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Eurozone inflation accelerates

EU statistics office Eurostat said on Friday that inflation in the euro area jumped 8.6% in June on an annual basis as the cost-of-living crisis deepened. The rate was up from 8.1% recorded in May, and was higher than expected by economists.

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EU takes aim at Russian gold – Bloomberg

The country’s bullion may be included in the next round of sanctions, the report says The European Union is working on new sanctions to include Russian gold, people familiar with the matter told Bloomberg on Friday. According to the report, the EU is looking to limit Moscow’s revenue sources.

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NATO applicants respond to Turkey over extradition

Extradition process for foreign “terrorism” suspects can only proceed according to local laws, Finland and Sweden insist There will be no fast-tracked extraditions of “terrorism” suspects to Turkey, Finland and Sweden have signaled after the two Nordic nations reached a deal with Ankara to resolve their NATO bid deadlock. This week, Turkey and the two…

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