The European Central Bank’s fight against inflation might require another increase in interest rates, according to Executive Board member Isabel Schnabel.Source: Bloomberg
Eurozone inflation fell to 2.9 per cent in October, its lowest for more than two years, bolstering expectations that the European Central Bank will not raise interest rates further.Source: Financial...
The EU’s stores of natural gas are nearing full capacity, leading the bloc’s energy companies to park excess reserves in Ukraine ahead of the peak demand of the winter months.Source: Financial Times
German inflation slowed markedly — and more than expected — in October as Europe’s biggest economy struggles to grow.At 3%, price pressures are the weakest since June 2021, the statistics office said...
The Bank of England is likely to hold rates unchanged at their highest levels since before the financial crisis this week, signalling the battle against stubborn inflation is far from over despite...
The European Central Bank has held interest rates, bringing an end to its unprecedented streak of 10 consecutive increases in borrowing costs amid rising concerns over eurozone growth.Source: ...
European Union leaders meet on Thursday to grapple with the conflict between Israel and Hamas while also aiming to show continuing support for Ukraine in its war against Russia's invasion.Source:...
The outlook for the eurozone economy has worsened after business activity retreated more than expected this month, according to a closely watched survey of companies.Source: Financial Times
Switzerland looked set to shift to the right in national elections on Sunday, as concerns about immigration trumped fears about climate change and melting glaciers, though the vote is unlikely to...
Brussels is weighing whether to prolong an emergency gas price cap introduced in February amid fears that the conflict in the Middle East and sabotage of a Baltic pipeline could push up prices again...