Europe’s economy has stagnated at the end of last year as former growth engine Germany floundered to the end of a second straight year of shrinking output.
Following is the text of European Central Bank President Christine Lagarde's statement after the bank's policy meeting on Thursday: Link to statement on ECB website: Good afternoon, the Vice-President ...
The European Central Bank’s reduction, the fifth consecutive cut since last summer, came a day after the U.S. Federal Reserve held interest rates.
Europe's economy stagnated with zero growth in last quarter of 2024 as eurozone's biggest economy Germany struggled.
THE European Central Bank (ECB) cut interest rates on Thursday (Jan 30) and kept the door open to further policy easing as ...