ECB raises rates for first time since 2023
From June 17, the deposit facility rate rises to 2.25 per cent, the main refinancing rate to 2.40 per cent and the marginal lending rate to 2.65 per cent.
Hot Topic
eurozone
Popular articles tagged "eurozone"
Bulgaria faces EU deficit procedure months after joining euro
The country's deficit reached 3.5 per cent of gross domestic product (GDP) last year, above the 3 per cent ceiling set for euro members.
The impossible debt: Europe arrives at the long run Keynes brushed aside
The European Central Bank holds close to 40 per cent of some governments' debt.
EU’s Spring 2026 Economic Forecast sees growth down, inflation up
The Commission noted weaker private consumption and investment, compounded by persistent structural problems.
Eurozone business activity shrinks further in May
Business activity in the eurozone contracted further in May, weighed down by weak demand caused by the Middle East war, a key survey showed Thursday.
Going Greek style? A brief note on Poland’s shocking budget deficit
Poland is around the EU average in terms of public debt-to-GDP.
Polish finance minister says Poland ‘will not adopt euro’
Poland's finance minister said the country's economic boom that has seen Warsaw perform better than most Eurozone economies means there is no good reason for it…
The euro is a ‘decaying currency’, Orbán is smart to stay out
When Hungarian Prime Minister Viktor Orbán declared that Hungary should refuse the euro—because the European Union itself is "disintegrating"—he was being anything…
Renewed euro crisis? French debt at €3.3 trillion must be focusing minds in Frankfurt
Engineers know that system stability requires a capacity to manage unexpected accidents.
ECB President talks of ‘worrying risk’ if France ‘collapses’
European Central Bank (ECB) President Christine Lagarde has warned that the collapse of French Prime Minister François Bayrou’s government would pose a “worrying…
Cash use is still growing, says ECB, while pushing ‘digital euro’
The European Central Bank is preparing to launch a digital version of the euro, while reporting that demand for physical banknotes is still rising.
As Bulgaria enters the euro, Greece’s pricey tragedy calls for caution
Welcome, Bulgaria, to the eurozone’s arena.
Fiscal reversal: Italy can access cheaper loans than France
For the first time in two decades, Italy was now able to secure cheaper loans than France.
Three quarters of Poles do not want the euro, says new poll
A new survey showed that Poles were now more than ever opposed to replacing the national currency, the zloty, with the euro.
Eurozone sees business activity hit seven-month high
Eurozone business activity grew at its fastest pace in seven months in March, supported by an easing in the long-running manufacturing downturn despite slower growth…
Eurozone’s third-straight inflation rise ‘reveals faltering economy’
Eurozone inflation has hit 2.4 per cent on an annual basis in its third straight increase.
ECB’s Lagarde sees weak growth, dominated by downside risks
Eurozone economic growth could be weaker in the months ahead and the medium-term outlook is uncertain with downside risks dominating, European Central Bank President…
EU deindustrialisation continues, drives down economic outlook
The European Union has had its economic outlook downgraded for 2025 as problems related to the continent's deindustrialisation continue.
Eurozone factory activity sees fastest-ever decline in September
Manufacturing activity across the Eurozone declined at its fastest pace this year in September as demand waned sharply despite factories cutting their prices, a…
Eurozone business activity unexpectedly contracts in September
Eurozone business activity contracted sharply and unexpectedly this month as the bloc's dominant services industry flatlined while a downturn in manufacturing accelerated, a…
It is not Russia or greedy industry, it is the ECB that is driving inflation
With inflation stubbornly sitting above the target set by the European Central Bank (ECB), there seems to be no end in sight for the cost-of-living crisis.
Six EU nations ‘not yet ready for euro’
Bulgaria, Czechia, Hungary, Poland, Romania and Sweden are not ready to join the euro currency, despite legal commitments to do so, according to the European Commission's latest…
UK economic growth tops Eurozone’s
The UK economy has done better than the Eurozone’s, according to newly published economic data from the European Commission.
Europe’s debt is rising again as politics erodes budget resolve
Some of Europe’s most indebted governments are heading for a painful reckoning this year as their ambitions to cut down on borrowing collide with political reality.
No shift, Sherlock? Well, ECB hints of summer interest-rate cuts as Eastern Europe wields axe
It could be a sunnier summer for the Eurozone after the European Central Bank (ECB) hinted it might finally cut high interest rates that have enriched banks but…
Digital euro launch likely delayed as the hot money backs China
The digital euro's launch looks likely to be pushed back substantially from its 2027 goal.
EU economy to struggle this year while US and Asia grows: OECD
The European Union's economy is expected to struggle in 2024 as other global areas enjoy substantial growth, newly published research by the Organisation for Economic…
Eurozone economy flatlined in 2023 with little hope of new life this year
The Eurozone economy stagnated last year, underperforming the rest of the world as former powerhouse Germany struggled with an industrial malaise that has no end…
Is złoty doomed? Eurozone entry debate kicks off in Poland
Influential Polish daily Rzeczpospolita is leading the charge for the country’s entry into the Eurozone.
Eurozone most likely now in recession, data indicates
The Eurozone is now almost certainly in recession, data gathered by capital market group S&P Global appears to show.