The annual inflation was still double the European Central Bank’s target, however. ADVERTISEMENT The Eurozone’s annual inflation rate slowed down to 4.3% year-on-year in September, Eurostat announced on Friday. This figure…
Tag: Euro area
The European Central Bank raises its benchmark rate by 0.25 – its highest level since May 2001
The European Central Bank has raised interest rates back to their record high, warning consumer prices are still rising too fast while keeping its options open for further increases. ECB…
Corporate windfall profits surge to $1 trillion amid cost-of-living crisis, NGOs’ study finds
New data on the profits of the world’s largest businesses has renewed calls for permanent windfall taxes across all sectors of the economy. A study published on Thursday by Oxfam…
Croatia set to join passport-free Schengen zone – but what about Bulgaria and Romania?
Europe’s passport-free travel zone looks set to welcome Croatia but bar Romania and Bulgaria. EU countries will today vote on whether or not to admit the three nations to the…
