Now playing Next world news ECB raises Eurozone interest rates to 2.5% The European Central Bank (ECB) has raised interest rates again, but by less than its two most recent hikes. The main rate has increased by 0.5 percentage points to 2.5%, 15/12/2022
Now playing Next Europe News Christine Lagarde warns of further ECB interest rate hikes Christine Lagarde warns ECB may have to raise interest rates beyond merely withdrawing stimulus. 18/11/2022
Now playing Next Europe Decoded Why do central banks raise interest rates to curb inflation? Banks hope that if borrowing money becomes more expensive, consumer demand will fall, bringing down prices along the way. 27/10/2022
Now playing Next Europe News European Central Bank announces new super hike of interest rates The eurozone's central bank intends to make spending more expensive in order to bring down prices. 27/10/2022
Now playing Next Europe News ECB announces largest interest rate hike in bid to fight inflation The ECB's three key interest rates were each raised by 75 basis points. 08/09/2022
Now playing Next Europe News 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. 21/07/2022
Now playing Next Europe News 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. 09/06/2022
Now playing Next Europe News 'Addio amico mio': European leaders pay tribute to David Sassoli Colleagues of the European Parliament President honour his legacy and praise him as a "committed" and "passionate" politician following his death aged 65. 11/01/2022
Now playing Next Germany Europe faces tough call on stimulus amid omicron fears The European Central Bank is being pulled two ways: It's caught between a scheduled end of its pandemic stimulus and growing alarm about the new omicron variant of the coronavirus. 16/12/2021
Now playing Next Europe News 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'. 04/11/2021
Now playing Next Europe News Eurozone inflation hits 13-year high amid persistent energy crunch Prices across the eurozone rose by 4.1% in October, up from 3.4% in September. 29/10/2021
Now playing Next world news 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. 08/07/2021
Now playing Next Europe News 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. 08/02/2021
Now playing Next world news 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. 19/10/2020
Now playing Next Money A digital euro? ECB assessing safe alternatives to cryptocurrencies According to the central bank, some 79 per cent of all euro area payments at points of sale are still cash transactions, amounting to more than half of the total value of all payments. 02/10/2020
Now playing Next world news 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 05/02/2020
Now playing Next 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. 06/09/2019
Now playing Next Good Morning Europe Lagarde grilled by politicians over new ECB nomination She warned European countries may need to loosen the purse strings to help fight a recession. 05/09/2019
Now playing Next USA Lagarde resigns from IMF — these Europeans could succeed her Due to an understanding between the US and Europe, the head of the IMF has always been European, while the World Bank has always been led by an American. 18/07/2019
Now playing Next world news 4 things to know about the 4 nominated for EU top jobs They are the new faces of the European Union: Ursula von der Leyen, Charles Michel, Christine Lagarde, and Josep Borrell. Here are facts about the nominated for EU top jobs. 02/07/2019
