Category : Eurozone
Eurozone inflation eases but ECB likely to keeping interest rates on hold
Consumer prices slip to 2.5% but core rate stays stubbornly high prompting little belief in further cuts in borrowing costs Inflation across the eurozone slowed...
EU hatches backup plan to lessen impact of 10% Brexit tariff on EVs
Exclusive: ‘Cushion’ for carmakers facing looming tariff under deal for vehicles traded between EU and UK from start of 2024 The European Commission has hatched...
Concerns over Europe economy as poll finds almost 23% of Spaniards have anxiety over cost of living – Europe live
Respondents to survey for newspaper El País and radio network SER also saw inflation as a bigger global threat than war, energy instability, terrorism and...
European economy expected to grow faster than forecast, says EU
Revised outlook for 2023 and 2024 puts average growth for 27-member bloc at 1% Eurozone growth and inflation forecasts lifted – business live Europe’s economy...
Eurozone inflation falls sharply as energy prices drop
Annual rate down to 6.9% this month, with signs of cost of living pressures easing The eurozone’s annual inflation rate fell sharply in March as...
ECB raises eurozone interest rate despite banking sector fears
Concerns half-point could set off domino-effect across financial industry knocked by Credit Suisse crisis The European Central Bank has raised interest rates across the eurozone...
ECB looking out for price gouging as fears grow over ‘greedflation’
Concerns that a big driver of price rises may be firms using inflation as excuse to increase profit margins Fears that Europe’s companies are exploiting...