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Image header Agence Europe
Europe Daily Bulletin No. 13671
Contents Publication in full By article 30 / 34
NEWS BRIEFS / Economy

Euro area inflation estimated at 2.0% in June

01/07/2025 (Agence Europe) – The euro area’s annual inflation rate is expected to be 2.0% in June, compared with 1.9% in May, according to a flash estimate published by the Statistical Office of the European Union (Eurostat) on Tuesday 1 July. It was highest in Estonia (5.2%), Slovakia (4.6%) and Croatia (4.4%), while it was lowest in Cyprus (0.5%), France (0.8%) and Ireland (1.6%). Price increases were moderate in Italy (1.7%) and Germany (2.0%), and slightly more sustained in Spain...

Contents

BEACONS
Beacons: Greenland and Denmark take an unlooked-for hotseat
DANISH PRESIDENCY OF THE COUNCIL OF THE EUROPEAN UNION
FOREIGN AFFAIRS: Danish Presidency of EU Council intends to keep Ukraine at top of European agenda
ENERGY: REPowerEU - Danish Presidency of EU Council will try to reach a ‘general approach’ on 20 October
DIGITAL: Danish Presidency of EU Council intends to strengthen Europe’s strategic autonomy and competitiveness in AI and cloud
AGRICULTURE: CAP reform and its 2028-2034 budget among priorities of Danish Presidency of EU Council
FISHERIES: Danish Presidency of EU Council wishes to continue evaluating CFP
FINANCE: Danish Presidency of EU Council will give priority to work on Savings and Investment Union
SOCIAL/EMPLOYMENT: fair mobility, competitiveness and social dialogue at heart of Denmark’s priorities
SECTORAL POLICIES
CLIMATE: 2040 target - on eve of European Commission proposal, uncertainties remain over EU’s commitment at COP30
CIVIL PROTECTION: strengthening RescEU, flexibility for cross-border traffic... European Commission preparing ‘EU Stockpiling Strategy’
COHESION: 149 European regions concerned about 2028-2034 cohesion policy allocations
REGIONS: reunification of Cyprus - European Commission makes positive assessment of 2024 EU aid
DIGITAL: under pressure from US, European Commission continues to deny any relaxation of DMA and DSA
JUSTICE: European Commission’s 2025 ‘Scoreboard’ - independence, efficiency and digitalisation of Europe’s judicial systems improving
EXTERNAL ACTION
MIDDLE EAST: G7 foreign ministers call for resumption of Iran nuclear talks
WESTERN BALKANS: EU growth plan - Bosnia-Herzegovina finally submits its reform agenda, while Kosovo remains politically deadlocked
ACP: EU and ACP countries call for renewed global framework for financing sustainable development
UNITED STATES: Maroš Šefčovič in Washington on Thursday 3 July to negotiate a “framework agreement” with US administration
TRADE: European Commission announces €30 million in guarantees to support Finnish SMEs exporting to Ukraine
SOCIAL AFFAIRS - EMPLOYMENT
SOCIAL: social security - European Parliament regrets decision by Polish Presidency of EU Council to “block” agreement
EMPLOYMENT: heatwaves and work - European trade unions renew call for European directive on maximum working temperatures
ECONOMY - FINANCE - BUSINESS
MONEY LAUNDERING: Maria Luís Albuquerque does her best at European Parliament to defend European Commission’s list of high-risk EU countries
ECB: European Central Bank updates its monetary policy strategy based on a symmetric 2% inflation target over medium term
TAXATION: Spain and Brazil present initiative to promote more effective global taxation of large estates
FINANCE/CLIMATE: integration of sustainability risks into SFDR regulation needs improvement, says ESMA
INSTITUTIONAL
BUDGET: France and Germany launch joint seminar on post-2027 multiannual financial framework
BUDGET: Europe’s cultural sector calls on EU to boost funding for culture in next long-term EU budget
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
HOUSING: EPP Group in European Parliament suggests urgent action at EU level to tackle housing crisis
NEWS BRIEFS
MONEY LAUNDERING: Authority for Anti‑Money Laundering and Countering Financing of Terrorism officially begins operations
ECONOMY: euro area inflation estimated at 2.0% in June
ENLARGEMENT: opening of first chapters of EU accession negotiations - European Commission is against decoupling of Ukraine and Moldova
ENVIRONMENT: European executive agency CINEA prepares EU for introduction of ‘nature credits’
RULE OF LAW: Danish Presidency of EU Council plans a hearing regarding Hungary on 21 October
TURKEY: second high-level dialogue on trade between EU and Ankara