European Central Bank

FRANKFURT, Germany (AP) – The European Central Bank chugged ahead with another outsized interest rate hike Thursday and vowed more to come, underlining its drive to subdue inflation even as the European economy slows and the U.S. Federal Reserve eases its pace of increases.

Croatia is to be the latest European nation to abandon its financial independence in exchange for integration within the European system.

Cryptocurrencies like Bitcoin should be banned due to their “excessive ecological footprint”, a top European Central banker said this week.

The European Union has warned left-separatist Scottish leader Nicola Sturgeon she must “legally commit” to adopting the euro currency if she wants Scotland to rejoin the EU after breaking with the United Kingdom.

Inflation within the Eurozone has hit yet another record high as the currency bloc struggles to deal with the ongoing gas crisis.

First hike in 11 years.

ROME (AP) – Italian premier Mario Draghi resigned Thursday after key coalition allies boycotted a confidence vote, signalling the likelihood of an early election and a renewed period of uncertainty for Italy and Europe at a critical time.

The European Central Bank predicted the region will not fall into stagflation, following previous claims that inflation would be “temporary”.

The European Central Bank has suggested that the massive influx of Ukrainian refugees into the EU could be used to ease the bloc’s labour shortages.

Nigel Farage has accused the EU of hypocrisy by “funding Putin’s war machine”, as the bloc admitted to spending €35 billion on Russian gas.

There are difficult months ahead for Eurozone nations, with the head of Europe’s ECB warning that the ongoing Ukraine Crisis poses ‘significant’ dangers to the currency union.

A German Member of the European Parliament (MEP) has suggested that the founders of BioNTech, which developed the Pfizer vaccine, should be put on Euro currency banknotes.

The Euro — the centralised currency of the European Union — is to turn 20 years old on January 1st, 2022.

The vice-president of the European Central Bank has said that current inflation is not ‘as temporary’ as initially expected.

Former two-weight mixed martial arts world champion and all-around sporting superstar Conor McGregor may have just become Ireland’s biggest advocate for ‘Irexit’ — an Irish exit from the European Union.

BERLIN (AP) – The United Nations is summoning an unusual “witness” to testify to the dangers of burning fossil fuels that stoke global warming: a dinosaur.

Consumer prices spiked higher than expected in Europe in August, boosted in large part by more expensive fuel.

Brexit Party leader Nigel Farage has warned that Prime Minister Boris Johnson could agree on a deal with the EU that could see the UK be financially liable to the European Central Bank and be forced to accept regulations on state aid.

The President of the European Commission Ursula von der Leyen said that EU law has “primacy over national law” following a ruling from a German court that the European Central Bank’s bailout scheme was unconstitutional. President of the European Commission

Two economics experts have predicted that the Chinese coronavirus could lead to the end of the euro currency — and the potential end of the European Union itself.

European leaders are lining up an array of tax breaks, financial support for companies and likely central bank measures.

Inflation in the 19-country eurozone has fallen to its lowest rate since November 2016.

Inflation in the 19-country eurozone weakened in September, slipping farther from the European Central Bank’s goal and underlining President Mario Draghi’s arguments for a recent stimulus package.

The head of the European Central Bank says the economy in the 19-country eurozone is not showing signs of a rebound and urged governments to help by spending more on top of the central bank’s latest package of stimulus measures.

Christine Lagarde, the globalist lawyer who ran the International Monetary Fund (IMF) until last week has had her appointment to the top of the European Central Bank (ECB) rubber-stamped by the European Union’s powerless Parliament.

An unexploded American World War II bomb caused 16,000 people to be evacuated from the German city of Frankfurt on Monday morning after it was discovered by workers on a building site.

BRUSSELS (AP) – European Council President Donald Tusk appealed Thursday to hostile MEPs to endorse a raft of nominees for some of the EU’s most coveted jobs amid accusations that he and the bloc’s leaders hand-picked the candidates in a series of shady backroom deals.

Like Powell, Lagarde is a lawyer. So the world’s two biggest currency zones will be lead by non-economists.

Comments from the European Central Bank send the Euro lower and prompt a response from President Trump.

The European Central Bank stands ready to cut interest rates and could re-start its bond purchase stimulus program if needed to help the economy, President Mario Draghi said Tuesday.

The eurozone economy received a double dose of bad news Monday as inflation fell further away from the European Central Bank’s target and a closely monitored survey showed the crucial manufacturing sector shrinking at its fastest rate in six years.

European Union officials have slashed their growth forecast for the 19 countries that use the euro, saying even the lower estimate was vulnerable to “large uncertainty” from slowing growth in China and weakening global trade.

FRANKFURT, Germany (AP) – European Central Bank head Mario Draghi on Thursday issued a darker outlook for the region’s economy and said the bank is ready to use all its monetary levers in case the slowdown takes a turn for the worse.

The Bank of England’s reputation has taken a severe hit as previously unreleased minutes reveal staff knew their dire “No Deal” Brexit predictions “could be misleading” and “against [the] public interest.”

BRUSSELS (AP) – Economic growth across the 19-country eurozone slowed in the third quarter to its slowest level for over four years, official figures showed Tuesday, in a development that’s likely to stoke worries about the impact of rising trade

The 19-country eurozone economy lost momentum in September despite a resilient performance by the services sector in Italy, according to a closely watched survey released Wednesday.