesses, pension increases, and targeted relief for rural areas.
Six EU net contributors demand hundreds of billions in cuts to proposed €2 trillion budget
Leaders from Germany, Denmark, Austria, Finland, the Netherlands, and Sweden met in Berlin to oppose the European Commission's 2028–2034 budget plan, calling for spending reductions across all areas.
Italian population projected to drop by 13 million by 2080, ISTAT warns
Projections by national statistics bureau ISTAT indicate Italy will lose 13.1 million residents by 2080, with deaths peaking in 2058 and childless couples outnumbering families with children by 2047.
Fitch upgrades Portugal's credit rating to A+ citing debt reduction and fiscal prudence
Fitch Ratings upgraded Portugal's long-term sovereign debt rating from A to A+ with a stable outlook on Friday, pointing to ongoing public debt reduction and consistent budgetary discipline.
Morningstar DBRS lifts Greek credit outlook to positive while maintaining BBB rating
Morningstar DBRS kept Greece's credit rating at BBB on 4 September 2026 but raised its outlook from stable to positive, citing steady debt reduction and primary budget surpluses.
US employers add 162,000 jobs in August as jobless rate holds at 4.1%
The United States added 162,000 jobs in August while unemployment held at 4.1%, beating forecasts and raising market odds of a Federal Reserve interest rate increase.
Kevin Warsh opens door to Fed rate hikes as US inflation persists at 3.7%
Speaking at Jackson Hole, the Federal Reserve chair rejected forward rate guidance and stated that persistent inflation above the 2% target could require monetary tightening in September.
Andrew Bailey warns G20 of artificial intelligence cyber risks and market debt
Financial Stability Board chair Andrew Bailey told G20 finance ministers in North Carolina that frontier artificial intelligence models pose acute cyber threats to global banking systems.
French bond yields rise above Italian BTPs as debt concerns shift to Paris
French 10-year sovereign bond yields moved above Italian equivalents in August 2026 as European investors reallocated capital toward Rome following divergent fiscal trajectories and political instability in Paris.
Fitch maintains France sovereign rating at A+ as deficit forecasts rise
Fitch Ratings affirmed France's credit rating at A+ with a stable outlook on 28 August 2026, while raising its public deficit projections to 5.2% in 2026 and 5.5% in 2027 ahead of autumn budget debates.
Fed chair Kevin Warsh warns of potential interest rate hikes as US inflation reaches 3.7%
Speaking at the Jackson Hole symposium, Federal Reserve Chair Kevin Warsh warned that the US central bank will raise interest rates if consumer price increases do not slow toward the 2.0% target.
France avoids technical recession as GDP stagnates at 0.0% in second quarter
Insee revised French gross domestic product to 0.0% for the second quarter of 2026, following a 0.2% drop in the first quarter, as heatwaves damaged farm output.
German unemployment climbs to 3.061 million in August as labor market slows
The national jobless rate edged up to 6.5% as 54,000 more people registered without work, while regional data showed 20-year highs in Bavaria and Hamburg.
Portugal declares full execution of €21.9 billion recovery plan and 44 reforms
Economy Minister Manuel Castro Almeida announced that Portugal met all targets and concluded 44 reforms under its Recovery and Resilience Plan ahead of the 31 August deadline.