The Czech Republic at a crossroads

With parliamentary elections set for October, the political landscape is shifting toward a possible return to power of Andrej Babiš’s ANO (Action of Dissatisfied Citizens). Polls suggest ANO could secure a majority, forming a government that prioritizes growth over austerity—a clear departure from the fiscal discipline of the current SPOLU-led...

Car finance scandal: shares in UK lenders jump after supreme court ruling

Lloyds and Close Brothers surge after Friday’s court decision slashed the expected bill for compensation on mis-sold loans. Shares in UK lenders surged on Monday after a favourable supreme court ruling significantly slashed the anticipated bill for companies engulfed in the car finance scandal. The specialist lender Close Brothers, which...

Possible countries for Zelenskyy–Putin Peace talks

Despite its neutral status, Switzerland is a signatory to the Rome Statute that founded the court but Ignazio Cassis said that provided Putin was coming for peace purposes, the country could receive him. "This has to do with our diplomatic role, with international Geneva as (the European) headquarters of the...

Moscow signals ax Hikes as economy slows

Russia's financial regulator has published an order defining nine criteria by which banks may introduce a temporary limit on cash withdrawals from ATMs. The statement on the website of the Central Bank of Russia says that from 1 September 2025, banks that have issued a payment card to a client...

European markets await key signals from Powell

The majority of the main European stock markets slowly moved into positive territory after the opening bell. Investors remain cautious while watching for more news about the Ukraine peace talks and US monetary policy. Leading European stock markets reflected a cautiously positive sentiment on Friday as investors watched for progress...

Russia and the European elites

The Mechanics of Covert Influence Russia’s attempts to exert influence over the political and economic elites of the European Union have long ceased to be speculative—they are now an undeniable reality. What’s more, this influence has shown the capacity to shape strategic decisions within individual EU member states. Through a...