EU Adopts 21st Sanctions Package Against Russia: New Measures on Energy, Finance, and Crypto
The EU has adopted its 21st sanctions package against Russia, introducing new restrictions on energy, financial services, and crypto assets. Key measures include adjustments to the oil price cap, expanded listing of ports and refineries, a ban on Russian combatants' entry, and new crypto service bans targeting third-country platforms. The package also strengthens legal protection for EU operators against retaliatory lawsuits.
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Euro area annual inflation rises to 3.3% in August 2026
Eurostat's flash estimate puts euro area annual inflation at 3.3% in August 2026, up from 2.9% in July. Energy prices drove the acceleration, while core inflation remained subdued at 2.1% excluding energy and unprocessed food. The release reflects the EA21 composition following Bulgaria’s entry into the euro area in January 2026.
01 Sep 2026
Eurostat: Euro Area Construction Output Falls 1.3% in June 2026
Eurostat's first estimate shows seasonally adjusted production in construction fell by 1.3% in the euro area and 1.0% in the EU in June 2026, compared with May 2026. On an annual basis, euro area construction output declined by 0.7%, while EU output rose by 0.2%. Among Member States, Romania (+4.9%) and Sweden (+2.0%) recorded the strongest monthly gains, while Slovakia (-4.6%) and Hungary (-3.9%) saw the largest declines.
20 Aug 2026
Euro Area Annual Inflation Rises to 2.9% in July 2026
Eurostat reported that annual inflation in the euro area rose to 2.9% in July 2026, up from 2.8% in June, remaining above the ECB's 2% target. The increase was driven mainly by energy and services prices. For compliance officers, the data signal sustained inflationary pressures that may influence prudential provisioning and stress-testing assumptions.
19 Aug 2026