On Thursday, data from the European Automobile Manufacturers Association (Acea) showed that 43% of...
ECB Chief Says Rates Must Rise despite Increasing Recession Risks
The head of the European Central Bank said on Tuesday that the bank must...
Eurozone Inflation Hits Record High of 10.7% as Growth Stalls
Inflation in the Eurozone exceeded 10% in October, bringing even more pressure to be...
Eurozone Inflation Revises Down to 9.9% in September, Still at Record High
The Eurozone reported annual inflation of 9.9% in September, marginally lower than estimated earlier...
EU Agrees to Impose Price Cap on Russian Oil
The 27 member states of the European Union agreed on Wednesday to impose a...
Putin warns to cut energy supplies to Europe if price cap imposed
Russian President Vladimir Putin warned to block all energy shipments to Europe if the...