Eurozone set for ‘the most widely predicted recession ever’
The Eurozone is set for economic downturn, with leading economists telling Brussels Signal “sticky inflation” will hold growth to below 1 per cent through the…
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IMF warns Europe: rising wages are bad for you
Rising wages may still push prices upwards, meaning Europe faces a "difficult task" in aiming at both price stability and growth, says the IMF.
Euro zone recession fears harden as surveys show grim start to Q4
The downturn in eurozone business activity accelerated last month as demand in the dominant services industry weakened further, a survey showed on Monday, suggesting…
ECB moves ahead with digital euro project
The European Central Bank (ECB) is starting preparations for developing a digital euro that would be available free of charge to everyone in the Eurozone for any…
Polish currency at risk from proposed EU treaty changes, says central bank chief
Proposed Treaty change “would mean the liquidation of the zloty, the end of our national currency, the end of our independence and the end of our own monetary…
Portugal joining the euro was a mistake, MEP says
Portugal's decision to adopt the euro was the "wrong step", a left-wing MEP has said.
Eurozone core inflation hits 1-year low, backing ECB pause
Euro-area core inflation eased to its slowest pace in a year, supporting expectations that the European Central Bank will keep interest rates on hold to gauge the…
ECB hikes interest rates in 10th salvo to quash inflation
The European Central Bank raised interest rates again, acting for the 10th consecutive time to choke inflation out of the euro zone’s increasingly feeble economy.
Bulgarian parties face potential Euro referendum
Bulgaria's main political parties are due to discuss a possible referendum on its use of the Euro currency this week.
Eurozone enters recession
The Eurozone is officially in recession, according to data released by Eurostat on June 8, after the 20-nation bloc suffered two consecutive quarters of economic…
EU economy dragged down by recession in Germany
The European Union’s biggest economy is in trouble, as new figures reveal Germany has officially entered a period of recession that puts the country in “the…