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 European stock markets closed higher in Thursday trading as The Stoxx Europe 600 rose 0.90%, Germany's DAX gained 0.41%, the FTSE 100 in London increased 1.04%, France's CAC 40 was up 0.88%, and ...
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.
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 ...