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Business
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Economy
1/6/2023 2:48:50 PM
The eurozone annual inflation rate fell for a second month in a row, to 9.2 percent in December, the first drop into single digits since September, the EU statistics agency said Friday.
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Business
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Economy
12/15/2022 5:04:27 PM
The European Central Bank slowed its record pace of interest rate hikes only slightly Thursday, joining the U.S. Federal Reserve and other central banks around the world in reinforcing an inflation crackdown while glimpsing headway against the high prices that are plaguing consumers.
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Business
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Economy
11/18/2022 3:13:10 PM
Eurozone banks are set to pay back on Friday just under 300 billion euros ($311 billion) in cheap loans paid out by the European Central Bank, the institution said, as it looks to ease sky-high inflation.
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Business
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Economy
11/11/2022 3:20:36 PM
The EU warned Friday the eurozone was set to fall into recession this winter as Brussels hiked inflation forecasts for 2022 and 2023 on the back of high energy prices.
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COP27
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Sharm El-Sheikh
11/7/2022 3:07:28 PM
Speeding up the transition to renewable energy can limit the chances of painfully sharp price increases, European Central Bank President Christine Lagarde said Monday, as eurozone households come under pressure from soaring bills.
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Business
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Energy
10/4/2022 5:01:08 PM
The ECB's banking supervisor on Tuesday warned banks against easing capital requirements for energy suppliers and traders struggling with huge volatility in the sector, as this could enhance the vulnerability of financial institutions.
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Business
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Markets & Companies
8/30/2022 5:08:45 PM
Egypt's Chemical and Fertilisers Export Council, in cooperation with Export Council for Building Materials, Refractory & Metallurgy Industries (ECBM) and the Egyptian Trade Office in Nairobi, will organise a trade mission to Kenya 4-6 October.
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War in Ukraine
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Economy
7/21/2022 12:49:59 PM
Asian and European equities mostly rose with the euro Thursday after Russia resumed gas supplies to Europe, while traders await a crucial ECB policy meeting.
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Business
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Economy
7/8/2022 6:02:00 PM
The euro fell below $1.02 this week to its lowest level in 20 years. Here are the concrete consequences of the decline in the value of the single European currency.
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War in Ukraine
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Economy
4/14/2022 4:45:25 PM
The European Central Bank on Thursday stood still in the face of record inflation, keeping its stimulus plans and rates unchanged, as the war in Ukraine cast a pall over the eurozone economy.
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World
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International
2/2/2022 3:00:55 PM
Inflation in the eurozone soared to a new record high in January, official data showed Wednesday, adding pressure on the European Central Bank ahead of a monetary policy meeting this week.
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World
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International
1/7/2022 1:35:21 PM
Consumer prices in the 19 countries that use the euro currency hit a record high of 5% in December compared with a year earlier.
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Business
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Economy
10/12/2020 3:34:57 PM
Lagarde noted that the pandemic has severely affected domestic activities, working attitudes, shopping, ways of purchasing, trading, and payments
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Business
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Economy
4/30/2020 4:12:42 PM
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World
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International
4/7/2020 2:16:10 PM
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World
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International
1/23/2020 12:15:15 PM
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Business
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Economy
12/5/2019 7:01:13 PM
In its monthly report released on Thursday, the Export Council for Building Materials said the UAE topped the list of importing countries by 66.8% during the period from January to October 2019
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Business
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Economy
7/30/2019 6:47:18 PM
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World
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International
7/16/2019 6:35:02 PM
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World
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International
7/4/2019 10:21:09 AM
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