Italy's Meloni urges NATO rethink on defence spending as Rome lifts outlays

Italy will ​ramp up its official defence budget this year, but NATO allies should rethink military priorities ‌as warfare is transformed by drones, satellites and data, Prime Minister Giorgia Meloni said on Thursday.

Reuters • 3 hours ago

ECB hikes interest rates for first time since 2023 as Iran war ramps-up energy costs

ECB hikes interest rates for first time since 2023 as Iran war ramps-up energy costs

CNBC • 8 hours ago

DAX, CAC 40, IBEX, and Stoxx 50 in focus ahead of the ECB interest rate decision

European stock index futures were relatively mixed today, June 11, as investors watched the developments in the Middle East and the impact on the energy market. They also wavered ahead of the European Central Bank (ECB) interest rate decision.

Invezz • 13 hours ago

ECB Raises Rates for First Time Since 2023

The European Central Bank raised interest rates for the first time in almost three years, concluding it can no longer ignore the upswing in inflation caused by the Iran war. The deposit rate was lifted to 2.25% from 2%.

Bloomberg Markets and Finance • 8 hours ago

The ECB became the first major central bank to raise rates to tackle a war-driven resurgence in inflation

The closure of the Strait of Hormuz and ensuing jump in energy prices has dramatically altered the paths for central banks around the world.

WSJ • 8 hours ago

Italy to assess best offer as it seeks Monte Paschi exit, economy minister says

Italy needs to cut its remaining stake ​in bailed-out Monte dei ‌Paschi di Siena (MPS) and will assess which party ​makes the best offer, ​Economy Minister Giancarlo Giorgetti ⁠said on Wednesday.

Reuters • Jun 10, 2026

Italy ETF (EWI) Hits a New 52-Week High

EWI hits a 52-week high as improving industrial data and Italy's recovery narrative gain traction.

Zacks Investment Research • Jun 10, 2026

Energy prices take center stage as the ECB prepares to decide on rates

The European Central Bank is expected to raise interest rates on Thursday, amid spiking energy prices. The euro zone is a major energy importer, making it particularly vulnerable to elevated oil prices.

CNBC • Jun 10, 2026

ECB to Keep Guard Up Despite Muted Signs of Inflation Spiral

Alongside an anticipated interest-rate hike on Thursday, the central bank is expected to raise its inflation forecast from March, which assumed a swift end to the war in Iran.

WSJ • Jun 10, 2026

ECB Rate Hike Looks Likely as Inflation Rises. The Fed Could Follow.

The European Central Bank is expected to raise interest rates for the first time since 2023 as inflation accelerates, a move that could offer clues about the Federal Reserve's next steps.

Barrons • 21 hours ago