Regional desk
Europe
Energy transition, the sanctions regime, defence spending and Baltic security.
Europe · event map· 7 items · 3 high importance
Featured
HighIV Macro & Debt30 Oct
October inflation eases in Germany as Italy hits a three-year high
Flash national data on 30 October put October inflation at 2.8% in Germany, 3.4% in France, 4.9% in Spain and 5.4% in Italy. On the harmonised index (HICP) the gap widened from 2.8% in Germany to 5.6% in Italy.
30 October 2026 · EURO AREA
MediumIV Macro & Debt5 Nov · 15:00
Bank of England raises rates to 4% on the energy shock
MediumVII Reinsurance5 NovSwiss Re lets P&C reinsurance revenue shrink by 1.2 billion dollars
MediumIV Macro & Debt4 NovEuro-area inflation rises to 4% in October as core holds steady
MediumIV Macro & Debt4 NovFrench National Assembly unanimously rejects revenue side of 2027 budget
Latest news
150 events
05/1115:00MediumIV Macro & DebtEuropeBank of England raises rates to 4% on the energy shock05/11MediumVII ReinsuranceEuropeSwiss Re lets P&C reinsurance revenue shrink by 1.2 billion dollars04/11MediumIV Macro & DebtEuropeEuro-area inflation rises to 4% in October as core holds steady04/11MediumIV Macro & DebtEuropeFrench National Assembly unanimously rejects revenue side of 2027 budget04/11MediumII Cyber & InfrastructureEuropeSecond wave of fridge cyberattacks spreads from supermarkets to French blood bank03/11MediumVII ReinsuranceEuropeHoax bomb threats on European flights test war and terror cover03/11MediumVII ReinsuranceEuropeHiscox Re cuts net catastrophe risk as rates fall 14%03/11MediumIV Macro & DebtEuropeNagel signals a December ECB hike is all but unavoidable03/11MediumIV Macro & DebtEuropeMarkets fully price a BoE hike, shifting debate to February02/1112:00LowIV Macro & DebtEuropeEuro area factories grow as France and Italy slip back02/11MediumVII ReinsuranceEuropeStorms Austen and Boelo put the reinsurance hours clause to the test30/10MediumII Cyber & InfrastructureEuropeThree-year Amadeus breach exposes airlines' shared supplier risk30/10HighIV Macro & DebtEuropeOctober inflation eases in Germany as Italy hits a three-year high30/10MediumIV Macro & DebtEuropeFitch turns France negative as the Bund spread widens to 161 bp30/10MediumIV Macro & DebtEuropeFrance contracts for the second time this year as Ireland props up euro-area growth30/10MediumVII ReinsuranceEuropeSCOR's first January quotes point to lower European catastrophe pricing again30/10HighVI Energy & SupplyEuropeEuropean gas breaks 100 euros at a four-year high as storage hits record lows29/1016:15HighIV Macro & DebtEuropeECB holds unanimously as Lagarde announces she will leave in February28/10MediumVI Energy & SupplyEuropeEU refiners and NATO meet on military fuel for the first time28/10MediumII Cyber & InfrastructureEuropeBelarus-aligned group mounts its first destructive cyberattack in Europe28/10MediumII Cyber & InfrastructureEuropeBelgian finance ministry takes MyMinfin offline after a cyberattack28/10MediumIV Macro & DebtEuropeECB set to hold as energy prices outrun its own adverse scenario28/10MediumVI Energy & SupplyEuropeCommission rules out a return to Russian gas even after the war27/10HighIV Macro & DebtEuropeGilt curve enters the budget above the OBR assumption27/10LowII Cyber & InfrastructureEuropeLegacy IT is the top cyber risk for English police and fire27/10MediumIV Macro & DebtEuropeItaly's risk premium drops to 112 basis points, undercutting France26/1012:00LowIV Macro & DebtEuropeGerman industry expectations turn positive for the first time in three years26/10MediumIV Macro & DebtEuropeBrazil shock hits Spain's Latin American heavyweights26/10MediumII Cyber & InfrastructureEuropeBritain puts 130 million pounds into AI-driven cyber defence26/10MediumI Geo-EconomicsEuropeBulgaria's presidential race heads to a runoff on record low turnout26/10MediumII Cyber & InfrastructureEuropeCopenhagen University breach now reaches 545,000 people24/10MediumIV Macro & DebtEuropeFrench spread has almost doubled since the ECB last met24/10MediumIV Macro & DebtEuropeFrance heads into budget week with 410,000 protesters on the streets23/1011:00MediumIV Macro & DebtEuropeFrance's private sector slips back into contraction in October23/10HighVI Energy & SupplyEuropeEuropean gas hits its highest since 2022 as storage peaks early23/10MediumIV Macro & DebtEuropeUK consumer confidence suffers its steepest fall since the Brexit vote23/10MediumIV Macro & DebtEuropeMoody's defies expectations and holds France's rating, outlook still negative23/10MediumVII ReinsuranceEuropeMunich Re raises its full-year profit target to 6.6 billion euros23/10MediumVII ReinsuranceEuropeS&P expects Lloyd's profitability to erode in 202722/10HighIV Macro & DebtEuropeFrance's debt premium spills into Belgium as spread hits 2011 high22/10MediumII Cyber & InfrastructureEuropeBritain proposes up to 14 years in prison for subsea cable sabotage21/1009:00HighIV Macro & DebtEuropeUK inflation jumps to 3.5%, all but sealing a November hike21/10MediumIV Macro & DebtEuropeMore than 30 central banks seek access to ECB euro liquidity line21/10MediumVI Energy & SupplyEuropeFrance locks in an extra 295,000 tonnes of Gulf diesel a month21/10HighIV Macro & DebtEuropeFrench borrowing costs press against 5% ahead of Moody's verdict21/10MediumIV Macro & DebtEuropeUK public debt tops £3 trillion for the first time20/1009:00MediumIV Macro & DebtEuropeSurprise fall in UK unemployment all but locks in a November hike20/10MediumIV Macro & DebtEuropeBerlin investment summit draws pledges of more than 225 billion euros20/10HighIV Macro & DebtEuropeFrench spread tops 150 basis points ahead of Moody's review20/10MediumIV Macro & DebtEuropeItaly answers Milan's cost-of-living riots with 500 troops20/10MediumVI Energy & SupplyEuropeNorwegian gas output falls 6.7% short of forecast in September20/10MediumVI Energy & SupplyEuropeGreek wholesale power price hits its highest level since 202319/10HighVI Energy & SupplyEuropeEuropean gas storage runs 17 points behind the seasonal norm19/10MediumII Cyber & InfrastructureEuropeCyberattack hits Austrian building automation maker Loxone's internal systems19/10HighIV Macro & DebtEuropeFrance turns to curfews as its debt spread widens to 142bp17/1015:00MediumIV Macro & DebtEuropeFrench student protests reach town halls in their fourth week16/10MediumIII Conflict & DefenceEuropeEU leaders hand Ukraine's 70 billion euro gap for next year to the Commission16/10MediumIV Macro & DebtEuropeBailey finds second-round price pressure weak, keeping a November hike in play16/10MediumIV Macro & DebtEuropeNagel keeps another ECB hike on the table as services inflation climbs16/10MediumI Geo-EconomicsEuropePutin seizes the Russian assets of five European companies16/10MediumIV Macro & DebtEuropeUBS says a French downgrade would not automatically hit the EU's rating15/10MediumVI Energy & SupplyEuropeEU summit splits on energy bills, leaving state aid as the only tool15/10LowIV Macro & DebtEuropeEU budget talks slip to December over a €141bn cut15/10MediumVI Energy & SupplyEuropeIEA speeds up emergency stock release, but the diesel share disappoints14/10MediumIV Macro & DebtEuropeLagarde leaves the answer to France's debt pressure with Paris13/10MediumII Cyber & InfrastructureEuropeCyber attack on refrigeration hits 700 French supermarkets12/10MediumIII Conflict & DefenceEuropeEU approves its largest sanctions listing yet against Russia's defence industry12/10MediumVI Energy & SupplyEuropeEurope heads into winter with dearer gas and thinner storage12/10MediumVI Energy & SupplyEuropeFrance to sell 10 million barrels of strategic diesel at cost12/10MediumII Cyber & InfrastructureEuropeHackers heat refrigerators in hundreds of French supermarkets to 50°C12/10MediumI Geo-EconomicsEuropeBlack Sea tanker war-risk cover jumps 12.5-fold in months11/10MediumI Geo-EconomicsEuropeMacron calls for a European preference against China ahead of motor show09/10HighVI Energy & SupplyEuropeEU gas storage at lowest since 2011 as winter demand cuts loom09/10MediumI Geo-EconomicsEuropeEU and China reach understanding on hybrid cars and rare earths09/10MediumIV Macro & DebtEuropeThirty thousand march against Belgian austerity as rail strike looms09/10MediumIV Macro & DebtEuropeEuro hovers near a 17-month low despite ECB tightening bias09/10MediumIV Macro & DebtEuropeFrance pays 29 basis points more than Italy on ten-year debt08/1014:30MediumIV Macro & DebtEuropeECB minutes leave the door open as economists eye a December hike08/1009:00MediumIV Macro & DebtEuropeGerman exports fall unexpectedly in August as US sales drop08/10MediumIV Macro & DebtEuropeBailey uses Istanbul speech to urge governments toward credible budgets08/10MediumIV Macro & DebtEuropeBoE's Greene warns against leaving inflation to the bond market08/10MediumII Cyber & InfrastructureEuropePro-Russian group hits Italy's foreign ministry website with DDoS attack08/10MediumIV Macro & DebtEuropeCommission backs Italy's escape-clause request for defence and energy07/1016:41HighIV Macro & DebtEuropeBritain's long-term borrowing costs hit their highest since 199807/10MediumIV Macro & DebtEuropeConstruction and machinery lift German industrial output past forecasts in August07/10HighIV Macro & DebtEuropeEuropean bank shares slide 3.5% in a day as bonds sell off07/10MediumVI Energy & SupplyEuropeIEA members speed up emergency oil stock releases and prioritise diesel06/1004:00HighIII Conflict & DefenceEuropeDrones strike two Turkish-owned ships off Bulgaria, sinking one06/10MediumIV Macro & DebtEuropeGerman factory orders slump 10.6% as bulk contracts fall away06/10MediumIV Macro & DebtEuropeBoE's Mann says inflation has become embedded in the UK economy06/10MediumIV Macro & DebtEuropeECB's Nagel and Lane see no rush to hike in October06/10MediumIV Macro & DebtEuropeLe Pen's counter-budget promises €140bn in net savings05/10MediumII Cyber & InfrastructureEuropeZammad flaws exploited by an AI agent in the Netherlands join CISA's list04/10LowII Cyber & InfrastructureEuropeStolen data on 700,000 Belgians from IFAPME now circulating free03/1010:00LowIII Conflict & DefenceEuropeUnidentified object from Belarus shuts Vilnius airport for 50 minutes03/10MediumVI Energy & SupplyEuropeEU gas storage enters October about 20 points below the seasonal norm03/10MediumIV Macro & DebtEuropeSpanish parliament sinks Sánchez's housing decrees, putting a snap election in play02/1022:20MediumIV Macro & DebtEuropeItaly raises next year's budget deficit target to 3.4%02/1012:00HighIV Macro & DebtEuropeEnergy drives euro area inflation to a three-year high01/10MediumII Cyber & InfrastructureEuropeEuropol operation takes down the servers of the KillSec ransomware gang01/10HighIV Macro & DebtEuropeFrance's borrowing costs hit their highest since 2002 on budget day01/10HighIV Macro & DebtEuropeUK long-term borrowing costs break through the 6% threshold01/10MediumIV Macro & DebtEuropeMeloni asks the EU for new budget flexibility over inflation shock01/10MediumIV Macro & DebtEuropeBond sell-off drives European shares to a three-month low30/0915:05HighIV Macro & DebtEuropeEnergy pushes inflation above forecasts in Europe's three largest economies30/09MediumIV Macro & DebtEuropeFrance presents its budget with the widest bond spread since 201229/0910:00MediumIV Macro & DebtEuropeFuel prices push Spanish inflation to its highest level since 202329/09MediumI Geo-EconomicsEuropeChina warns of retaliation over trade tool drafted by Germany and France29/09MediumIV Macro & DebtEuropeBoE's Ramsden opens the door to a hike as markets price November28/09MediumIV Macro & DebtEuropeFrench ten-year borrowing costs reach their highest level since 200828/09MediumIV Macro & DebtEuropeLagarde says rising long-term rates will slow eurozone growth27/09MediumI Geo-EconomicsEuropeSwiss voters reject a stricter neutrality initiative by 70 percent27/09MediumIV Macro & DebtEuropeSchnabel's exit speeds up post-Lagarde succession bargaining at the ECB26/09MediumII Cyber & InfrastructureEuropeAttack that reached Renfe through Adif stole 500 GB of data25/09MediumIII Conflict & DefenceEuropeEU reaches agreement on 6.6 billion euro European Peace Facility package frozen by Hungary's veto since spring 2023; fate of 4.7 billion unclear25/09MediumI Geo-EconomicsEuropeEU gas storage reached 70.3% on 23 September: 15.7 points below the five-year average and 11.7 below 2025; Germany stuck at 57%25/09MediumIV Macro & DebtEuropeGerman consumer confidence falls to −30.6 for October, propensity to save at its highest since the 2008 crisis; 10-year Bund 3.61%, 30-year 3.91%25/09MediumIV Macro & DebtEuropeBoE Governor Bailey says high energy prices make it harder to hold rates at 3.75%; November hike odds 75–80%, 10-year gilt 5.35%25/09LowI Geo-EconomicsEuropePortuguese truckers stage a 150 km go-slow convoy on the A1 as diesel tops 2 euros a litre; fuel prices up 24% year on year in August24/0911:00MediumIV Macro & DebtEuropeNorges Bank raises its policy rate by 25 basis points to 4.50%; the Riksbank holds at 1.75% but says hikes will begin this year24/09MediumIV Macro & DebtEuropeGerman Ifo business climate rises to 89.9 in September, its highest since May 2023; the 10-year Bund yield hits 3.60%, the highest since 200924/09LowIV Macro & DebtEuropeSwiss National Bank holds rate at 0%, raises 2027 inflation forecast from 0.6% to 0.8%; franc weakens as intervention language softens23/0922:00MediumII Cyber & InfrastructureEuropeFire at Starlink ground station in Poland that also carries internet to Ukraine: Deputy Prime Minister Gawkowski calls it arson and sabotage23/0911:00MediumIV Macro & DebtEuropeEuro area composite PMI rises to 53.1 in September, the fastest growth in about 42 months; probability of an ECB October hike rises to 48%23/09MediumIV Macro & DebtEuropeDemand weakens at German bond auctions: the €5 billion Bobl drew €4.53 billion in bids, and €1.65 billion of €2 billion was allotted in 2047 and 2056 bonds22/0910:15MediumIV Macro & DebtEuropeFrance pays a 102 basis point premium over Germany, Italy 89.3: Paris's borrowing premium exceeds Rome's by 12.7 basis points22/09MediumII Cyber & InfrastructureEuropeEuropean Court of Auditors: in a €1.4 billion cyber defence effort, member states reported only 14 cross-border incidents in 202522/09MediumIV Macro & DebtEuropeBundesbank President Nagel: if energy prices stay high, the ECB's 2.5% rate could move into mildly restrictive territory22/09MediumII Cyber & InfrastructureEuropeMicrosoft and London police dismantle AI-powered EvilTokens service that compromised 12,000 mailboxes at more than 10,000 organisations22/09MediumIV Macro & DebtEuropeUK borrowing rises to 18.3 billion pounds in August as debt interest sets a record at 8.8 billion22/09MediumII Cyber & InfrastructureEuropeChinese-speaking Red Heron group compromised 996 Zyxel switches in 48 countries and 49 organisations in 29 countries21/09LowIV Macro & DebtEuropeBundesbank: the German economy stalls in the third quarter, employment fell by 14,000 in July19/09HighIV Macro & DebtEuropeFrance-Germany 10-year yield spread passes 100 basis points for the first time since 201217/09MediumV Tech & AIEuropeEU Commission proposes a social media ban for under-13s and guardian-supervised accounts for 13- to 14-year-olds17/09HighI Geo-EconomicsEuropeEuropean gas storage enters winter 68.5% full as TTF traded in a 77-79 euro band on 17 September17/09HighIV Macro & DebtEuropeBank of England holds the policy rate at 3.75% as three of nine members vote for a rise to 4.00%17/09HighI Geo-EconomicsEuropeSweden's opposition bloc took 176 of the 349 seats and Prime Minister Kristersson resigned16/09MediumIV Macro & DebtEuropeFrance–Germany 10-year yield spread widens to 95.6 basis points, its highest in a year16/09MediumIV Macro & DebtEuropeFrench Prime Minister Lecornu asks ministries to freeze 2027 spending at 2026 levels as the 10-year borrowing rate exceeds 4.5%15/09HighIII Conflict & DefenceEuropeItalian jets on NATO air policing duty shoot down a drone believed to be carrying explosives after it entered Lithuania from the direction of Belarus15/09MediumIII Conflict & DefenceEuropeUkraine confirms Lyman counter-offensive; according to ISW, territory retaken in August exceeded Russian gains14/09MediumIII Conflict & DefenceEuropeA Russian frigate fires two flares at a Royal Danish Air Force helicopter on reconnaissance off Gedser; Copenhagen summons the Russian ambassador14/09MediumI Geo-EconomicsEuropeProtesting students in Serbia submit a list for the 25 October election; Vučić will resign on 27 September to run for prime minister13/09MediumIII Conflict & DefenceEuropeA Russian drone strikes a train at Yahodyn station on the Polish border minutes after a diplomatic train carrying former leaders departed10/0915:15HighIV Macro & DebtEuropeECB raises its three policy rates by 25 basis points, taking the deposit rate to 2.50%10/09MediumI Geo-EconomicsEuropeEuropean TTF gas price hits 81 euros/MWh, its highest level since December 202210/09MediumII Cyber & InfrastructureEuropeNATO allies thwart a Russian deep-sea unit's rehearsal of undersea cable sabotage near Svalbard08/09MediumIV Macro & DebtEuropeGermany's 2027 budget reaches the Bundestag: 109.7 billion euros of 555.4 billion in spending goes to defence, net borrowing 118.7 billion euros08/09HighIV Macro & DebtEuropeUK 30-year gilt yield hits its highest since 1998; Treasury sells 30-year debt at the highest rate in DMO history02/09LowI Geo-EconomicsEuropeUK Prime Minister Andy Burnham sets out a devolution-led growth plan and unwavering support for Ukraine in his first parliamentary statement