European Central bank cuts benchmark rate by a quarter percentage point to boost stagnant economy
The European Central Bank is cutting its key interest rate, a step to boost an economy that’s struggling to grow as consumers ...
EU vessel sanctions weigh on Russian grain exports, central bank says
The European Union's sanctions on vessels transporting Russian grain, along with Turkey's wheat import ban, impacted Russian ...
Diverging From the Fed, E.C.B. Cuts Interest Rates as Growth Stagnates
The European Central Bank’s reduction, the fifth consecutive cut since last summer, came a day after the U.S. Federal Reserve ...
ECB cuts interest rates and keeps more easing on table
The European Central Bank cut interest rates as expected on Thursday and kept more easing on the table, sticking to its view ...
European Central Bank cuts rates for the fifth time as Germany and France teeter on the brink of recession
ECB chief Christine Lagarde (pictured) said the single currency bloc was 'set to remain weak in the near term' as the rate ...
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ECB President Lagarde Dismisses Bitcoin as Reserve Asset for Member States
Despite Bitcoin’s growing adoption, ECB President Christine Lagarde signaled Thursday that member states are unlikely to ...
European Stocks Rise as ECB Cuts as Expected; Shell, Nokia Gain
European stocks rose on the back of strong earnings and as a decision from the European Central Bank to cut interest rates came as expected.
Europe’s economy showed zero growth at end of 2024 as Germany, eurozone’s biggest economy, struggled
Europe’s economy stagnated late last year as its former growth engine, Germany, finished a second straight year of shrinking ...
ECB’s Lagarde Says Bulgaria Convergence Process Is Well Advanced
European Central Bank President Christine Lagarde said Bulgaria is “well advanced” in the process of meeting the criteria for ...
Major Brexit victory as EU economy stagnates while UK market hits record high
Britain's benchmark index touched a record high today as reports show the eurozone economy grounded to a firm halt at the end ...
Can Europe’s economy bounce back with rate cuts and deregulation?
Europe’s economy is struggling. Growth has slowed, businesses are weighed down by regulations, and inflation remains ...
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Denmark's central bank cuts key interest rate by 25 basis points
Denmark's central bank cut its key interest rate by 25 basis points to 2.35% today, following the European Central Bank's decision earlier in the day to cut euro zone rates.