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President Emmanuel Macron plans to nominate his former chief of staff, Emmanuel Moulin, as France's next central bank ​governor, the Elysee said on Tuesday, seizing an early vacancy to install a trusted ally ‌ahead of a 2027 election the far right could win.

Europe's AI regulations should be reduced and simplified, chief executives of seven of ​Europe's top technology firms including Christophe Fouquet ‌of the biggest, computer chip equipment maker ASML , said in an opinion piece published on Tuesday.

The European Union needs its banks to be bigger if they are to compete with their counterparts in the United States and ​China, the chairman of the euro zone's finance ministers' group said ‌on Tuesday.

European stocks are expected to open lower on Tuesday as investors digest the latest developments in the Iran war.

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