Europe’s economy stagnated late last year as its former growth engine, Germany, finished a second straight year of shrinking output ...
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 ...
Policymakers at the European Central Bank and in European capitals had hoped that cooling inflation rates and a rapid rise in wages would spur a strong enough rise in consumer spending to drive a ...
The eurozone economy failed to grow in the fourth quarter of 2024, marking a sharp slowdown from the previous quarter and missing expectations for modest expansion. Flash figures released by Eurostat ...
The European Central Bank (ECB) has lowered its benchmark rate by 25 basis points (bps) to 2.75%. The Bank issued a statement explaining that the “disinflation process is well on track” as price ...
The euro area economic growth ground to a halt in the fourth quarter as output shrunk in Germany and France and remained flat in ...
Eurozone GDP stagnated in Q4 2024 as Germany (-0.2%) and France (-0.1%) contracted, reinforcing expectations of more ECB rate ...
Economists polled by Reuters had expected growth of 0.1% over the period, following a larger-than-expected 0.4% expansion in ...
Analysis and insights for driving a rapid transition to net-zero while building resilience to physical climate impacts ...
Producer prices data from Germany is due on Monday, headlining a light day for the European economic news. At 2.00 am ET, Destatis ...