ECB stresses flexibility in rate cuts amid inflation concerns
European Central Bank (ECB) officials emphasised the need for flexibility in determining the pace of interest-rate…
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eurozone economy
ECB’s Rehn sees growing likelihood of rate cut this month amid eased inflation
Easing inflation pressures and a deteriorating eurozone economy are bolstering arguments for an interest rate cut…
Eurozone business activity contracts in Sept – PMI
The eurozone’s private sector experienced a decline in business activity during September, according to the latest…
Europe stocks join global selloff after Asian ‘panic selling’
European stocks plummeted to their lowest levels in nearly six months, joining a global selloff this morning, as…
IMF raises eurozone growth forecast despite sluggish Germany
The International Monetary Fund (IMF) has delivered a cautiously optimistic outlook for the eurozone in its July…
Eurozone bank lending stagnated in February – ECB data
Bank lending to companies and households in the euro zone remained stagnant last month, according to data released…
Eurozone manufacturing sector contracts in Q4 ’23, recession likely
A new survey showed that the Eurozone manufacturing sector remained stuck in contraction at the end of 2023, with…
ECB sees a jumbo rate hike to curb recession in tomorrow’s meeting
The European Central Bank (ECB) is expected to frontload a series of jumbo rate hikes and sacrifice growth in the…
Eurozone economy grew less than expected in the second quarter
The euro area economy grew slightly less than initially estimated in the second quarter as signs continue to emerge…
Eurozone economy is expected to fall back into contraction during Q2
The Eurozone is expected to fall back into contraction in the fourth quarter due to the new restrictions introduced…
