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Europe Returns to Timid Growth, but Bigger Headwinds Loom
Lower energy bills helped drive an expansion in activity in the quarter through June, but the region faces a litany of challenges in the coming
ECB Raises Rates, Says Pausing Is an Option
The euro fell against the dollar as President Christine Lagarde said the central bank was keeping an open mind on its next rate call. Source
How U.S. Drug Companies Could Tip Europe Into Recession
Swings in Ireland’s pharmaceutical industry, often rooted in tax moves by U.S.-based firms, have outsize impact on European output. Source link
Eurozone Core Inflation Hits Record High
Economy Europe Economy The headline inflation rate fell sharply in March but policy makers worry the search for bigger profits may keep other prices rising
Eurozone Banks Cut Lending Even Before Latest Financial Turmoil
Economy Europe Economy Decline in bank lending could deepen as financial institutions move to retain deposits, strengthening effect of ECB rate moves Source link