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Europe Today
Poland in shock after Krakow attack, Ukraine peace talks in Abu Dhabi
Poland is in shock after this weekend's deadly shooting in Krakow's Main Market Square, which Polish PM Donald Tusk called an act of terrorism. The shooter died this morning. Also on the show: new Ukraine peace talks in Abu Dhabi, the race to succeed Lagarde and the COP31 climate summit.
Economy
Who will replace Lagarde? Eurozone nominations open for ECB top job
Eurozone countries have until Friday to put forward candidates to succeed Christine Lagarde as president of the European Central Bank, with finance ministers due to take stock of the nominations on 9 November, a Eurogroup spokesperson told Euronews.
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Business
‘I’m not a candidate for anything’: What Lagarde told Euronews before quitting the ECB
Christine Lagarde told Euronews in an exclusive interview in July that she was not a candidate for any political office. Her announcement that she will leave the European Central Bank early, in February 2027, comes just months before France’s presidential election.
Economy
ECB holds rates at 2.5% on the day Lagarde announces her early exit
The European Central Bank kept its deposit rate at 2.5% on Thursday, hours after President Christine Lagarde said she would leave next February, months before her term ends, as France's bond market turmoil and inflation at 3.8% cloud the outlook for the eurozone.
Economy
Could France's bond turmoil force the ECB's hand?
The European Central Bank is expected to hold rates next week as France's bond sell-off tightens borrowing conditions across the eurozone, while ECB President Christine Lagarde has made clear that the first steps to tackle French debt woes must come from Paris, not Frankfurt.
Business
UniCredit cleared by ECB to take control of Commerzbank
The European Central Bank has authorised UniCredit to exceed the 30% shareholding threshold in Commerzbank. The Italian lender expects to be able to take control of the German bank around the end of the year, subject to remaining regulatory steps and conditions.
Markets
Euro hits fresh lows against US dollar and British pound despite hikes
The euro slid this week to its weakest level against the US dollar since mid-May 2025 and the British pound since early June 2025, as an energy shock, France’s debt crisis and a resurgent US dollar outweigh two interest rate hikes by the European Central Bank.
Business
ECB calls for tougher EU crypto rules and curbs on dollar stablecoins
Europe's central banks want the EU's crypto rules tightened, calling for a wider ban on interest payments on stablecoins, new powers to curb tokens pegged to foreign currencies such as the US dollar, and EU-level supervision of crypto firms.
Markets
ECB launches 'Pontes' to settle tokenised assets in central bank money
The Eurosystem has launched Pontes, a system allowing banks to settle trades in tokenised assets using central bank money, and the ECB said it will invest some of its own funds in tokenised securities through it, the first concrete steps towards making the euro fit for the digital age.
Economy
EU fuel prices hit records: ECB experts say diesel margins yet to peak
EU petrol and diesel prices hit record highs this week, according to the European Commission. Refining margins—the cost of turning crude oil into fuel—are partly to blame, and prices could remain elevated as ECB experts tell Euronews that diesel margins are expected to peak only in October.
