[ad_1] BRUSSELS (Reuters) – Euro zone governments and the European Central Bank may need to provide more fiscal and monetary support than initially expected because of the effects of the…
Tag: European Central Bank
Bank of England signals rates to stay high as borrowing costs hit 15-year high
[ad_1] LONDON: The Bank of England raised its key interest rate by a quarter of a percentage point to a 15-year peak of 5.25% on Thursday, and gave a new…
Name of new Italian PM doesn’t matter, their plans do – League leader tells paper
[ad_1] FILE PHOTO: European Central Bank (ECB) President Mario Draghi attends a news conference on the outcome of the meeting of the Governing Council, in Frankfurt, Germany, October 24, 2019.…
UK mortgage-holders pay thousands more than Europeans, Labour says
[ad_1] H omeowners in Britain are paying thousands of pounds more than Europeans for new mortgages as interest rates soar, according to Labour. The Bank of England last week raised…
FTSE 100 Live: ECB interest rate decision after ‘hawkish’ Fed pause; blue-chips flat
[ad_1] 1686817820 Hugo Boss ups 2025 sales target to €5 billion Frankfurt-listed fashion house Hugo Boss now expects revenue of €5 billion (£4.3 billion) and €600 million in profit by…
Euro zone enters recession after Germany, Ireland growth revision
[ad_1] The German economy entered a recession in the first quarter. Bloomberg | Bloomberg | Getty Images The euro zone entered a recession in the first quarter of this year,…
Greek company Mytilineos to launch Canada’s largest solar farm in Alberta
[ad_1] Open this photo in gallery: Greek company Mytilineos SA is spearheading a $1.7-billion project to build five solar energy projects in Alberta, which will generate enough power for 200,000…
DIARY-Top Economic Events to Oct 31
[ad_1] Sept 20 (Reuters) – For other diaries, please see: Top Economic Events Emerging Markets Economic Events Government Debt Auctions Political and General News U.S. Federal Reserve Today in Washington…
European markets shake off hawkish comments from central banks
[ad_1] L ondon stocks shrugged off concerns about further interest rate hikes and a softer performance on Wall Street. Gains by software firm Sage and financial stocks helped to buoy…