ECB digital currency aims to counter potential threats from China, US
European officials have for several years been debating the need to be more autonomous and less reliant on other parts of the world, but talks intensified in the wake of…
Europe is looking to tackle sky-high debt loads after signs it will dodge a recession
The euro zone is now expected to have reached a GDP (gross domestic product) rate of 3.5% in 2022, rather than the 3.2% estimated in November. Justhavealook | E+ |…
Euro zone GDP Q4 2022
The latest euro zone growth numbers are out as the ECB considers what to do next. Nurphoto | Nurphoto | Getty Images The euro zone beat expectations on Tuesday by…
ECB Member Mario Centeno says more rate hikes to come
Mario Centeno, governor of Banco de Portugal. Bloomberg | Bloomberg | Getty Images DAVOS, Switzerland — There will be “at least” a few more rate hikes in the next couple…
Inflation euro zone December 2022 drops as energy costs ease
Inflation in Europe has been impacted by higher energy prices and supply shortages. Analysts question how far central banks will go to bring inflation under control. Bloomberg | Bloomberg |…
Croatia Switches To Euro, Enters Europe’s Passport-Free Zone
It is now the 27th nation in the passport-free Schengen zone. Zagreb: Croatia on Sunday switched to the euro and entered Europe’s passport-free zone — two major milestones for the…
ECB to announce QT program details at December meeting
Christine Lagarde, president of the European Central Bank speaks at an event. The central bank is due to meet in mid-December for more monetary policy decisions. Bloomberg | Bloomberg |…
Euro zone inflation rate eases to 10% in November as energy prices slow
Markets track the latest inflation data out of the euro zone ahead of a new ECB meeting. Julien De Rosa | Afp | Getty Images Inflation in the euro zone…
fiscal rules to be updated and the markets will be watching
The euro zone is to discuss changing its fiscal rules – a task that could have market repercussions. Bloomberg | Bloomberg | Getty Images The euro zone will soon reveal…
Euro zone inflation hits 10.7% in October
Inflation in the euro zone remains extremely high. Protestors in Italy used empty shopping trolleys to demonstrate the cost-of-living crisis. Stefano Montesi – Corbis | Corbis News | Getty Images…