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Europe politics
fromwww.theguardian.com
3 months agoEuropean Central Bank keeps interest rates on hold despite sluggish growth
European Central Bank kept interest rates steady amidst slow eurozone growth and low inflation.
Concerns over potential US tariffs are dampening investment and hiring in the eurozone.
fromTechzine Global
1 month agoEU ministers agree on digital euro
On Friday, EU ministers reached an agreement on the next steps for the rollout of a digital euro. The electronic currency is intended to be an alternative to the dominant American payment systems of Visa and Mastercard. The ECB hopes to have the legislation ready by June. The ECB expects to have the legislation ready by June. After that, the bank will need another two and a half to three years to actually launch the digital euro.
Miscellaneous
Miscellaneous
fromLondon Business News | Londonlovesbusiness.com
1 month agoEurozone inflation revised down - London Business News | Londonlovesbusiness.com
Eurozone headline inflation was revised to 2% in August, aligning with the ECB target while annual inflation measures show variation across categories.
Europe politics
fromLondon Business News | Londonlovesbusiness.com
5 months agoECB setting the foundations for economic revival - London Business News | Londonlovesbusiness.com
Eurozone inflation at 1.9% signals effective ECB control despite rate cuts.
A strong Euro is aiding in managing import prices amidst trade uncertainties.
Europe news
fromIrish Independent
5 months agoBank of Ireland to reduce savings rates on some accounts
Customers must open fixed-term deposit accounts by June 4 to lock in current rates.
Bank of Ireland is reducing its fixed-term deposit rates ahead of an ECB cut.
Existing account holders retain original interest rates until the end of their terms.
Europe politics
fromIndependent
5 months agoFionnan Sheahan: Talk of Christine Lagarde bailing out for top job in Davos puts Paschal Donohoe in play for ECB role
Lagarde's potential exit from the ECB could pave the way for Paschal Donohoe's promotion, signaling a shift in European financial leadership.
Europe politics
fromwww.dw.com
6 months agoCan Europe cut its dependence on US credit card firms? DW 05/02/2025
Europe is reevaluating its dependence on U.S. payment systems amid security concerns linked to geopolitical shifts.
Christine Lagarde emphasizes the need for European independence in digital payments.
fromBusiness Insider
6 months agoTrump's tariffs could spell a long-term shift in how Europeans buy American products
A new survey by the European Central Bank suggests that President Donald Trump's tariffs on EU products could trigger a major, long-lasting change in European consumer habits.
Europe politics
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