Bloomberg Daybreak: Europe EditionBloomberg Daybreak: Europe Edition

A Warning To Europe & Regenerating A Paris Crack Den

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Your morning briefing, the business news you need in just 15 minutes. 

On today's podcast: 

(1) French President Emmanuel Macron warned that the European Union would face an “existential” threat of a Russian invasion unless Vladimir Putin’s forces are defeated in Ukraine. 

(2) The European Central Bank has succeeded in taming inflation without causing an economic downturn, according to Governing Council member Yannis Stournaras.

(3) Prime Minister Rishi Sunak ruled out a UK general election on May 2, signaling that a public vote would take place later this year instead.

(4) The UK government’s flagship “levelling up” pledge to revitalize disadvantaged regions has been beset by “astonishing delays” that have seen just 10% of the promised funding spent, a parliamentary committee has found.

(5) A Paris neighborhood notorious for its past as a den for crack cocaine dealers is getting a new lease of life thanks to the Olympics. But as the area changes and new people move in, can the city ensure that the residents who were there in the first place don't get kicked out? 

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