Euro zone inflation soars to new record as economic growth fades
Publicat:Euro zone inflation surged to a fresh all-time high, while the bloc’s economy lost momentum, reinforcing fears that a recession is now all but unavoidable, according to Bloomberg. Annual inflation reached 10.7% in October, the European Union’s statistics agency, Eurostat, said on Monday. That is up from 9.9% in September and the highest since statistics […] The post Euro zone inflation soars to new record as economic growth fades appeared first on Știri online, ultimele știri, presa online, ziar online - Sursazilei.ro .
Citeste articolul mai departe pe sursazilei.ro…
Sursa articol: sursazilei.ro
Stiri pe aceeasi tema
Romania posts EU’s highest annual inflation in February
14:35, 18.03.2024 - Romania recorded the EU‘s highest annual inflation rate in February, at 7.1%, followed by Croatia with 4.8%, the EU’s statistical office said on Monday, according to See News. Romania also marked the highest monthly rise in consumer prices among EU member states in Southeast Europe (SEE) last month,…
EU Parliament passes nature law despite political backlash
14:40, 27.02.2024 - The European Parliament approved an EU flagship law to restore nature on Tuesday, salvaging at least part of its plans to protect the environment after farmers’ protests ignited a backlash, according to Reuters. The vote took place after weeks of farmers protests across Europe, including a violent…
Europe has growth challenge as inflation defeated, says Le Maire
11:55, 23.02.2024 - Europe’s new battle is achieving economic growth as inflation has been defeated, according to French Finance Minister Bruno Le Maire, Bloomberg reports. “In two years, the European Central Bank and the finance ministers have managed to break inflation,” Le Maire told reporters on Friday in Ghent, Belgium,…
Von Der Leyen seeks new EU term amid Ukraine and US challenges
14:45, 19.02.2024 - Ursula von der Leyen has told her party she will seek a second mandate to lead the European Union’s executive arm, as the bloc struggles with challenges from Russia’s invasion of Ukraine to the possible return of Donald Trump to the White House, according to Bloomberg. Von der Leyen, 65, briefed the…
France to lower its growth forecast as EU outlook worsens
13:30, 15.02.2024 - French Finance Minister Bruno Le Maire said he will revise the government’s official growth forecast in the coming days as the outlook for European countries worsens, according to Bloomberg. “In Europe, we have a growth rate that is well below the US and all the European states are revising their growth…
China opposes ‘illegal sanctions’ after proposed EU trade curbs
13:35, 13.02.2024 - China said it firmly opposes “illegal sanctions” in a response to the European Union’s proposal to impose trade restrictions on three Chinese firms as part of efforts to hobble Russia’s war efforts in Ukraine, according to Bloomberg. “We are aware of the relevant reports,” the Ministry of Foreign Affairs…
Bloomberg: Romania may hint at rate cut as inflation fades
10:30, 13.02.2024 - Romania’s central bank may start laying the groundwork for cutting interest rates in the coming months as a spike in inflation at the start of the year is likely to prove fleeting, according to Bloomberg. Investors will be looking for clues about the timing of the first reduction when the National…
Closer Turkey-EU relations must come through us, says Cyprus
14:55, 12.02.2024 - Closer relations between Turkey and the European Union are contingent on Turkish engagement in solving the decades-old partition of Cyprus, the EU country’s president said on Monday, according to Reuters. Turkey has been an official candidate to join the EU for decades, but accession talks have stalled…
se inchide automat in 30 secunde
