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The Latest Breaking News from eurozone

Why a new eurozone crisis now looks a distinct possibility

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 Conversation

With Inflation on Rise, ECB Readies Tougher Action

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…

Asharq Al-Awsat

Deflation to War: How the ECB Responded and What is Next

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…

Asharq Al-Awsat

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France's economy shrinks as Eurozone braces for rates hike amid fears of fuel, food shortages

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.

Radio France Internationale

Eurozone inflation hits record 8.1% amid rising energy costs

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

The Independent UK

One in 10 European Households Invest in Cryptocurrencies

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,”…

Asharq Al-Awsat

Eurozone inflation hits new high as growth slows amid Ukraine war

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

Al Jazeera

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Macron officially declares his candidacy in 2022 French presidential election

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.

France 24

Delta Air Lines And 4 Other Stocks Sold By Insiders

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.

Benzinga

UK pay growth lags behind inflation; company insolvencies rise – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

UK house prices hit record high but slowdown looms; eurozone bond yields rise – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

No 10 implicitly rebukes Bank of England chief over wage restraint call, amid unions anger – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

Eurozone inflation hits record 5.1% as energy prices surge

Inflation in the eurozone hit another record high in January, climbing to 5.1 pertcent for the first time since records began. The price surge was driven by the rising cost of energy. Also in the show: Egyptian authorities consider rolling back a bread subsidy scheme, and French drivers rush to…

France 24

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