The European Central Bank is cutting its key interest rate, a step to boost an economy that’s struggling to grow as consumers ...
The eurozone economy failed to grow in the fourth quarter of 2024, marking a sharp slowdown from the previous quarter and missing expectations for modest expansion. Flash figures released by Eurostat ...
Economists polled by Reuters had expected growth of 0.1% over the period, following a larger-than-expected 0.4% expansion in ...
Germany’s public debt currently stands at 62%, according to Eurostat data, thus twenty points below the EU average and much lower than in other G7 economies – all of which have a government debt level ...
The euro zone economy experienced stagnation last quarter as reluctant consumers curbed spending, casting doubt on recovery ...
The euro area economic growth ground to a halt in the fourth quarter as output shrunk in Germany and France and remained flat in ...
The eurozone surprisingly stagnated in the fourth quarter of last year, the latest data showed. Europe’s economic woes show no sign of abating. Quarterly GDP growth in the single currency area fell ...
Policymakers at the European Central Bank and in European capitals had hoped that cooling inflation rates and a rapid rise in wages would spur a strong enough rise in consumer spending to drive a ...