ECB cuts rates for sixth time since June
The EU economy grew by an estimated 0.4% quarter-on-quarter in the final three months of last year, according to new data, while unemployment fell, in signs of an improving economic outlook for the bloc.
EU annual inflation was 2.8% in January 2025, up from 2.7% in December 2024. A year earlier, the rate was 3.1%. The lowest annual rates were registered in Denmark (1.4%), Ireland, Italy and ...
(CN) — Annual inflation in the eurozone and European Union is drifting away from a 2% goal established by the European Central Bank in 2024. According to a report released Monday by Eurostat, the annual inflation rate climbed to 2.5% in the eurozone in January and 2.8% in the broader European Union.
President Donald Trump said he has decided to hit the European Union with 25% tariffs, saying EU was formed "to screw the United States." “We have made a decision and we’ll be announcing it very soon,” Trump said during a Cabinet meeting Wednesday.
Former Hungarian finance minister Mihaly Varga took over as central bank governor on Tuesday, pledging an independent policy course amid a strong rebound in inflation and growing threats to economic growth.
DAX eyes ECB rate decision as inflation concerns persist. Market sentiment shifts with US tariff risks and Fed rate cut expectations.
with core inflation for services and non-energy goods unchanged at 4.1% and 0.7% respectively. EU services inflation remains persistently... Commodities Week Ahead: Oil, Metals Hedge For U.S. Fed ...
Bulgaria will ask the European Commission and the European Central Bank for an assessment on whether the Balkan country meets all criteria to join the euro zone in January next year, its finance minister said on Monday.
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