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Energy Crisis Set to Keep Food Inflation Elevated, UN Warns
Rising energy and fertiliser costs linked to ongoing conflicts and global supply disruptions are expected to continue fuelling food inflation, threatening efforts to make healthy diets affordable worldwide, according to…
ECB holds rates as brighter growth outlook points to prolonged pause
The European Central Bank kept its key interest rate unchanged at 2 percent on Thursday, as updated staff projections pointed to a…
Eurozone economy grows faster than expectations
Euro zone employment grew slightly more than expected last quarter, and the economy expanded at a solid pace, offering hope for a…
‘Plausible’ June rate cut as European equities hit record highs
According to Euronews, the latest minutes from the European Central Bank meeting indicated a rising chance for easing monetary policy in June.…
Economic activity in EU to regain pace through 2024 – report
Economic activity in the European Union is anticipated to gradually pick up throughout 2024 after a weak start to the year, according…
Euro zone banks expect rebound in mortgage applications – ECB
Euro zone banks expect a small rebound in the demand for mortgages and loans to companies early this year as a slump…
Eurozone economy to contract or stagnate in Q4, ECB’s De Guindos says
The euro zone's economy is likely to contract slightly or at best stagnate in the fourth quarter, ECB's vice president Luis de…
As global debt worries mount, is another crisis brewing?
Record debts, high interest rates, the costs of climate change, health and pension spending as populations age and fractious politics are stoking…
IMF says global economy ‘limping along,’ cuts growth forecast for euro area
The International Monetary Fund on Tuesday cut its growth forecasts for China and the euro area and said overall global growth remained…
Euro zone underlying inflation finally easing: ECB’s de Guindos
Underlying price pressures in the euro zone, a key focus for European Central Bank policymakers, are finally easing and past rate hikes…