European Union — European Central Bank & Canada

European Union — European Central Bank: The European Union — European Central Bank is hosting the conference where the study on immigration's economic benefits will be presented, highlighting its role in economic discourse.

Canada: Canada's experience with a large foreign-born population is cited as evidence that benefits from immigration do not fade with increased inflows, suggesting room for more workers.

European Union — European Central Bank: The European Union — European Central Bank (ECB) welcomed the US-Iran ceasefire, with President Christine Lagarde noting its potential to reopen the Strait of Hormuz. However, policymaker Joachim Nagel cautioned that it would not bring immediate relief to high euro zone inflation, influencing market expectations for future rate hikes.

Canada: Canada, as a G7 member, welcomed the agreement and expressed readiness to contribute to securing shipping in the Strait of Hormuz.

European Union — European Central Bank: The European Union — European Central Bank raised interest rates in response to inflation fueled by the Iran war, becoming the first major central bank to do so, aiming to dampen consumer price inflation.

Canada: Canada>>> is a member of the G7>>> club, participating in discussions on global economic stability.

European Union — European Central Bank: The European Union — European Central Bank is concerned that the reparations loan plan could undermine confidence in the euro single currency.

European Union — European Central Bank: Giesecke+Devrient is the first-ranked contractor in the European Union — European Central Bank's framework agreement for offline payments for the planned digital euro.