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Economy
Germany’s economic sentiment hits 2-year high, EU exports to US soar
Germany’s economic sentiment hit a 2-year high, but the eurozone’s trade surplus fell sharply. EU exports to the US surged as firms frontloaded shipments ahead of potential Trump tariffs, while the trade deficit with China widened sharply.
Art
Tate museums to cut 7% of workforce amid financial challenges
Tate has announced that it is cutting 7% of its workforce, as the British arts institution grapples with a post-pandemic financial deficit. The move echoes major budget cuts for many cultural institutions globally, including major European museums.
Economy
Austrian far-right party and conservatives reach budget agreement
Austrian far-right leader Herbert Kickl and his prospective coalition partners said on Monday that they have reached an agreement to bring down the budget deficit, an important first step toward what would be the country's first post-World War II government led by the far-right.