Research Detail
| 2024/07/09 / Ceska Sporitelna Research |
EU News Monthly July 2024 French President Emmanuel Macron decided to dissolve the National Assembly and call early elections. The left-wing alliance secured 188 seats in the National Assembly. French President Emmanuel Macron’s centrist alliance is in second place with 161 seats. Sir Keir Starmer is the UK's new prime minister, after his Labour Party swept to power in a landslide general election victory. On 1 July 2024, Hungary took over the presidency of the Council of the EU. In the first quarter of 2024, seasonally adjusted GDP increased by 0.3% in EU, compared with the previous quarter. In the fourth quarter of 2023, GDP had remained stable in the EU. The EU will impose a preliminary additional duty of up to 38.1% on imports of Chinese electric cars, on top of the standard 10%. Chinese automakers that are willing to cooperate with the EU executive will pay an additional 21% duty. |
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General information
| Author | Ceska Sporitelna Research |
| Date | 2024/07/09 |
| Language |  |
| Product name | EU News Monthly |
| Topic in focus | FX, Macro/ Fixed income |
| Economy in focus | Czech Republic |
| Currency in focus | Czech Koruna |
| Sector in focus | - |
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