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Posted 11/11/2022

EU Cuts Growth Projection for 2023, Expects Inflation in Eurozone to Reach 6.1% Next Year

The European Commission on Friday cut the GDP growth forecast for 2023 and expects...

Posted 01/11/2022

ECB Chief Says Rates Must Rise despite Increasing Recession Risks

The head of the European Central Bank said on Tuesday that the bank must...

Posted 31/10/2022

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...

Posted 19/10/2022

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...

Posted 03/10/2022

Factory Activity in Eurozone Falls Deeper in September on Soaring Energy Costs

The downturn in manufacturing activity in the Eurozone fell deeper into contraction territory in...

Posted 08/09/2022

European Central Bank Considers Another Big Rate Hikes as Inflation Intensifies

The European Central Bank is poised to raise interest rates again on Thursday, potentially...

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