Eurozone

The case for a rate hike later on remains firm, according to sources.

ECB is back to square one as US-Iran war resumes

[BRUSSELS] The European Central Bank is back to square one in its fight against high inflation in the eurozone after new hostilities between the US and Iran caused energy prices to rise again, ECB pol...

The European Central Bank raises interest rates in June as a war-related energy cost surge pushed inflation above 3%, well in excess of its 2% target.

International

Eurozone factory output ends first quarter on strong note, cost pressures ease: PMI

Business confidence rises to a four-month high in June, but sentiment remains below the historical average

The European Central Bank expects the eurozone economy to grow by 0.8% this year, 1.2% in 2027 and 1.5% in 2028.

International

Iran energy shock to cut eurozone growth by 0.4 percentage point: ECB

The war and closure of the Strait of Hormuz have made fuel more expensive for the energy-importing union

Younger firms used AI more intensely than older companies and use was skewed towards high-tech, knowledge-intensive services, the survey found.

International

Intense AI use still rare among eurozone firms, ECB researchers find

Intense use is skewed towards smaller companies

The digital euro will allow all eurozone residents to make payments online and in person.

International

Digital euro clears key hurdle as EU seeks to break free from US credit cards

[FRANKFURT] The European Central Bank (ECB) secured key parliamentary backing on Tuesday (Jun 23) for the launch of a digital euro, an electronic means of payments aimed at making the eurozone less re...