Bloomberg Business

What to Watch With EU Finance Chiefs Set to Lock Horns on Fiscal Rules

European Union finance ministers meeting outside Stockholm this week are expected to lock horns over proposals to reform the bloc’s spending rules that are pitting fiscally hawkish Germany against more highly indebted member states as they seek an agreement this year.

Lira and Not Erdogan May Win Argument Over Rate Cut

Turkey’s central bank will likely heed the market at its last policy-setting meeting before pivotal elections next month, even if it means going against the wishes of President Recep Tayyip Erdogan for ever-lower interest rates.

Microsoft Warns Over Cloud as EU-US Data Pact Awaits Sign Off

Microsoft Corp. warned that its cloud services could be a victim of the legal vacuum over transatlantic data transfers that’s already prompted Facebook owner Meta Platforms Inc. to threaten to pull out of the European Union.

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