Europe’s economy stagnated late last year as its former growth engine, Germany, finished a second straight year of shrinking output ...
The ECB's deposit rate was cut to 2.75% from 3%, the lowest in nearly two years. It was the fifth cut by the ECB in its last six meetings, and came after the Federal Reserve on Wednesday stood pat on ...
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 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.
Following is the text of European Central Bank President Christine Lagarde's statement after the bank's policy meeting on Thursday: ...
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 unemployment rate for the EU as a whole was 5.9% in December 2024, up from 5.8% in November 2024 and down from 6.0% 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 ...
The euro zone economy stagnated last quarter as worried consumers zipped up their purses, adding to fears that a ...
Analysis and insights for driving a rapid transition to net-zero while building resilience to physical climate impacts ...