Inflation hits new record high of 10.7% in Europe, slowing economy

Image Source : AP A light installation is projected onto the building of the European Central…

Euro zone inflation hits record high of 10.7% as growth slows sharply

Inflation in the euro zone remains extremely high. Protestors in Italy used empty shopping trolleys to…

ECB hikes rates by 75 basis points and announces new terms for European banks

The European Central Bank has announced its third consecutive increase in interesr rates this year. Bloomberg…

Markets look for answers from the European Central Bank as it preps for a jumbo rate hike

Christine Lagarde, president of the European Central Bank, is expected to announce another 75 basis points…

Fears of a severe recession deepen as European business activity slows on surging energy costs

Business sentiment in the euro area dropped once again ahead of an ECB meeting where President…