IMF: Eurozone inflation will remain high for a long time
In the statement made by the International Monetary Fund (IMF), it was noted that core inflation has become more permanent, and it is expected...
EU warning of ‘great food crisis’
The European Union (EU) High Representative for Foreign Relations and Security Policy Josep Borrell stated that after Russia's withdrawal from the Black Sea Grain...
Eurozone recovers from recession
The first quarter GDP change for the euro area was revised down from minus 0.1 percent to 0. Thus, the Eurozone did not enter...
‘Communication’ concern at the European Central Bank
While some statements regarding July came from the officials of the European Central Bank (ECB), verbal guidance within the bank in July is considered...
The rise in car sales in Europe does not slow down
Vehicle registrations in Europe increased by 19 percent in June. Thus, the series of increase in vehicle sales reached the 11th month.
Auto sales in...
Core inflation exceeds forecasts in the euro area
Core inflation in the Euro Zone exceeded forecasts in June, strengthening the expectation that the ECB will raise interest rates at the meeting next...
Investment plan from the EU to Latin America and Caribbean countries
Ursula von der Leyen, President of the European Union (EU) Commission, stated that it is planned to invest over 45 billion euros in the...
Interest rate hike message from Europe’s hawk name
Joachim Nagel, one of the hawkish names of the European Central Bank, said that a rate hike is needed at the meeting in July,...
ECB rate hike expectations rise
Due to persistent inflation, economists expect the European Central Bank (ECB) to continue its rate hikes after the summer and raise the policy rate...
Poland will need millions of immigrants in 10 years
The report published by the Polish Social Security Institution (ZUS) showed that the country needs about 2 million migrant labor within 10 years to...