European leaders push for even more defense spending — despite plans for $867 billion 'ReArm' package
"I think this is only the start," Lithuanian President Gitanas NausÄ—da told CNBC's Silvia Amaro on the EU's plans to boost ...
European Central Bank cuts rates again, says policy is becoming 'meaningfully less restrictive'
The ECB cut interest rates by 25 basis points and updated the language in its decision to say monetary policy was becoming "meaningfully less restrictive." ...
European Central Bank May Need Fresh Cuts as Trade Turmoil Burdens Growth, Rehn Says
Trade uncertainty is weighing on the European economy and any boost from investment in defense won’t come until later, the governor of the Finnish central bank said.
UniCredit CEO Orcel 'Less Optimistic' About European Bank M&A Prospects
LONDON (Reuters) - UniCredit's CEO Andrea Orcel said on Wednesday he was "less optimistic" about the prospects for sizeable ...
ABC News16d
European Central Bank cuts rates by quarter point with trade war a potential threat
The European Central Bank is cutting interest rates by a quarter percentage point, lowering credit costs for consumers and businesses to support an economy that is struggling to show solid growth ...
Bloomberg L.P.10d
Defense Spending Won’t Necessarily Slow ECB Rate Cuts, Rehn Says
A ramp-up in defense spending doesn’t have to lead to slower interest-rate reductions by the European Central Bank, according ...
Novinite29d
European Central Bank’s Aggressive Monetary Policy Leads to Unprecedented Financial Losses
The European Central Bank recorded a historic loss in 2024 due to its aggressive interest rate hikes aimed at curbing inflation, Bloomberg reported. The ECB’s deficit for the year reached €7. ...
Politico: It's not a shame to steal from Russia, but it's dangerous for the euro
Cracks are appearing in the unity of the European Central Bank due to the urgent need for money to rearm Europe. This may ...
CoinDesk1d
Digital Euro Needed to Counter Stablecoins, Non-European Big Tech, ECB Chief Economist Says
Philip Lane said the prevalence of electronic payments using Apple Pay, Google Pay and PayPal "exposes Europe to risks of ...
NBC Washington15d
European Central Bank cuts rates again, says policy is becoming ‘meaningfully less restrictive'
The central bank's six rate cuts over the past nine ... Donald Trump pursues an aggressive global tariff policy and European leaders look to increase defense spending. Tariffs on goods imported ...