European Central bank cuts benchmark rate by a quarter percentage point to boost stagnant economy
The European Central Bank is cutting its key interest rate, a step to boost an economy that’s struggling to grow as consumers ...
EU vessel sanctions weigh on Russian grain exports, central bank says
The European Union's sanctions on vessels transporting Russian grain, along with Turkey's wheat import ban, impacted Russian ...
Europe ‘Must Fix’ Weaknesses to Compete Globally, European Commission President Says
EU nations must work together quickly to help the bloc compete against global economic powerhouses like China and the U.S., ...
European banks may find it tough to repeat strong end-of-year performance
European banks are expected to report a sharp rise in profits for the final three months of last year, helped by still-robust ...
European shares hit record high as ASML lifts tech stocks
By Nikhil Sharma (Reuters) -European shares hit a record high on Wednesday, as chip equipment maker ASML led technology ...
Tech reboot lifts European stocks to record high ahead of Fed meeting
World markets were suddenly looking calmer on Wednesday as the week’s rollercoaster ride for stock markets morphed into ...
How the EU aims to keep up with the world's top economies
Brussels has called on EU member states to help revive the bloc's sluggish economies. It laid out a Competitiveness Compass ...
European Central Bank to cut rates again with Trump threat and U.S. divergence in focus
The Fed will likely be on a more hawkish path, so significant divergence from the ECB could risk flight of capital towards ...
Europe’s economy showed zero growth at end of 2024 as Germany, eurozone’s biggest economy, struggled
Europe’s economy stagnated late last year as its former growth engine, Germany, finished a second straight year of shrinking ...
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Von der Leyen builds bonfire of EU’s environmental red tape
Brussels hopes simplifying green compliance rules will boost Europe’s flagging economy. Green groups fear something more ...
The markets: Central bank rate decisions, tech earnings, and key economic data
Global markets will focus on central bank rate decisions and earnings from US tech giants, alongside major European corporate ...
Monetary Policy Radar preview: European Central Bank’s January meeting
January’s PMI data also showed that input prices were close to two-year highs and underpin a lingering caution among policymakers, who stated at December’s policy meeting that “the governing council ...