The Global PMI ended high in December to close the year on a brighter note, S&P Global …
eurozone
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FeatureInternational NewsMoneyNews
Eurozone manufacturing sector contracts in Q4 ’23, recession likely
by Nada Aliby Nada AliA new survey showed that the Eurozone manufacturing sector remained stuck in contraction at the end of …
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Financial InstitutionsInternational NewsMoneyNews
IMF cautions Europe against ‘premature celebration’ of victory over inflation
by Aya Anwarby Aya AnwarThe European Central Bank and other policymakers in Europe have to keep interest rates at current elevated …
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The European Commission announced on Monday that it has boosted its 2023 economic growth outlook for the …
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Inflation in France and Spain reached a record high in February, which will be pushing the European …
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BanksInternational NewsMoneyNews
ECB raises interest rate by 75 basis points to combat inflation
by Nada Aliby Nada AliThe European Central Bank (ECB) has increased on Thursday a 75-basis point interest rate to combat inflation …
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The eurozone annual inflation rate was 8.9 percent in July, 8.6 percent up from in June.
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Annual inflation in the 19 countries sharing the euro rose to 2.1 percent in July, European statistics …
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Managing director of the International Monetary Fund (IMF) warns that the ongoing tensions over international trade are …
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Financial Institutions
Eurozone hits ‘historic moment’ as it closes an 8-year financial support to Greece
The eurozone ended Friday eight years of financial assistance and austerity in Greece.