Topic: #eurozone
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ECB survey finds 72% of euro area firms plan to fund AI from their own cash
An ECB survey released October 2 found 72% of euro area firms planning AI investments intend to self-fund them, while bank loans, grants and leasing together cover only about 16%, Crypto Briefing reported.
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France faces €10B annual debt cost surge as rates climb to 2008 peak
Prime Minister Sébastien Lecornu warned that rising interest rates will add €10 billion annually to France's debt servicing costs, straining public finances and forcing the government to freeze non-defense spending to manage fiscal pressure.
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ECB wage tracker shows 2.6% growth in H2 2026, complicating rate cuts
The ECB's wage tracker projects negotiated pay growth of 2.6% year-on-year in the second half of 2026, an acceleration driven by fading one-off payments. The faster wage growth could prolong eurozone disinflation and pressure the central bank to delay rate cuts.