EU Strengthens Sudan Sanctions Regime by Targeting Gold Trade
The Council of the EU has adopted new measures targeting the gold trade as part of its sanctions regime against Sudan. This action aims to cut off a key revenue source for actors undermining peace and stability in the region.
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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