The Latest Breaking News from eurozone

Energy price rises ease while the pace of increasing food costs accelerates, with all eyes on the ECB’s next rate call

To make the eurozone more stable, it needs stricter and enforceable rules. But because it is so unstable, no such rules can ever be introduced, writes Oliver Hartwich

US oil companies post huge earnings, as sky-high fuel costs hit consumers and drive up inflation

Fund cuts forecasts as US, China and eurozone stall and inflation beats expectations

Italy’s President Sergio Mattarella on Thursday refused to accept Prime Minister Mario Draghi’s resignation, in a political crisis experts warned could send the eurozone’s third largest economy to snap elections.

Base rate to rise by 0.25% and quantitative easing to stop in July after ECB warns about inflation

Inflation is at its highest level in decades in many parts of the world. In the US, consumer prices were 8.3 percent higher in April than a year earlier. In the eurozone, they rose by around 7.5 percent. Energy prices have been driving the surge, with Russia's war in Ukraine…

Until a few years ago, major economies were struggling to achieve even mild inflation, with policymakers in the United States, United Kingdom and eurozone struggling to meet their targets of 2% annual price growth. But with the arrival and persistence of Covid-19, the world changed dramatically. Two years later, everyone…

The double blow of pandemic and war has caused inflation to surge and growth to slow around the world. But experts do not expect a return to the 1970s