The ECB held rates at 2% on 30 April 2026 for a third consecutive meeting, balancing 3% inflation against 0.8% growth, with the Iran war complicating the outlook.
MEPs endorsed an update to the Generalised Scheme of Preferences, the EU main trade tool to give developing economies easier access to the bloc.
MEPs approved 2 million euros in EU support for workers who lost their jobs after Liberty Steel Belgium went bankrupt.
European leaders signed the One Europe One Market roadmap during the Cyprus summit, with deliverables to complete the single market by end-2027.
Investors are betting on a possible ECB rate hike in June or July 2026, with traders fully pricing in three hikes by year-end.
Eurozone inflation reached 3 percent in April 2026 as the Iran war pushed energy prices higher and dimmed prospects of further rate cuts.
European Central Bank keeps deposit facility rate at 2 percent for the tenth straight month, with markets pricing in a possible summer hike.