TL;DRThe Russian central bank has lowered its key interest rate to 14 percent to support the economy. At the same time, an increased inflation risk is anticipated.
TL;DRThe EU has adopted a new package of sanctions against Russia, including cryptocurrency platforms for the first time. The measures aim to prevent the circumvention of existing sanctions.
TL;DRPoland's main opposition party, Law and Justice (PiS), has experienced a significant split after more than 30 members of parliament left the party. This departure marks the largest internal fracture within the political group in over two decades ahead of the 2027 general election.
TL;DRThe German battery manufacturer Varta has filed for preliminary debtor-in-possession insolvency. This legal step allows the company to restructure its operations under court supervision while maintaining business operations.
TL;DRThe State Election Committee has approved 15 parties to run with state election lists in Saxony-Anhalt. The election is scheduled to take place in early September.