The DAX index in Germany has reached a historic milestone by closing above 20,000 points for the first time. However, experts caution that further significant gains may be limited, citing concerns about economic conditions and political instability in Europe, particularly…
The DAX, Germany’s leading stock index, hits a historic milestone of 20,000 points despite the nation’s economic struggles. Factors contributing to this surge include anticipated interest rate cuts from the US Federal Reserve and the European Central Bank, alongside strong…
Germany’s economy grew by only 0.1% in the third quarter, narrowly avoiding a recession despite strong consumer demand. Recent data indicates that the economy is stagnant, with structural and cyclical issues persisting. Economists express cautious optimism for recovery in the…
Inflation in the Eurozone rose to 2.0% in October, driven by increasing food prices and a slight decrease in energy costs. The European Central Bank’s target has been met, with significant variations among member countries. Slovenia reported the lowest inflation…
Bundesbank President Joachim Nagel has expressed concerns about rising inflation due to increasing tensions in global trade, particularly linked to proposed tariffs by U.S. President Donald Trump. He emphasized that central banks possess the tools necessary to combat inflation should…
Giannis Stournaras, the Governor of the Bank of Greece, predicts a 0.25% cut in European Central Bank’s interest rates in December, followed by further reductions in 2025. During a conference in Athens, he stated that these cuts are logical if…
Gabriel Makhlouf, Governor of the Central Bank, addressed the possibility of an interest rate cut at the December meeting, stating it is not guaranteed. He emphasized caution in monetary policy despite potential changes in the US administration under Donald Trump….
The European Central Bank (ECB) is on high alert following the election of Donald Trump in the United States. Potential increases in tariffs proposed by Trump could have dire consequences for the European economy, prompting strategic planning among ECB officials….
European Central Bank officials are warning that proposed protectionist trade policies from a potential Trump administration could significantly hinder global economic growth. Trump intends to impose tariffs, including a 10% blanket tariff on foreign imports and 60% on Chinese goods,…
During a tribute marking the 70th anniversary of Alcide De Gasperi’s passing, European Parliament President Roberta Metsola emphasized De Gasperi’s enduring legacy of unity and cooperation in Europe. Metsola highlighted the importance of embracing diversity and the human aspect of…
The European Central Bank (ECB) has announced the conclusion of its public asset purchase program by July, as it seeks to combat soaring inflation exacerbated by the war in Ukraine. President Christine Lagarde indicated that the ECB will raise interest…
