Almost two years after its interest rate-raising cycle began, the European Central Bank made its first cut on Thursday. The quarter-point drop from 4 to 3.75 per cent, which president Christine...
The uptick in euro-zone inflation is increasingly drawing comparisons to the US — fueling concern that the European Central Bank could face similar impediments to lowering interest rates as the...
06/06/2024
Criminal gangs are exploiting loopholes in Italy's legal visa system for foreign workers to smuggle in illegal immigrants, a problem the anti-Mafia prosecutor should investigate, Prime Minister...
04/06/2024
Deutsche Bank (DBKGn.DE, opens new tab will work with Bitpanda to process customer deposits and withdrawals for the Austrian crypto exchange, the companies told Reuters. The crypto industry has ...
04/06/2024
Eurozone inflation rose for the first time this year, to 2.6 per cent, in a troubling sign for investors hoping that the ECB will cut interest rates aggressively this year.The increase in consumer...
03/06/2024
The EU is considering levying tariffs on up to €42bn of Russian imports that have been spared by the sanctions regime imposed by the bloc in response to Moscow’s full-scale invasion of Ukraine.EU...
31/05/2024
European Central Bank Governing Council member Klaas Knot said it would “soon” be time to ease monetary policy in the region, but cautioned that the process would need to be done slowly to keep...
30/05/2024
Germany and France have agreed to make rapid progress to deepen the European Union’s capital markets to boost investment in the bloc after years of discussions, French President Emmanuel Macron said....
29/05/2024
The European Central Bank has sent a clear signal that it will cut interest rates from their historic highs next week, as its chief economist brushed off fears that doing so before the US Federal...
28/05/2024
UK household energy bills are set to fall in the summer after energy regulator Ofgem said it would lower the price cap by 7 per cent following falling wholesale energy prices.Ofgem has set the cap...
27/05/2024