European Central Bank

The court found Peter Kažimír guilty of bribery when he was Minister of Finance. He has to pay a fine of 200,000 euros, but remains in office for now.

The European Commission and the European Central Bank will give their consent for Bulgaria to join the Eurozone. This is expected to happen on January 1, 2026, making the country the 21st member of the currency union.

The European Central Bank expects all decisions regarding the digital euro to be made by the beginning of next year. The launch of the currency is expected in two to three years after that.

Oleksiy Poroshenko did not pay the military tax on income abroad for 2023-2024. The amount of unpaid taxes is estimated at UAH 770 million.

US trade shock rocked markets and confidence, exacerbating global threats according to a Brookings-FT study. IMF is set to cut growth forecasts due to rising uncertainty.

The head of the Central Bank of Greece, Yannis Stournaras, said that the trade war will have an impact on Europe's economic growth. Tariffs may lead to a decrease in inflation below the ECB's targets.

Donald Trump plans to introduce import tariffs, which could lead to a trade war. Europe is preparing to respond, considering protecting its own economic interests.

UKASKO is a technology provider for more than 20 insurance companies.

Martins Kazaks, the president of the Bank of Latvia and a member of the Governing Council of the ECB, supported the idea of outright seizure frozen Russian assets in Euroclear. He called it a viable option for assisting Ukraine.