#eurozone #ECB
The markets seem to be saying that 3x rate #hikes aren't necessary; one will suffice to risk weakening already soft industrial activity, worsening credit conditions, and deepening recessionary tendencies, chart #Bloomberg
The French far right’s weak spot: economic incoherence

The National Rally’s rivals are exploiting the ideological schism between pro-business Jordan Bardella and the more populist Marine Le Pen.

POLITICO

EU: Average House Sales Price to Regional Household Income, in 2025

Notably, Greece is the only EU member with no data on this map!

The average house sales price divided by average household income, expressed as the number of years of income required to purchase a property.

High ratio (least affordable): exceeds 12 years of income.
Medium ratio: between 9 and 12 years.
Low ratio (most affordable): below 9 years= easier to buy.

#EU #Greece #RealEstate #HousePrices #HousingCrisis #Eurozone

With Orbán gone, EU looks to extend sanctions renewal deadline

Brussels is taking full advantage after the former prime minister’s election loss in Hungary last month.

POLITICO

Residential Property Prices in Southern Eurozone Countries from Q1 2020 to Q4 2025

Southern Eurozone housing markets have generally performed well since the pandemic, driven by tourism recovery, remote work migration (especially to Portugal, Spain, Greece), low interest rates earlier in the period, and strong demand from international buyers.

#Eurozone #RealEstate #HousePrices #EU #Greece #property #HousingCrisis #residential #Meditteranean #EU

Trump’s unintentional gift: how the Fed’s erosion opens Latin America’s doors to the euro.

Tensions with the Federal Reserve has led various governments in the region to seek more predictable alternatives.

And the euro has emerged as the main option for dealing with institutional uncertainty in the United States.

Euro-denominated debt issuance climbed to 12% in the first quarter, its highest level in a decade.

https://mediafaro.org/article/20260515-trumps-unintentional-gift-how-the-feds-erosion-opens-latin-americas-doors-to-the-euro?mf_channel=mastodon&action=forward

#Euro #Eurozone #Economics #Politics #EU #LatinAmerica

Trump’s unintentional gift: how the Fed’s erosion opens Latin America’s doors to the euro.

Tensions with the Federal Reserve has led various governments in the region to seek more predictable alternatives. And the euro has emerged as the main option for dealing with institutional …

El País

Euro Area: Weighted Average Interest Rates on New Mortgage Agreements and Interest Rates on New Household Deposits with Agreed Maturity in March 2026

These are new agreements (not existing stock of loans/deposits).

#Eurozone #Greece #RealEstate #Housing #mortgages #incomes #HousingCrisis #EuroArea #HousePrices #rents #property

Hungary’s new government pushes for the euro by 2030.

Hungary’s new leadership wants the country to adopt the euro by the end of the decade while repairing strained ties with Brussels.

But with a weak economy and tight deadlines, experts warn the path will be steep.

https://mediafaro.org/article/20260506-hungarys-new-government-pushes-for-the-euro-by-2030?mf_channel=mastodon&action=forward

#Hungary #Eurozone #Economy #EU

Hungary’s new government pushes for the euro by 2030.

Hungary’s new leadership wants the country to adopt the euro by the end of the decade while repairing strained ties with Brussels. But with a weak economy and tight deadlines, …

DW