The new US President’s first 100 days in office have been a period of economic and financial chaos. What’s the best response to all of this chaos and disruption?
The EU economy began 2025 on a somewhat stronger footing than anticipated. It is projected to keep growing at a modest rate this year, with growth expected to pick up in 2026, despite heightened global policy uncertainty and trade tensions.
In an interview with the ECB’s Supervision Newsletter, Kilvar Kessler, Chair of Estonia’s Finantsinspektsioon and ECB Supervisory Board member, reflects on Estonia’s digital banking success, cyber threats, and the future of European supervision.
The European Commission has unveiled a major simplification package for the Common Agricultural Policy (CAP), aiming to ease administrative burdens, strengthen crisis support, and improve farmers’ competitiveness. These changes could save farmers up to €1.58 billion and national administrations €210 million annually.
At the Hoover Institution, Isabel Schnabel stressed that the traditional Phillips curve—linking inflation and economic slack—has behaved unpredictably over the past two decades. After the financial crisis, inflation was unexpectedly stable (“missing inflation”), while post-pandemic it surged, pointing to a temporarily steeper curve. Now, signs suggest it may be flattening again.
The number of irregular border crossings into the European Union fell by 27% in the first four months of 2025 to nearly 47 000, according to preliminary data collected by Frontex*.
Ukraine’s Security Service (SBU) announced on Friday that it had uncovered a spy network controlled by Hungary, which was attempting to gather information about Ukraine’s defense system.
In his first public address from the balcony overlooking St. Peter’s Square, newly elected Pope Leo XIV spoke on Thursday evening about peace, a synodal Church that builds bridges, and stands with the poor.