As eurozone inflation soars towards 10 percent, the European Central Bank on Thursday again raised interest rates aggressively to try and bring rising prices under control.
Eurozone inflation accelerated to another record high in June, official data showed on Friday, as Russia's war in Ukraine drives up energy prices and hammers the European economy.
The eurozone economy posted robust growth last year, official data showed Monday, but fallout from the Omicron variant and an energy crunch have raised doubts about the bloc's ability to sustain the pace.
Soaring energy prices forced the Eurozone's annual inflation rates to its highest ever level last month, the Eurostat agency said Friday.
29 Oct 2021
Eurozone inflation surged to a record rate this month as high energy prices jumped and supply woes bit, Eurostat said Friday, casting a cloud over the recovery from the coronavirus pandemic.
14 Apr 2020
The IMF drastically slashed its growth estimates for the eurozone on Tuesday, as virus lockdowns decimated the European economy.
25 Oct 2016
European equities mostly rebounded Tuesday after Wall Street gains, and on surprise news of buoyant business confidence in eurozone powerhouse Germany.
25 May 2016
Eurozone ministers reached a vital deal with Greece Wednesday to unlock bailout cash and start tackling the country's debt mountain as demanded by the IMF, but analysts warned details are sketchy, spelling trouble further down the road.