Tag: Euro zone
European Union: More than 20 percent inflation
Riga A pack of Barilla noodles, 500 grams, can cost just over four euros in Latvia’s capital Riga, depending on the supermarket. A liter of whole milk is available for…
Savings are melting away in Italy – is the country slipping into recession?
Italy’s Prime Minister Giorgia Meloni Rome All of Italy is currently discussing petrol prices. There is talk of usury, of motorway gas stations where a liter of diesel costs 2.50…
Corona pandemic accelerates withdrawal of cash payments
card payment The proportion of card payments is increasing in most countries in the euro zone – including Germany. (Photo: dpa) Frankfurt During the corona pandemic, cash payments were downright…
Corona pandemic accelerates withdrawal of cash payments
card payment The proportion of card payments is increasing in most countries in the euro zone – including Germany. (Photo: dpa) Frankfurt The corona pandemic has accelerated the withdrawal of…
Five lessons for the Fed and ECB
The year of inflation 2022 is coming to an end. And as if ordered, the percentages are softening somewhat, allowing central banks such as the European Central Bank (ECB) and…
Higher returns and more debt
Possible Prime Minister Giorgia Meloni at the campaign date An election victory for the right-wing parties could lead to further spread widening. (Photo: Bloomberg) Rome The Italians have not yet…
Markets and investors are worried
Giorgia Meloni The leader of Italy’s post-fascist brothers is unsettling investors. (Photo: Reuters) Frankfurt, Rome According to Matteo Salvini, head of the Italian right-wing party Lega, after the parliamentary elections…
Inflation in the euro area rises to a record high of 9.1 percent
Frankfurt The inflation rate in the euro area continued to rise in August. Consumer prices increased by 9.1 percent compared to the same month last year. This was announced by…
Inflation in the euro area rises to a record high of 9.1 percent
supermarket shopping Prices in the euro zone have recently risen sharply. (Photo: IMAGO/photothek) Frankfurt The inflation rate in the euro area continued to rise in August. Consumer prices increased by…
Inflation in the euro area rises to a record high of 9.1 percent
European Central Bank On September 8, the Central Bank Council will discuss the future course of monetary policy. (Photo: dpa) Frankfurt The inflation rate in the euro zone continued to…
Hedge funds bet $39 billion against government bonds
View of Rome at night Italy is coming under pressure again on the markets. (Photo: Moment/Getty Images) Frankfurt Highly indebted Italy is back in the focus of speculators. The uncertainty…
Several ECB currency watchdogs want to discuss huge rate hike
European Central Bank The ECB initiated the turnaround in interest rates by raising interest rates by 0.5 percentage points in July. According to insiders, an even larger rate hike is…
TPI bond purchase program: CDU criticizes the ECB
European Central Bank in the evening According to the CDU, the ECB should not step in as a helper, but the European rescue fund ESM. (Photo: dpa) Berlin There will…
TPI bond purchase program: CDU criticizes the ECB
ECB President Christine Lagarde According to the CDU, the ECB should not step in as a helper, but the European rescue fund ESM. (Photo: AP) Berlin There will be sharp…
The boom on two wheels in three graphics
Dusseldorf Bicycle shops and manufacturers can hardly save themselves from demand: Riding a racing bike is considered cool by young people, older people switch to e-bikes and leave their cars…
Will Italy pose a threat to the euro zone after the election?
Rome A light-flooded room with a view of the garden, plush sofas in the background, the dress in a light green summer color: Giorgia Meloni chose a presidential ambience for…
The economy in the euro area is growing faster than expected – GDP growth of 0.7 percent
Economic growth in the euro zone The economy in the EU continued to grow. (Photo: dpa) Brussels, Berlin Despite record inflation and the Ukraine war, the economy in the euro…
Danger for the euro zone: is Italy’s debt burden sustainable?
But the fact that events were happening at the same time has also unsettled the financial markets: the interest rate differential between German and Italian government bonds, which had leveled…
Mario Draghi changed that – and is now in danger
Rome The Mario Draghi chapter is complete. Italy is facing new elections, and President Sergio Mattarella dissolved the chambers of parliament early Thursday evening. The former central banker was in…
Mario Draghi changed that – and is now in danger
Rome Mario Draghi was in office for exactly 522 days, just over 17 months. These were times of crisis, economic, pandemic, and since the outbreak of the Ukraine war also…