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Tag: European Central Bank
Germanyʼs unemployment soars to 2 1/2-year high amid economic slump
[ad_1] Germany, the largest economy in Europe, has encountered an unexpected rise in its unemployment rate, reaching its highest level in two and a half years. The Federal Labor Agency…
Risky Bonds Decimated By Credit Suisse Implosion Are Booming Again
[ad_1] A day that started with a blunt call to investors ended with incredulous fund managers at Algebris Investments facing double-digit losses. It was March 20, and the Swiss government…
ECB’s Latest Hike Won’t Help Economy, Italy’s Industry Minister Says
[ad_1] The European Central Bank’s latest interest-rate hike won’t support the euro-area economy, one of the members of Italian premier Giorgia Meloni’s cabinet told AnsaBloomberg Terminal newswire. “This new decision…
Netherlands Unexpectedly Suffers Recession on Consumers, Trade
[ad_1] The Dutch economy unexpectedly succumbed to its first recession since the pandemic on weakness in both consumer spending and exports. Gross domestic product fell 0.3% from the previous three…
German Business Outlook Reaches Six-Month High in Sign of Hope
[ad_1] Germany’s business outlook improved for a third month in November, pointing to an impending recovery for an economy that is probably in a recession and beset by a budget…
Macron Finally Has Something to Brag About
[ad_1] Bonjour et bienvenue to the Paris Edition. I’m Paris Bureau Chief Alan Katz . If you haven’t yet, subscribe now to the Paris Edition newsletter . French President Emmanuel…
Germany’s Economic Downturn Eases as French Slump Persists
[ad_1] A recession in the euro area is looking increasingly likely as the economic downturn persists in the final quarter of the year, private-sector activity surveys showed. S&P Global’s purchasing…
Denmark Delivers 25 Basis-Point Rate Hike After ECB Move
[ad_1] Denmark matched the European Central Bank’s 25-basis-point interest rate hike to protect the krone’s peg against the euro. The Danish central bank raised its current account rate to 3.1%…
Global Rate-Hike Marathon May Keep Going in Nordics
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