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Europe's energy crisis
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ECB announces largest interest rate hike in bid to fight inflation
EUROPE'S ENERGY CRISIS
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Debate: How Europe’s cost of living crisis affects you
Our live online debate on inflation and cost of living helps Europeans understand why prices are rising and what we can expect in the future. Learn how inflation is impacting consumers in addition to what policymakers can do to help.
ECB announces larger-than-expected interest rate hike
The European Central Bank has raised interest rates for the first time in 11 years by a larger-than-expected amount, joining steps already taken by the US Federal Reserve and other major central banks to target stubbornly high inflation.
state of the union
Europe's week: EU economic woes mount & Ukraine war crimes commitment
Here are the top stories from Brussels this past week.
This will impact your life
This is what the euro-dollar parity means for you and the EU economy
A weaker euro will make European exports immediately cheaper in international markets.
Inflation in the eurozone reaches new record high of 8.6%
Soaring energy prices are still the main driver behind inflation, but fresh food is also becoming more expensive.
Eurozone to get its first interest rate hike in 11 years next month
The European Central Bank will hike interest rates in July in a bid to tame inflation.
Watch: What is inflation and what can be done about it?
Inflation is at a record high across the world.
EU and US central banks signal 'not just yet' to interest rate hikes
ECB President Christine Lagarde said an increase to policy rates next year is 'very unlikely'.
Europe's central bank will allow higher inflation to hit climate goals
The bank said it would do more to take the impact of climate change into its monetary policy, saying that global warming could have “profound implications” for price stability.
Brussels begins legal action against Germany over ECB ruling
The case relates to a May 2020 ruling issued by the German constitutional court that challenged the competences of both the European Central Bank and the European Court of Justice.
Europe's recovery must focus on investment, says ECB chief
Christine Lagarde told European lawmakers on Monday that the recovery from the pandemic needs to focus on investment.
Coronavirus downturn helps accelerate move to green economy, says ECB
"The fact we have this downturn does create some room for accelerating what needed to happen anyway: the green deal and digitisation," said the ECB's chief economist Philip Lane.
Europe's recovery uncertain amid COVID-19 second wave, says ECB chief
"The second wave of the epidemic in Europe, particularly in France, and the new restrictive measures that accompany it add to [the] uncertainty," said Christine Lagarde, head of the European Central Bank.
Counting coronavirus funds: a look at EU's plans for the recovery
Ahead of Commission's announcement on the recovery fund and EU budget to fight the economic fallout of the pandemic, we look at what the EU has put forward so far to help European countries rebound from the crisis.
EU to evaluate possible infringement proceedings against Germany
Government bond-buying is at the centre of a complex legal row, bringing national and federal justice into the spotlight.
ECB's Lagarde warns coronavirus is fueling economic uncertainty
ECB's Chief Christine Lagarde says the coronavirus "adds a new layer of uncertainty" in an already fragile global economy
state of the union
Brexit brinkmanship, new old faces and remembering WW2 in Brussels
For those of you who love to follow the Brexit drama, this week couldn't have been more gripping.Also this week, the hearings with the nominees for the EU top jobs began with arguably the most prominent candidate: Christine Lagarde, the head of the IMF. That's in this edition of State of the Union.
The Brief: Lagarde's route to the ECB
We look back at Christine Lagarde's career trajectory from French Minister to IMF chief and the issues that follow her heading into her next role.
Need a cheap mortgage rate? Try this Danish bank - it's less than 0%
Borrowers will be able to secure a -0.5% interest rate over 10 years.
The Brief: race for the EU top job
An ex-TV presenter, a Commission insider, a former Belgian prime minister as well as MEPs are all in the running for the European Commission President when Jean-Claude Juncker's term is up later this year. Their fates depend on the European elections, and now you have the chance to question them.
Flaws remain in euro zone banking oversight
Ever since the 2008 financial crisis, the largest banks in the eurozone are closely supervised by the European Central Bank. But a new report from the European Court of Auditors says there's still room for improvement - particularly when it comes to crisis management.
Eurogroup again fails to reach agreement
The latest Eurogroup meeting of finance ministers has yet again ended without an agreement on the Greek debt crisis. Thursday’s (June 25) meeting
Clock ticking for Greece, says eurozone chief
The head of the Eurogroup has repeated his call that time is running out for Greece. Dutch Finance Minister Jeroen Dijsselbloem said further talks
My Europe Series
Should Greece sort out its own problems?
Hello I’m Chris Burns and welcome to The Network, where we connect into a matrix of news makers to get to the heart of an issue and watch out