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Finland has confiscated 3.7m euros of Russian funds at the request of Ukrainian state-run company Naftohaz.
The indicator significantly exceeded the ECB’s target of 2%. The main reason was energy price inflation, which rose by 10.9% year-on-year. The preliminary data paves the way for an ECB interest rate hike at next week’s meeting. Before the conflict in Iran, inflation in the eurozone was below 2%.
The euro’s share of the global market rose slightly to around 20%, lagging far behind the dollar despite inconsistent US policy. Investors are refocusing on gold and smaller currencies, with gold’s share of total reserves exceeding the euro and government bonds. ECB President Lagarde is calling for reforms in the EU to make the euro more attractive and sustainable globally.
Brussels intends to include Rosneft and Lukoil in the 21st package of sanctions against Russia, which the EU countries expect to agree on by the end of next week.
A structural fracture is brewing in the world of Big Tech: Google actually recognizes that demand for artificial intelligence already exceeds available capacity
Norway may return to the issue of joining the EU. The country’s authorities recognize that the changed global environment and the EU’s growing trade influence are forcing Oslo to reconsider its previous approaches to relations with Brussels.
A Moldovan parliamentary delegation is on a study visit to the European Parliament. The program of the visit, organized by the Democracy Support and Electoral Coordination Unit, includes discussions on the country’s progress in the European integration process, as well as on the strengthening of cooperation between the two legislative bodies.
Iraq’s Oil Ministry announced the discovery of a major oil field in the southern province of Najaf, near the border with Saudi Arabia.
The index of business activity in the eurozone manufacturing sector, according to S&P Global surveys, fell to 51.6 in May from 52.2 in April, hitting a two-month low. The slowdown came amid stagnant new orders in May, which offset a record four-year rise in sales in April. Export orders for production declined during the month.
By 2050, more people will die each year from superbacteria than from cancer. According to Japanese pharmaceutical experts, antibiotic resistance is a “serious threat” to our health and economy.
The Republic of Moldova is among the countries where the threat of terrorist acts and other similar phenomena is minimal.
Turkey’s economy slowed in the first quarter. The central bank tightened monetary policy to reduce risks associated with the conflict with Iran. The shock caused volatility in the energy market and complicated the Turkish central bank’s efforts to curb inflation. Turkey imports a significant amount of oil and natural gas, making its economy particularly sensitive to changes in global energy prices.
Armenian Prime Minister Nikol Pashinyan said that at this stage there are no grounds for holding a referendum in Armenia on the choice between the European Union and the Eurasian Economic Union.
As of June 1, 2026, Moldova is the 40th Member State of the European Patent Organization. This follows its deposit of its instrument of accession to the European Patent Convention (EPC) on March 25, 2026.
The European Union has started discussing possible ways to support Euroclear depository after the Russian court ruling on the recovery of losses related to the blocking of Russian assets.
China and the United States are at the center of global trade flows – they dominate both purchases and shipments of goods around the world. Together with Germany, these countries account for a huge share of global trade in goods.
Food inflation in Europe has slowed sharply, but for consumers this has made little difference: prices remain well above pre-pandemic levels. The reason is simple – inflation is slowing, but price hikes are not rolling back.
Current German Chancellor Friedrich Merz has been in office for just over a year. However, talk of his possible replacement is already intensifying within the ruling Christian Democratic Union (CDU).
World vegetable oil production in the 2026/27 marketing season will reach 244.1 million tons. This is about 6.8 million tons more than in the current season. The global supply of this commodity will fully meet the projected demand for it (237.6 million tons).
The Republic of Moldova takes another step towards European economic integration. The Ministry of Economic Development and Digitalization and the Swedish National Board of Trade (NBT) signed a Memorandum of Cooperation for the period 2026-2028.
