TAG: Eurozone
Stagnant eurozone just avoids recession
The eurozone economy stagnated again in the final quarter of last year, extending a miserable sequen...
8 months ago
Christine Lagarde makes a poor central banker, ECB staff say
FRANKFURT — On the global stage, European Central Bank President Christine Lagarde still exudes the...
8 months ago
German economy contracted in 2023
FRANKFURT — The German economy likely contracted in the final quarter of last year, the German stati...
8 months ago
Belgian government breaks deadlock over renewal of central bank governor mandate
The parties in Belgium's coalition government have reached an agreement to renew Pierre Wunsch’s man...
8 months ago
The cold fish deal: How EU spending talks went to Brazil and back ― just in time for Christmas
BRUSSELS / PARIS ― When the VIP vending machine broke down in the early hours of the morning near th...
8 months ago
As Germany sneezes, Europe is catching a cold
Germany’s budget mess is threatening to make an already difficult situation worse for the rest of th...
8 months ago
ECB leaves rates unchanged, winds down crisis program early
FRANKFURT — The European Central Bank left its key discount rate unchanged at a record high of 4 per...
8 months ago
The Week of April 1st: NFPs, Inflation and More
The month of April is here and has brought a plethora of important financial and economic events worth keeping in mind. Here are this week’s main events and their possible effects on the financial markets:Holidays: A Short Trading Week AheadThis trading w...
6 months ago
France pitches radical joint EU borrowing plan to pay for defense
BRUSSELS ― The French government is pushing for the European Union to issue joint debt to pay for increased military spending and is pitching the radical idea to its European counterparts, according to a confidential letter seen by POLITICO.In the diploma...
6 months ago
ECB signals historic break from QE era with new operating framework
The European Central Bank outlined major changes to the way it works on Wednesday, aiming to scale down its presence in financial markets after 15 years of emergency measures.During the financial crisis, the ECB took up a far more active role in European...
6 months ago
Look away: The ECB is about to change its rules of engagement
ECB policymakers will meet on Wednesday outside of the framework of their usual monetary policy meetings to decide the technical details about how the central bank should operate in the post-QE era.All the signalling from the ECB suggests they don’t want...
6 months ago
ECB keeps rates unchanged but cuts inflation, growth forecasts
FRANKFURT — The European Central Bank inched toward a first interest rate cut around the middle of the year, leaving its official interest rates unchanged but cutting its headline forecasts for both growth and inflation.The ECB’s Governing Council left it...
6 months ago
Western allies split over how to make Putin pay
BRUSSELS — America and Europe can’t agree over how far they should go in forcing Russia to pay to rebuild Ukraine. One suggestion, not so long ago dismissed on both sides of the Atlantic as pie in the sky, is now gaining serious momentum — and causing ser...
6 months ago
End of an era as Swiss central banker Jordan steps down early
Thomas Jordan is to leave his post at the head of the Swiss National Bank after 12 years, ending an era in which Swiss monetary policy was the subject of something approaching awe around the globe. “Having met the various challenges of recent years, now...
6 months ago