Economy
German inflation rises to 2.9% in August, coming in below expectations
Inflation in Germany rose 2.9% in the year to August on the harmonised measure tracked by the European Central Bank, a fresh acceleration from July but well short of the 3.1% economists had expected, in a reading that offers modest relief to policymakers meeting in Frankfurt next week.
ADVERTISEMENT
Business
The ECB's new banknotes send a clear message: Cash isn't going away
With cashless payments on the rise, and a growing belief that cash is being replaced by the digital euro, the European Central Bank (ECB) is introducing new banknotes carrying a clear message to citizens: cash is here to stay.
Economy
ECB holds rates at 2.25% as reignited Iran war boosts inflation fears
The European Central Bank left interest rates unchanged on Thursday, pausing after June's first hike in three years as easing inflation bought policymakers time, while renewed fighting in the Middle East caused a new rise in energy prices, keeping another hike firmly on the table for autumn.
Economy
Eurozone inflation at 2.8%: Will it be enough for the ECB to pause?
Eurozone inflation was confirmed at 2.8% for June on Friday, marking the first decline this year and giving the European Central Bank a timely argument to keep its deposit facility rate unchanged at 2.25% when it meets this week.
Economy
EU unveils banking reforms to unlock billions in investment
In a bid to reduce fragmentation in the EU banking sector and meet companies’ growing investment needs, the European Commission has unveiled proposals aimed at making banks more competitive and potentially unlocking billions of euros for investment, but obstacles remain.
Economy
ECB selects 36 payment providers for digital euro pilot
The European Central Bank (ECB) has selected 36 payment service providers to help test the digital euro in a year-long pilot from 2027, marking the latest milestone in the EU's effort to create a digital form of central bank money while reducing reliance on foreign payment networks.
Europe Today
Lagarde: EU must address weakness, leverage strengths
Europe must look at its own weaknesses, but also leverage them in a very turbulent global scenario - the words of the President of the European Central Bank Christine Lagarde in an exclusive interview with Euronews’ Europe editor, Maria Tadeo.
Europe News
'Digital euro will not replace cash', ECB's Lagarde tells Euronews
European Central Bank President Christine Lagarde rejected claims in an exclusive interview with Euronews that the digital euro is designed to replace cash or allow the central bank to monitor payments, as the legislation entered a new phase following months of talks in the European Parliament.
The Europe Conversation
'Debate it': ECB chief tells Euronews as Spain pitches fresh debt plan
European Central Bank President tells Euronews in an exclusive interview that it is "pretty obvious we need to have a European asset" that the markets see as safe and liquid, and one that can compete with the US.
