|

EU news monthly: October

ANO party has won parliamentary elections in the Czech Republic. ANO received just under 35% of the vote, earning them 80 seats.

French President Emmanuel Macron has named Minister of Defence Sébastien LeCornu as France’s new prime minister. Howeever France's Prime Minister Sébastien Lecornu has resigned, less than a day after his cabinet was unveiled.

EU annual inflation was 2.4% in August 2025, stable compared to July. A year earlier, the rate was 2.4%.

In the second quarter of 2025, 54.0% of net electricity generated in the EU came from renewable energy sources, an increase from the 52.7% registered in the same quarter of 2024.

The share of full electric cars in 2024 was 16% for EU car imports and 12% for exports (1% and 0.8% in 2017). Plug-in hybrid cars represented 6% of car imports last year and 5% of car exports (0.6% and 1% in 2017), and the share of non-plug-in hybrid cars was 21% for imports and 11% for exports (6% and 0.4% in 2017).  

Download The Full EU News Monthly

Author

Erste Bank Research Team

At Erste Group we greatly value transparency. Our Investor Relations team strives to provide comprehensive information with frequent updates to ensure that the details on these pages are always current.

More from Erste Bank Research Team
Share:

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

By subscribing you agree to our Terms and conditions.

Editor's Picks

EUR/USD moves sideways below 1.1800 on Christmas Eve

EUR/USD struggles to find direction and trades in a narrow channel below 1.1800 after posting gains for two consecutive days. Bond and stock markets in the US will open at the usual time and close early on Christmas Eve, allowing the trading action to remain subdued. 

GBP/USD keeps range around 1.3500 amid quiet markets

GBP/USD keeps its range trade intact at around 1.3500 on Wednesday. The Pound Sterling holds the upper hand over the US Dollar amid pre-Christmas light trading as traders move to the sidelines heading into the holiday season. 

Gold retreats from record highs, trades below $4,500

Gold retreats after setting a new record-high above $4,520 earlier in the day and trades in a tight range below $4,500 as trading volumes thin out ahead of the Christmas break. The US Dollar selling bias remains unabated on the back of dovish Fed expectations, which continues to act as a tailwind for the bullion amid persistent geopolitical risks.

Bitcoin slips below $87,000 as ETF outflows intensify, whale participation declines

Bitcoin price continues to trade around $86,770 on Wednesday, after failing to break above the $90,000 resistance. US-listed spot ETFs record an outflow of $188.64 million on Tuesday, marking the fourth consecutive day of withdrawals.

Economic outlook 2026-2027 in advanced countries: Solidity test

After a year marked by global economic resilience and ending on a note of optimism, 2026 looks promising and could be a year of solid economic performance. In our baseline scenario, we expect most of the supportive factors at work in 2025 to continue to play a role in 2026.

Avalanche struggles near $12 as Grayscale files updated form for ETF

Avalanche trades close to $12 by press time on Wednesday, extending the nearly 2% drop from the previous day. Grayscale filed an updated form to convert its Avalanche-focused Trust into an ETF with the US Securities and Exchange Commission.