European Union — European Central Bank & Austria

European Union — European Central Bank: The ECB is leading the digital euro pilot, selecting 36 PSPs to test the CBDC's functionality and operational processes.

Austria: Austria's central bank participates in the pilot.

European Union — European Central Bank: The European Union — European Central Bank researched the economic impact of heatwaves, finding that summer heatwaves reduce regional economic activity and can contribute to higher food prices and inflation.

Austria: Austria is projected to experience temperatures up to 40C due to the heatwave.

European Union — European Central Bank: The European Union — European Central Bank is expected to implement a rate hike this month due to rising euro zone core inflation.

Austria: An Austrian court convicted a man for planning an attack on a Taylor Swift concert, highlighting security concerns.