More than a decade after painful austerity, Greece, Portugal and Spain have been growing faster than traditional powerhouses like Germany.
Tag: European Central Bank
Europe’s Policymakers Get Ready to Lower Rates, Regardless of the Fed
European Central Bank governors are highlighting cooler inflation as a sign the bank could cut interest rates before the Federal Reserve.
European Central Bank Signals Coming Rate Cut, Setting Up Split With Fed
The bank held rates for the fifth consecutive time, but said confidence was growing that inflation would return to its target and it could ease its stance soon.
Inflation Cools in Eurozone, Nearing Central Bank’s Target
Prices in the countries that use the euro rose 2.4 percent in the year through March, coming closer to the European Central Bank’s 2 percent inflation target.
E.U. Plans to Use Russian Frozen Assets to Pay for Weapons for Ukraine
Using interest earned on frozen Russian assets held in Europe, the bloc plans to raise billions. But other ways to pay for new weapons remain elusive.
U.S. Leading Soft Landing for Global Economy
Economies all over the world are lowering inflation while avoiding serious recession — but growth in the United States stands out.
Fragile Global Economy Faces New Crisis in Israel-Gaza War
A war in the Middle East could complicate efforts to contain inflation at a time when world output is “limping along.”
Europe Vowed to Make Russia Pay for the War. It’s Not That Easy.
Confiscating Russian state assets frozen by the United States and Europe could breach international law and set a dangerous precedent, experts say.
Allies Pledge Billions for Ukraine’s Recovery as Zelensky Stresses Urgency
The price tag for reconstruction has soared, driving debate among U.S. and European officials, legal experts and others about using frozen Russian assets to pay for it.
Eurozone Inflation Rises as Policymakers Weigh a Rate Increase
The annual rate of inflation reached 7 percent, but the underlying “core” rate eased for the first time in 10 months.