You Searched For "eurozone" and got 20 results
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2 mins read
One of the euro's founding fathers says the ECB is 'living in a fantasy' by getting tough enough on inflation
Otmar Issing, the ECB's first chief economist, criticized the central bank for downplaying the risk…
Hamza Fareed Malik
3 mins read
The US dollar is trading at its strongest level against the euro in 20 years as recession fears push the pair closer to parity
"Slowdowns fears are now arguably the main driver of currencies globally," said one strategist at t…
Carla Mozée
2 mins read
ECB chief Lagarde says the eurozone is 'at a turning point' on interest rates, sending the euro higher against the dollar
ECB's Christine Lagarde said the central bank is in no rush to withdraw its monetary stimulus as an…
Zahra Tayeb
2 mins read
The dollar and euro are on the verge of parity for the first time in 20 years — and it could happen within a month. Here's what to know.
"[Parity] is an indicator of lack of faith in the euro area economy going forward, which is not sur…
Phil Rosen
2 mins read
An embargo on Russian oil would trigger a recession in Europe and investors are underpricing disruptions to energy supplies, Barclays says
"Any restrictions of flows would put further pressure on energy prices and could even result in rat…
Carla Mozée
2 mins read
ECB slows pace of pandemic bond purchases after inflation jumps to decade high
The ECB is one of many central banks around grappling not only with strong inflation, but also the …
Harry Robertson
2 mins read
Eurozone inflation rocketed to its highest ever level in November as energy prices sent the cost of living soaring
Inflation in the 19-member eurozone came in at 4.9%, well above analysts' expectations, adding to p…
Harry Robertson
2 mins read
The eurozone fell into a double-dip recession in the first quarter as it grappled with COVID-19 and a botched vaccine rollout
GDP shrank for the second quarter running, but economists say the worst should be behind the 19-mem…
Harry Robertson
1 min read
Markets now see more risk in the UK's 5-year bonds than those for the most heavily indebted eurozone members
Yields on the five-year gilt soared more than 51 basis points on Monday to 4.579% amid fallout from…
Brian Evans
2 mins read
Eurozone inflation hits 13-year high in September as energy crunch and supply bottlenecks send prices soaring
Inflation in Germany, Europe's biggest economy, rocketed to a 29-year high in September.
Harry Robertson
2 mins read
The eurozone economy shrank by less than expected in the final quarter of 2020 - but analysts say the slow rollout of vaccines will limit the recovery
The eurozone economy shrank 0.7% in the final three months of the year. But the slow rollout of cor…
Harry Robertson
2 mins read
Bond traders are flocking to Greece to bask in the highest yields in eurozone
While the debt is junk-rated and illiquid, Alberto Gallo, a money manager in London at Algebris Inv…
Yusuf Khan
2 mins read
ECB says it will keep to faster pace of bond-buying to help the economy bounce back from COVID
The European Central Bank said it had weighed up the inflation outlook and decided to keep snapping…
Harry Robertson
2 mins read
European Central Bank holds interest rates and bond-buying steady as it weighs up the eurozone's recovery
The ECB's main interest rate will stay at -0.5%, while the coronavirus bond-buying package will sta…
Harry Robertson
3 mins read
The ECB says it's preparing a new anti-crisis tool as a surge in bond yields stirs memories of the eurozone meltdown
The ECB is back in crisis-fighting mode after Italian bond yields skyrocketed in response to potent…
Harry Robertson
2 mins read
Italian markets cheer as former ECB chief 'Super' Mario Draghi is tapped to become prime minister - with stocks soaring and bond yields falling
Former European Central Bank boss Mario Draghi might become Italy's next prime minister, and invest…
Harry Robertson
3 mins read
European Central Bank holds steady on $2.25 trillion bond-buying package after stepping up stimulus in December
The European Central Bank said it would leave its "very accommodative" monetary policy unchanged in…
Harry Robertson
2 mins read
ECB says European banks can restart dividend payments next year if they show resilience, according to a report
A long-lasting ban on dividend payouts may not even be legal if banks have the capacity to deal wit…
Shalini Nagarajan
2 mins read
Europe's pandemic debt burden is large but sustainable, the ECB's chief economist says
European governments are spending trillions to protect their economies from the pandemic, but they …
Amanda Cooper
7 mins read
Italy's 'perma-recession' could trigger a €2 trillion financial crisis that threatens the eurozone itself
It also underscores the un-resolvable contradiction at the heart of the European Central Bank (whic…