Europe's economy stagnated with zero growth in last quarter of 2024 as eurozone's biggest economy Germany struggled.
The economy returned to stagnation as 2024 drew to a close, a blow to its hopes for a recovery as it braces for the ...
The European Central Bank’s reduction, the fifth consecutive cut since last summer, came a day after the U.S. Federal Reserve held interest rates.
The ECB's deposit rate was cut to 2.75% from 3%, the lowest in nearly two years. The ECB said the disinflation process is well on track and is set to return to its 2% medium-term target this year.
LONDON (Reuters) - Euro zone government bond yields and the euro held steady on Thursday after the European Central Bank cut interest rates by 25 basis points to 2.75%, as expected, while keeping the ...
Europe's economy has stagnated at the end of last year as former growth engine Germany floundered to the end of a second ...
The euro area economic growth ground to a halt in the fourth quarter as output shrunk in Germany and France and remained flat in ...
However, higher U.S. tariffs would likely slow that rebound, if not stall it completely. Economists at Berenberg Bank estimate that a 10% tariff on all U.S. imports from the eurozone would reduce the ...
Annual inflation, harmonized to EU standards, stood at 2.9% in January, rising one decimal point from a month earlier, Spain's statistics agency said Thursday. Economists polled by The Wall Street ...
While geopolitical tensions, instability in the Middle East and political turmoil in Europe make for an uncertain environment, analysts don’t foresee a US recession at the hands of incoming president ...
Currently, only December inflation data for the 20 countries of the euro area is available. The eurozone experienced 2.4% inflation in 2024, exceeding its desired level, as the eurozone aims to keep ...