Hungary's finance minister said the biggest challenge to meeting Euro area entry criteria is returning the fiscal deficit and government debt to a sustainable trajectory.

Swedish National Institute of Economic Research: June overall sentiment index 101.7; consumer confidence index 93.6.

French Finance Minister Lescure, after criticism from the national audit office over an undecided budget plan, reiterated his commitment to cutting the deficit and said he hopes to preserve this year’s 5% target, while acknowledging limited room for manoeuvre and warning that unchecked social-spending growth would complicate efforts. The government remains committed to narrowing the deficit to 3% of GDP by 2029 but has not set intermediate-year targets or detailed the spending cuts needed. Lescure will meet finance officials and other ministers on Tuesday to reassess the 2026 budget after the Iran war weighed on growth and pushed up inflation; he said even a modest deficit reduction will require further spending savings.