ECB considers continuation of policy rate hike
It was reported that the European Central Bank (ECB) may continue to increase the policy rate in order to reduce inflation.
In the summary text...
Annual inflation rises again in Germany
Annual inflation in Germany rose to 6.4 percent in June, ending its three-month decline. While food prices were the determining factor in the increase,...
The decline in investor confidence in Germany continued in the 7th month
Investor confidence in Germany slid to its lowest level since December 2022 in July, amid rising expectations that interest rates will continue to rise.
The...
EU to allocate 500m euros to increase ammunition production
European Union (EU) institutions agreed to allocate 500 million euros to be given as grants to defense industry companies in order to aid Ukraine...
EU attracts more than 90 billion euros with chip law
Ursula von der Leyen, President of the European Union (EU) Commission, said that they attracted more than 90 billion euros in investment in the...
Lagarde: We will intervene if profit margins and salaries rise
European Central Bank (ECB) President Christine Lagarde stated that authorities will take action if companies see profit margins and salaries increase at the same...
EU continues joint gas purchase
The European Union (EU) started the second tender process within the framework of the platform established for the joint natural gas purchase of member...
Retail sales in the euro area remained unchanged
Retail sales in the euro area remained stable in May compared to the previous month.
The European Statistical Office (Eurostat) has published retail sales data...
France confiscates assets of Lebanese Central Bank chief
It was stated that the French judiciary accepted the request of Riyad Salame, the Governor of the Central Bank of Lebanon, against whom corruption...
Eurozone PPI fell in May
According to the data released by the European Statistics Office, the Producer Price Index (PPI) in the Euro Zone decreased by 1.9 percent on...