ECB rate hikes result in 7.9b-euro loss in 2024
The European Central bank on Thursday reported a record loss in 2024 after it had aggressively hiked eurozone interest rates in response to soaring inflation...
Tags : European Central Bank
German inflation rises above 2pc in Nov
German inflation rose slightly in November, climbing back above the European Central Bank鈥檚 two-per cent target, according to preliminary data released Thursday...
ECB warns of growing eurozone sovereign debt risks
The European Central Bank warned Wednesday that sovereign debt risks are growing in the eurozone at a time of heightened political uncertainty and muted economic performance...
German govt expects another recession in 2024: report
The German government has slashed its forecast and now expects Europe鈥檚 largest聽economy聽to shrink for a second year running as hopes for a consumption-driven recovery fizzle out, media reported Sunday...
European stocks, dollar recover from US jobs disappointment
European stock markets and the dollar recovered Monday after big pre-weekend falls caused by concerns about the health of the US economy, but Asian equities declined further...
German inflation falls below 2pc for first time since 2021
German inflation fell to its lowest level in more than three years in August, official data showed Thursday, strengthening the case for another interest rate cut by the European Central Bank next month...
German inflation rate unchanged
German inflation was unchanged in April, official data showed Monday, holding at a three-year low as hopes grow that the European Central Bank will soon start cutting interest rates...