Eurozone economy stalled in Q4 due to Franco-German drag
The stuttering economic performance, coupled with an outlook overshadowed by the risks of trade tension with the U.S. and China, mean that the European Central Bank is almost certain to cut its key interest rates again Thursday, bringing its key deposit rate down to 2.75 percent.
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 euro area economic growth ground to a halt in the fourth quarter as output shrunk in Germany and France and remained flat in ...
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.
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 ...
The bloc’s Gross Domestic Product ( GDP ) increased at an annual pace of 0.9% in Q4 versus 0.9% in Q3 and 1% expected. Separately, the Eurozone Unemployment Rate increased to 6.3% in December, ...
The report comes after the government said it was postponing the request a final report for Eurozone accession from EU ...
The head of the IMF, Kristalina Georgieva, was speaking at a panel in Davos alongside ECB President, Christine Lagarde. View ...
Japanese investors have been selling Eurozone government debt at the fastest pace in more than a decade, with analysts ...
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