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10:40, 26.10.2023

Europe’s central bank is set to halt rate hikes as the Mideast war casts a shadow over the economy

The European Central Bank is ready to leave interest rates unchanged Thursday for the first time in over a year as the Israel-Hamas war spreads even more gloom over already downbeat prospects for Europe’s economy,…




14:51, 28.06.2023

Italy voices anger at ECB interest rate hikes

Italian Prime Minister Giorgia Meloni has criticized the European Central Bank over repeatedly hiking interest rates to combat inflation, saying the “cure” may be worse than “the disease,” according to Politico.…




13:45, 04.05.2023

ECB set to slow rate hikes as financial conditions tighten rapidly

The European Central Bank is expected to lift its benchmark rate by a smaller step of 25 basis points on Thursday, as core inflation declines and its own survey data points to much tighter financial conditions…




11:06, 28.04.2023

ECB and BOE should tread carefully with rate hikes says IMF

Europe’s central banks should be wary of potential dangers ranging from more financial stress to a divergence in bond yields as they stay the course with further interest-rate hikes, according to the International…




17:40, 18.01.2023

Croatia clashes with traders over post-euro ‘wild’ price hikes

The Croatian government and businesses are at loggerheads as traders dismiss measures aimed at battling price hikes after the introduction of the euro by blaming inflation, according to Reuters. Costs rose as soon…




15:56, 19.09.2022

Almost half of Romanians limit their spending in last year due to price hikes (survey)

Almost half (47pct) of Romanians have limited their spending in the last year due to price hikes, and a quarter are saving money for education and professional training, reveals the "Money Matters" survey, carried…




21:20, 01.09.2022

Prime Minister Nicolae Ciuca: Gov't expands measures shielding households and the economy from energy price hikes

Prime Minister Nicolae Ciuca said on Thursday, at the beginning of the government sitting, that the proposed amendments to OUG No. 27/2022 are intended to reinforce and expand the measures for shielding households…




13:30, 05.07.2022

Romanian government plans tax hikes to boost budget

Romania‘s coalition government plans a series of tax rises from next year, including increasing dividend and property taxes, which are expected to boost budget revenue by 13.4 billion lei ($2.82 billion), a draft…




11:45, 09.06.2022

Charting course out of stimulus, ECB to set stage for rate hikes

The European Central Bank (ECB) will pull the plug on years of stimulus on Thursday and signal a string of rate hikes to fight surging inflation, leaving markets only to guess the size and speed of policy tightening,…




15:51, 23.05.2022

Entrepreneurs anticipate new price hikes in goods, services (poll)

Entrepreneurs anticipate new price increases in products and services, most of them estimating price increases between 10% and 30%, according to a recent survey conducted by the National Council of SMEs in Romania.…




08:55, 06.04.2022

Romania’s central bank hikes key rate to 3% on speeding inflation

Romania‘s central bank announced on Tuesday that it will increase its monetary policy rate to 3% from 2.50% as of April 6, its fifth rate hike since May 2018, according See News.  The central bank BNR, also decided…




11:40, 17.12.2021

EU leaders quit without compromise on energy price hikes

The EU leaders’ summit ended on Thursday with a failure to agree on common language on energy issues, forcing the topic to be dropped from the Council conclusions, according to Politico. The two key differences…