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Fitch boosts Italy's rating on improved fiscal performance, political stability
Ratings agency Fitch boosted Italy's rating to 'BBB+' from 'BBB' on Friday, citing increased confidence in the country's fiscal resilience and a stable political environment, in li...
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Fitch revises Poland's outlook to 'negative' on weakening public finances
Fitch Ratings revised Poland's outlook to "negative" from "stable" on Friday, citing growing risks to public finances as the key driver.
Rates & Bonds
Fitch maintains Romania's investment-grade rating but budget strains remain
Fitch maintained Romania's investment-grade credit status on Friday, keeping its "BBB-" rating after the new government pushed through steps to ease its budget deficit, but the out...
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Bank of England cuts rates to 4% after narrow 5-4 vote
The Bank of England cut interest rates on Thursday but four of its nine policymakers - worried about high inflation - sought to keep borrowing costs on hold, suggesting the BoE's r...
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EU ministers back Bulgaria's euro adoption from 2026
European Union finance ministers gave formal support on Friday for Bulgaria to adopt the euro currency, paving the way for the country to become the 21st member of the euro zone fr...
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Croatian consumer prices rise 3.5% in May on the year
Croatian consumer prices rose 3.5% in May on a yearly basis, confirming an earlier flash estimate, according to data released by the statistics office on Monday, with the restauran...
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EU Commission urges faster implementation of investment, reforms to spend EU's Recovery Fund
The European Commission urged EU governments on Wednesday to speed up the implementation of reforms and investments so that they manage to spend the billions of euros still availab...
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EU executive starts disciplinary steps against Austria over budget deficit
The European Commission started on Wednesday disciplinary steps against Austria over the country's budget deficit that exceeds EU limits, a procedure could potentially end in fines...
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EU steps up disciplinary action against Romania over excessive deficit
The European Commission stepped up on Wednesday the EU's disciplinary action against Romania over the country's large budget deficit, opening the possibility of freezing some EU fu...
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