The European Central Bank is priming another hefty hike in interest rates this week as the attention increasingly switches to how high it will eventually push.Source: Bloomberg
The European Central Bank will act much more forcefully than previously anticipated to rein in record inflation, even as the euro zone succumbs to a recession, according to a survey of economists....
21/10/2022
Spain has put itself on a potential collision course with the European Central Bank by proposing a tax on banks that executives say clashes with European rules and threatens to weaken the sector....
20/10/2022
The European Commission has unveiled a fresh package of emergency measures to curb energy prices, warning of more “exceptional” support to come as the bloc prepares for a “precarious” supply...
19/10/2022
The European Union is unveiling a new emergency package to tackle the energy crunch, betting on steps to bolster solidarity among member states. But the bloc will refrain from immediate gas-price...
18/10/2022
Britain's new finance minister Jeremy Hunt said on Saturday that some taxes will have to go up, signalling another abrupt policy U-turn by Prime Minister Liz Truss who is battling to save her...
17/10/2022
Germany’s deputy chancellor has hit out at critics of the €200bn energy support package Berlin unveiled last month, denying it was “selfish” and insisting it will help protect the whole European...
14/10/2022
Goldman Sachs has warned that billions of pounds could be wiped off the value of UK commercial property because of the sharp rise in borrowing costs following the government’s “mini” Budget.Source: ...
13/10/2022
The Bank of England has signalled privately to lenders that it was prepared to extend its emergency bond-buying programme beyond Friday's deadline if market conditions demanded it, the Financial...
12/10/2022
The German government should pay all private households’ gas bills in December and subsidise residential and industrial gas prices for more than a year from early 2023, a commission of experts...
11/10/2022