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 ...
Lagarde's statement after ECB policy meeting
The Governing Council today decided to lower the three key ECB interest rates by 25 basis points. In particular, the decision to lower the deposit facility rate – the rate through which we steer the ...
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 output ...
Eurozone Economy Stagnates as It Braces for Fresh Blow From Trump Tariffs -- 5th Update
However, higher U.S. tariffs would likely slow that rebound, if not stall it completely. Economists at Berenberg Bank estimate that a 10% tariff on all U.S. imports from the eurozone would reduce the ...
Euro Zone Economy Stagnated Last Quarter, Foreshadowing Weak 2025
FRANKFURT (Reuters) - The euro zone economy stagnated last quarter as worried consumers zipped up their purses, adding to fears that a long-predicted recovery could be further delayed, Eurostat data ...
Eurozone Economy Stagnates as It Braces for Fresh Blow From Trump Tariffs
The economy returned to stagnation as 2024 drew to a close, a blow to its hopes for a recovery as it braces for the ...
Euro zone economy flatlines in fourth quarter, missing expectations for slight expansion
Economists polled by Reuters had expected growth of 0.1% over the period, following a larger-than-expected 0.4% expansion in ...
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Eurozone Economy Stalls in Q4 as Germany and France Contract, Pressuring ECB on Rate Cuts
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 ...