The Latest Breaking News from eurozone

ECB raises eurozone interest rate despite banking sector fears

Concerns half-point could set off domino effect across financial industry knocked by Credit Suisse crisis

The Guardian - UK · Mar 16, 2023

Eurozone inflation down more than expected but further interest rate rises ahead

Rising core inflation has intensified the challenge facing the European Central Bank

Evening Standard · Jan 6, 2023

‘How will pensioners cope?’ Croats fear rising prices as country joins eurozone

Croatia’s currency the Kuna is taking its dying breath as the country becomes the 20th member of the eurozone at midnight on Saturday. But with the war in Ukraine fuelling a global cost of living crisis, Croats fear that the new currency will raise prices even more. FRANCE 24's Laurent…

France 24 · Dec 31, 2022

European Central Bank hikes interest rates, fuelling recession fears

ECB chief Christine Lagarde notes concerns but warns of further hikes to tackle soaring eurozone inflation

The Guardian - UK · Oct 27, 2022

ECB warns of 'looming recession'

FRANKFURT: The European Central Bank announced another jumbo interest rate hike on Thursday and said further increases would follow to combat soaring inflation, even as its president, Christine Lagarde, warned a eurozone recession was looming.

Bangkok Post · Oct 27, 2022

ECB again Eyes Jumbo Rate Hike to 'Tame Inflation Beast'

The European Central Bank is expected to set aside recession worries and deliver another jumbo interest rate hike this week to cool inflation, as Russia's war on Ukraine sends energy prices soaring. Inflation in the 19-nation eurozone climbed to an all-time high of nearly 10 percent in September, five times…

Asharq Al-Awsat · Oct 24, 2022

Eurozone rocked by record inflation as prices soar 10 percent

Eurozone consumer prices skyrocketed by a record 10 percent in September, according to official data released on Friday. Inflation has reached double digits on the back of soaring energy prices caused by Russia's war on Ukraine.

Radio France Internationale · Oct 1, 2022

Eurozone interest rates must continue to rise, says European Central Bank

Decision about how to fight inflation follows increase by unprecedented 0.75 percentage points

The Guardian - UK · Sep 9, 2022

ECB raises interest rates across eurozone by record margin

European Central Bank sets aside recession fears to increase rates by 0.75 of a percentage point to 1.25%

The Guardian - UK · Sep 8, 2022

ECB announces major increase in eurozone interest rates

The ECB lifted its deposit rate to 0.75% from zero and raised the main refinancing rate to 1.25%, which is their highest level since 2011

Dublin Live · Sep 8, 2022