European Union member states are in discussions to enhance financial market supervision by potentially expanding the role of the European Securities and Markets Authority (ESMA). This effort aims to improve regulatory consistency across the EU, a move supported by the European Commission. The Commission argues that a more centralized supervisory approach could streamline oversight, foster better regulatory coordination, and facilitate cross-border operations for financial...
Consumer inflation in September rose to 4.1% from 3.7% in August, reaching its highest level since January 2024. This surge was primarily fueled by escalating energy costs. Over the past year, energy product prices, including electricity, gas, and other fuels, increased by 15.3%.
Fuel prices saw significant hikes, with diesel prices jumping 22% year-on-year and petrol prices rising by 14%. Notably, within September, diesel prices...
