Tag: Euro
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Mario Draghi bestowed with Charlemagne Prize
Former European Central Bank President and former Italian Prime Minister Mario Draghi was awarded the prestigious International Charlemagne Prize earlier today in Aachen, Germany, one of Europe’s highest political honours recognising contributions to European unity and integration. During his acceptance speech, Draghi delivered what has increasingly become his characteristic pro-European message: a warning that Europe…
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Euro area inflation goes up to 2.6% in March: Malta’s inflation rate remains flat at 2.3%
According to the latest Eurostat statistics, Euro-area inflation went up to 2.6% in March from 1.9% in February and 2.8% in the EU from 2.1%. Malta’s inflation rate has remained flat at 2.3% mainly owing to electricity and fuel subsidies. The lowest inflation rates were registered in Denmark at 1.%, and Czechia, Cyprus and Sweden all at 1.5%.…
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House prices go up by 6.1% in the last quarter of 2025 according to new Eurostat index
Malta has recorded a 6.1% increase in house prices in the last quarter of 2025, according to the latest House Price Index by Eurostat. The reading is the same provided by the NSO. The property price indicator has been updated along with the HICP updates. House prices in the EU increased by an average of…
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The current inflationary risks for Malta
According to Eurostat’s statistics, Malta’s inflation rate remained above the European average throughout 2025, with food and beverages particularly pushing inflation higher in Malta. Housing prices continued to climb and electricity and fuel prices were tamped down with subsidies. Malta’s yearly inflation fopr 2025 was in the 2.3%-2.4% range while the EU average inflation was…
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Inflation makes a comeback in Europe with the Iran War and the HICP revisions
Inflation is making a comeback in Europe after it experienced significant pressure downwards last year falling below 2% in the Euro area and in line with the European Central Bank targets. According to the latest released and revised HICP figures by Eurostat, inflation in the Euro-area edged higher in February from 1.7% in January to…
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Inflation in the Euro-area going down: Euro at $1.179
Annual inflation across the Euro area eased further in January 2026, with consumer prices rising by 1.7 % compared with the same month a year earlier, down from 2.0 % in December 2025, according to the latest figures published by Eurostat. The decline marks the lowest headline rate since late 2024 and reflects moderating price…
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EU fiscal scoreboard: who is sliding fastest on deficit and debt (Q3 2025)
The latest Eurostat data for Q3 2025 show a clear deterioration in the seasonally adjusted EU-wide deficit position, while public debt ratios continued edging up overall — but with sharp divergences between Member States. The EU’s average government deficit increased from 2.9% from Q2 to 3.2% in Q3 and total debt to GDP rose from…
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The Euro shines as EU Commission President goes to India for “Mother of all trade deals”
The Euro is getting lots of love this year having risen by 0.94% in value against the US Dollar since the start of the year, however from one year to date, the Euro has also risen by up to 13% against the US Dollar. The Euro currently stands at $1.185Â and the Dollar Index at…
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BREAKING: Euro-area inflation goes down to 1.9%: Euro makes a 0.69% move up against the US Dollar
According to the latest released Eurostat figures earlier today, Euro area inflation has gone down to 1.9% in December last year, keeping up with its downward trend and the ECB’s targets. Inflation ion Malta also came lower striking a downward reading despite a year of persistent inflationary price rises mainly due to food prices. The…
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Digital Euro on track to the European Parliament after Danish Presidency concludes draft text
The legislation for the digital Euro is set to go to the European Parliament after a first tentative text was concluded at the European Council negotiations led by the Danish Presidency. The initial stages of the discussions of the European Council involved diplomats from member-states so member-states have already agreed on a tentative draft text…
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GDP and Employment increase by 0.1% in the Euro area in the second quarter of this year: Malta at 0.6%
GDP in the Euro area increased by 0.1% and 0.2% in the EU comparted to the previous quarter according to the latest EuroStat figures. In the first quarter of 2025, GDP had increased by 0.6% in the Euro area and 0.5% in the EU. The primary drivers of GDP growth were household expenditure followed by…
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EuroStat releases flash inflation estimate of 2.1%: unemployment at 6.2% in the Euro area
EuroStat has released a flash inflation estimate of 2.1% for the month of August according to the Harmonised Index of Consumer Prices (HICP), inching higher than the previous inflation rate of 2% in July. Inflation rose mainly due to food alcohol and tobacco followed by services and non-energy industrial goods while energy prices went down.…
