Inflation in the eurozone accelerated to 4 per cent year-on-year in October 2026, up from 3.8 per cent in September, reaching its highest level since the end of 2023.
The euro is losing ground against key global currencies. This is due to protests in France, as well as investor concerns surrounding the conflict in Ukraine. This was reported by Bloomberg.
France is coming under increasing pressure due to its high budget deficit, rising public debt and political divisions over spending cuts.
Isabel Schnabel, a member of the ECB’s Executive Board, examined three options for integrating central bank money with distributed ledger technology (DLT) and spoke in favour of the direct issuance of tokenised reserves. This was outlined in a presentation she gave at The Future of Money conference at the Bank of England in London.
The Statistical Office of the European Union (Eurostat) has published the final, revised figures on the performance of the European economy in the second quarter of 2026. Eurozone GDP grew by 1.2 per cent year-on-year, Eurostat reported. This is double the rate recorded in the first three months of the year, which stood at 0.6 per cent. This result exceeded both the initial flash estimates (which had forecast growth of 1.0 per cent) and the expectations of most experts.
As part of the process of harmonizing Moldovan legislation with EU legal standards, Moldova has developed new procedures for debt collection and the resolution of cross-border disputes. These procedures will take effect upon Moldova’s accession to the European Union.
This has arguably been one of the main consequences of adopting the euro as the base currency for calculating the exchange rate of the Moldovan leu. The National Bank of Moldova (NBM) cites evidence supporting the soundness of this decision, which for the past year and a half has had a positive impact on both foreign exchange costs and the management of the country’s foreign exchange reserves.
A new version of the Classification of Economic Activities is being developed in Moldova. The document will be fully harmonized with the European version.
An unusual situation has emerged in the digital asset market: stablecoins pegged to the Turkish lira have surpassed euro-denominated tokens in terms of transaction volume. According to Zodia Markets, a subsidiary of Standard Chartered, the volume of on-chain transfers in lira reached $3.4 billion in 2025.
Escalating conflict in the Middle East is driving investor demand for defensive assets as the war drags on. The dollar index, which measures the value of the U.S. currency against a basket of currencies, rose 0.03% to 99.53. The euro fell 0.06% to $1.1563. The yen rose 0.06% to 159.11 per dollar, while sterling weakened 0.06% to $1.3331.
