European Central Bank
ECB plans to redesign euro bills, decision expected in 2024
The European Central Bank (ECB) announced on Monday that it plans to redesign its euro banknotes, with a final decision on the new look...
Inflation across eurozone hits a record high of 4.9%
The European Union’s statistics agency, Eurostat announced on Tuesday that the eurozone's inflation rate has risen to a record high in November to 4.9%, prompting...
Eurozone October inflation confirmed at 4.1% y/y on energy spike
Eurozone inflation surged to more than twice the European Central Bank's target in October, the European Union's statistics office Eurostat confirmed on Wednesday, with...
ECB: Digital euro to be attractive, not redundant
The European Central Bank (ECB) will ensure its digital euro is attractive enough for users so it won’t be swept aside by other private...
Eurozone inflation rises to 4.1% for October, hitting a new 13-year high
Eurozone annual inflation spiked to 4.1% in October, while economic growth accelerated to 2.2% in the third quarter, preliminary Eurostat data showed on Friday,...
Eurozone inflation expectations hit ECB target of 2%
A key market gauge of eurozone inflation expectations rose on Friday to 2%, the European Central Bank's (ECB) inflation target for the first time...
French inflation hits highest level in almost three years
The inflation in France rose to its highest level since late 2018 as food and energy costs accelerated and manufactured goods prices rebounded with...
ECB needs to take account of improved financing conditions
The European Central Bank (ECB) should take into account more favourable financing conditions in discussing the future of its pandemic-related monthly asset purchases, ECB...
European factories hire workers at record pace to fill orders
Euro-area factories are hiring new workers at a record pace to keep up with persistently strong orders, according to Bloomberg.
Job creation was particularly pronounced...
Eurozone rebounds strongly, inflation above ECB target
The European Union's statistics office Eurostat said on Friday that its initial estimate of gross domestic product in the 19 countries was the growth...