European Central bank cuts benchmark rate by a quarter percentage point to boost stagnant economy
The European Central Bank cut its key interest rate on Thursday to boost an economy that’s struggling to grow as consumers ...
EU vessel sanctions weigh on Russian grain exports, central bank says
The European Union's sanctions on vessels transporting Russian grain, along with Turkey's wheat import ban, impacted Russian grain exports at the end of 2024, the country's central bank said on ...
After agreement on gas intake, Hungary signs off on EU renewal of sanctions on Russia
The European Union will moved forward with a renewal on Russian sanctions after a deal was struck with Hungary, according to ...
European Central Bank Cuts Interest Rates, Breaking With Federal Reserve
The European Central Bank cut its key interest rate by a quarter point, as it rushes to brace a stagnant economy against President Trump’s threatened tariffs. Read more: ...
Europe ‘Must Fix’ Weaknesses to Compete Globally, European Commission President Says
EU nations must work together quickly to help the bloc compete against global economic powerhouses like China and the U.S., ...
Europe’s economy showed zero growth at end of 2024 as eurozone’s biggest economy Germany struggled
Europe’s economy has stagnated at the end of last year as former growth engine Germany floundered to the end of a second ...
Monetary Policy Radar preview: European Central Bank’s January meeting
January’s PMI data also showed that input prices were close to two-year highs and underpin a lingering caution among policymakers, who stated at December’s policy meeting that “the governing council ...
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Europe’s welfare states are at risk. Trump could make the problem worse
Europe’s generous welfare states are coming under increasing strain as weak economic growth collides with rising demands on ...