Living standards for minimum wage workers vary significantly across Europe. As of January 2025, the monthly gross minimum ...
Europe’s economy stagnated late last year as its former growth engine, Germany, finished a second straight year of shrinking ...
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 Governing Council today decided to lower the three key ECB interest rates by 25 basis points. In particular, the decision to lower the deposit facility rate – the rate through which we steer the ...
The European Central Bank is cutting its key interest rate, a step to boost an economy that’s struggling to grow as consumers ...
The decision to cut rates by 25 basis points was widely expected by investors, and means the benchmark interest rate stands ...
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 ...
FRANKFURT (Reuters) - The euro zone economy stagnated last quarter as worried consumers zipped up their purses, adding to fears that a long-predicted recovery could be further delayed, Eurostat data ...
The annual inflation rate in the eurozone was 2.4 percent in 2024, according to Eurostat, the statistical office of the European Union. ROME, Jan. 17 (Xinhua) -- Italy's consumer price index rose by ...