The Latest Breaking News from eurozone

The European Central Bank (ECB) will raise interest rates next month for the first time in 11 years in a bid to control soaring inflation, ending a stimulus scheme to support the economy during the Covid-19 pandemic.

The European Central Bank is setting the stage to raise interest rates in July, for the first time since 2011. Policymakers have been under growing pressure to tackle soaring inflation, which hit a record 8.1 percent in the eurozone in May. Frédérik Ducrozet, Head of Macroeconomic Research at Pictet Wealth…

The European Central Bank (ECB) has confirmed speculation that it will become the latest central bank to start raising headline interest rates to try to ward off inflation. The bank is to raise rates by 0.25 points to 0.25% for lending and -0.25% for deposits, with plans for another rise…

The European Central Bank is set to announce the end date to its bond-buying stimulus on Thursday, as concerns over the accelerating pace of inflation in the eurozone grip policymakers. The stop is a prelude to the ECB hiking rates for the first time in over a decade in the…

The global surge in inflation has brought to an end a long period of low interest rates and forced central banks around the world to try to bring prices under control by raising borrowing costs. Inflation in the eurozone soared to an all-time peak of 8.1 percent in May, precipitating…

France's economy has contracted over the first quarter under the impact of soaring inflation, increasing the risk for President Emmanuel Macron in key legislative elections that get underway in less than two weeks' time.

Inflation in the 19 countries that use the euro currency hit a record 8.1% amid surging energy costs prompted in part by Russia’s war in Ukraine

Nearly one in 10 European households has invested in crypto assets, an ECB (European Central Bank) study published Tuesday said, highlighting high demand for the risky investments, which witnessed significant devaluation this month. These novel assets lure middle class people, but “it is worth nothing. It’s not a safe investment,”…

Ukraine war takes toll on European economies using the euro as inflation reaches record levels and output weakens.

French President Emmanuel Macron on Thursday announced he would run for a second term in the April French presidential election, seeking a mandate to steer the eurozone's second-largest economy through the fallout from Russia's invasion of Ukraine and the Covid-19 pandemic.

Although consumer confidence indicator in the Eurozone dropped by 0.3 points from a month ago to -8.8 in January, there were a few notable insider trades.