Now playing Next Economy Euro area inflation slowdown brings ECB's 2% target back into focus Inflation in the euro area has taken a significant dip, reaching its lowest level in over two years. Euronews Business breaks down the latest figures. 30/11/2023
Now playing Next Economy EU Policy. Rivers, birds, culture: ECB selects motifs for new euro banknotes The EU's central bank is looking to shift from the windows and bridges that decorated the euro since its inception 30/11/2023
Now playing Next Business EU Policy. 'What's the point?' — EU lawmakers sink teeth into digital euro The ECB says issuing digital money will help it keep pace with technology — but some MEPs are unconvinced if not downright hostile 29/11/2023
Now playing Next Economy ECB threatens fines on banks failing to integrate climate risk The European Central Bank will impose financial penalties on banks that take too long to address climate change risks in their business, a senior official has said. 14/11/2023
Now playing Next Economy ECB: Eurozone inflation could rebound in next months Inflation could pick up temporarily while eurozone economic growth will remain weak in the near term, said European Central Bank Vice President Luis de Guindos. 13/11/2023
Now playing Next Economy Europe's central bank halts rate hikes for first time in over a year The European Central Bank left its rates unchanged on Thursday, marking a pause in its restrictive monetary policy after 10 increases since July 2022. 26/10/2023
Now playing Next Markets European markets lower ahead of key ECB rate decision The market's cautious mood comes after a wave of quarterly earnings reports, as traders ponder the ECB's next monetary policy moves due on Thursday. 25/10/2023
Now playing Next Economy Eurozone unemployment still at its lowest level in August, at 6.4% Unemployment rates continue to decrease in countries that use the euro. For the European Union as a whole, the unemployment rate stood at 5.9% in August, the same as in May and June. 02/10/2023
Now playing Next Economy German inflation falls to its lowest level since start of Ukraine war The inflation rate in Germany is expected to be 4.5% in September 2023. 28/09/2023
Now playing Next Europe News ECB interest rates to remain high for as long as needed - Lagarde The President of the European Central Bank (ECB) Christine Lagarde signalled on Monday that borrowing costs may have reached their peak, but will remain high for as long as it takes to curb inflation. 25/09/2023
Now playing Next Economy Eurozone inflation revised down to 5.2% in August Despite the decrease, inflation still remains far above the European Central Bank's 2% objective. 19/09/2023
Now playing Next Economy ECB hikes interest rates again, despite threat of recession The decision raises the ECB’s benchmark deposit rate to 4%, up drastically from minus 0.5% just a little more than a year ago and the highest since the euro was established in 1999. 14/09/2023
Now playing Next Economy ECB criticises Italy's bank windfall tax plan The widespread application of the tax would particularly harm "credit institutions that have lower solvency positions or are more focused on lending activity ... or have challenging capital projections," according to the ECB. 13/09/2023
Now playing Next Economy OECD urges EU to increase interest rates further In its latest report, the Organisation for Economic Co-operation and Development says further reforms are needed to help the post-pandemic European economic recovery. 06/09/2023
Now playing Next Economy The ECB’s rate-hike dilemma as eurozone business activity falls As eurozone businesses face sharp declines in outputs and new orders, experts believe the European Central Bank (ECB) faces a complex challenge as it decides whether to continue its cycle of interest rate hikes in September. 24/08/2023
Now playing Next Business European Central Bank hikes interest rates to highest level since 2000 Christine Lagarde warned that consumer prices are still rising too fast. 27/07/2023
Now playing Next Economy IMF supports imposition of restrictive economic measures in the EU In an interview with Euronews, the IMF's Managing Director says that more stringent measures could become the norm given the current economic situation in Europe. 19/06/2023
Now playing Next Europe News European Central Bank celebrates its 25th anniversary Hundreds were in attendance in Frankfurt to mark 25 years of the ECB. Today the euro is the world's second currency, used by almost 250 million Europeans in 20 countries. 24/05/2023
Now playing Next Economy European Central Bank raises interest rates by quarter-point The European Central Bank has slowed the pace of its interest rate increases, stepping back like the US Federal Reserve from a string of jumbo hikes aimed at snuffing out inflation. 04/05/2023
Now playing Next Economy Explained: Why the EU economy may be heading for a ‘soft landing’ The economic situation in Europe is better than expected, an economist told Euronews. 17/04/2023