Pressure mounts on ECB for a more aggressive rate hike as inflation hits record 9.1% Rate-setting meeting is due next week for the shared currency area Evening Standard · Aug 31, 2022
Is global inflation nearing a peak? New US data suggests that the worst of inflation may be over after a tough year of price increases. Al Jazeera · Aug 10, 2022
Eurozone inflation hits record high of 8.9% as energy prices soar Cost of living crisis comes as 19-member currency bloc beats growth forecasts in second quarter The Guardian - UK · Jul 29, 2022
Eurozone inflation hits 8.9% record high Data will add pressure on the European Central Bank to hike rates in September Evening Standard · Jul 29, 2022
ECB hikes interest rates for the first time in more than a decade as outlook darkens The European Central Bank brought an end to the era of negative interest rates in the eurozone, with a bigger than expected half-point hike, intended to combat soaring inflation. ECB President Christine Lagarde has warned of a darkening economic outlook. Radio France Internationale · Jul 22, 2022
Europe's central bank surprises markets with bigger-than-expected rate hike The move comes as the eurozone faces record-high inflation and a huge economic blow from Russia’s invasion of Ukraine. Axios · Jul 21, 2022
European Central Bank raises interest rates for first time in 11 years Bank surprises markets with 0.5 percentage point rise as inflation reaches 8.6% in eurozone The Guardian - UK · Jul 21, 2022
Europe's central bank to join global push for higher rates The European Central Bank is ready to join the U.S. Federal Reserve and the Bank of England in a global rush to raise interest rates and put a lid on galloping inflation The Independent UK · Jul 21, 2022
Italy political turmoil a headache for Europe's central bank Italy's political turmoil is making life harder for the European Central Bank as it hikes interest rates and raising bad memories of the eurozone debt crisis a decade ago The Independent UK · Jul 20, 2022
Russian war slowing growth and hiking inflation, European Commission warns Body revises economic forecast and says outlook for EU and eurozone heavily dependent on course of war The Guardian - UK · Jul 14, 2022
Inflation in eurozone hits record 8.6% as Ukraine war continues ECB plans first interest rate rise in 11 years as food prices increase and Putin’s invasion drives up energy costs The Guardian - UK · Jul 1, 2022
Irish shoppers pay far more for food and booze than EU as true extent of 'rip-off Ireland' laid bare The rip-off Republic prices have led Labour finance spokesman, Ged Nash, to call on the consumer protection regulator to step in to investigate Irish Mirror · Jun 30, 2022
Ireland has second highest food prices in Eurozone, new figures show All food items in Ireland with the exception of fish were above the EU average Dublin Live · Jun 29, 2022
Top economist's ominous warning as he predicts 'serious food shocks' New CSO figures showing that Ireland has the second most expensive food prizes in the Eurozone, a whopping 17% above the average Dublin Live · Jun 29, 2022
The Guardian - UK · Jun 26, 2022 History turns full circle as G7 alarm bells ring over energy once again First meeting in 1975 grappled with the oil shock – now it is Russia’s war in Ukraine creating angst
Radio France Internationale · Jun 10, 2022 Eurozone interest rates to rise for first time in a decade The European Central Bank (ECB) will raise interest rates next month for the first time in 11 years in a bid to control soaring inflation, ending a stimulus scheme to support the economy during the Covid-19 pandemic.
France 24 · Jun 9, 2022 ECB sets stage for July interest rate hike to tackle inflation The European Central Bank is setting the stage to raise interest rates in July, for the first time since 2011. Policymakers have been under growing pressure to tackle soaring inflation, which hit a record 8.1 percent in the eurozone in May. Frédérik Ducrozet, Head of Macroeconomic Research at Pictet Wealth…
The Conversation · Jun 9, 2022 Why a new eurozone crisis now looks a distinct possibility The European Central Bank (ECB) has confirmed speculation that it will become the latest central bank to start raising headline interest rates to try to ward off inflation. The bank is to raise rates by 0.25 points to 0.25% for lending and -0.25% for deposits, with plans for another rise…
Asharq Al-Awsat · Jun 9, 2022 With Inflation on Rise, ECB Readies Tougher Action The European Central Bank is set to announce the end date to its bond-buying stimulus on Thursday, as concerns over the accelerating pace of inflation in the eurozone grip policymakers. The stop is a prelude to the ECB hiking rates for the first time in over a decade in the…
Asharq Al-Awsat · Jun 6, 2022 Deflation to War: How the ECB Responded and What is Next The global surge in inflation has brought to an end a long period of low interest rates and forced central banks around the world to try to bring prices under control by raising borrowing costs. Inflation in the eurozone soared to an all-time peak of 8.1 percent in May, precipitating…
Radio France Internationale · May 31, 2022 France's economy shrinks as Eurozone braces for rates hike amid fears of fuel, food shortages France's economy has contracted over the first quarter under the impact of soaring inflation, increasing the risk for President Emmanuel Macron in key legislative elections that get underway in less than two weeks' time.
The Independent UK · May 31, 2022 Eurozone inflation hits record 8.1% amid rising energy costs Inflation in the 19 countries that use the euro currency hit a record 8.1% amid surging energy costs prompted in part by Russia’s war in Ukraine
Asharq Al-Awsat · May 26, 2022 One in 10 European Households Invest in Cryptocurrencies Nearly one in 10 European households has invested in crypto assets, an ECB (European Central Bank) study published Tuesday said, highlighting high demand for the risky investments, which witnessed significant devaluation this month. These novel assets lure middle class people, but “it is worth nothing. It’s not a safe investment,”…
Al Jazeera · Apr 29, 2022 Eurozone inflation hits new high as growth slows amid Ukraine war Ukraine war takes toll on European economies using the euro as inflation reaches record levels and output weakens.
France 24 · Mar 3, 2022 Macron officially declares his candidacy in 2022 French presidential election French President Emmanuel Macron on Thursday announced he would run for a second term in the April French presidential election, seeking a mandate to steer the eurozone's second-largest economy through the fallout from Russia's invasion of Ukraine and the Covid-19 pandemic.