The European Central Bank cut its key interest rate on Thursday to boost an economy that’s struggling to grow as consumers burned by inflation warily eye price tags and businesses try to navigate political turmoil in leading economies France and Germany.
Despite making similar moves in the recent past, the European Central Bank and the Federal Reserve are now at different junctures.
The European Union will moved forward with a renewal on Russian sanctions after a deal was struck with Hungary, according to multiple reports.
As per phys.org, reports indicate that changing climatic conditions may require adjustments in crop selection and farming practices. While regions could benefit from improved conditions for grape cultivation, staple crops such as wheat and sugar beet are expected to suffer. Livestock grazing may also be impacted due to grassland degradation.
The Czech National Bank (CNB) has limited room to ease monetary policy this year, with domestic inflation threats warranting caution, and there will be debate whether to keep or cut rates at next week's policy meeting,
From the smallest village to the national capital, memorials celebrating Soviet “liberation” were once a key feature of the Central European urban landscape. But since the end of the Cold...
The synchronization of data from two natural climate archives -- a speleothem from the Herbstlabyrinth Cave in Hesse (Germany) and ice cores from Greenland -- offers new insights into the chronology of abrupt climate changes in Central Europe.
The agreement signed at COP29 is the important first step in linking Central Asian renewables with European markets – enabling the transfer of surplus green electricity from Kazakhstan and Uzbekistan to Azerbaijan, creating a direct pathway for exports to Europe.
Europe’s economy stagnated late last year as its former growth engine, Germany, finished a second straight year of shrinking output.
Genetic Research Confirms 9,000-Year-Old Burial Site was of a Female Shaman and Her Grandchild An extraordinary double burial of an adult female and an infant was found by construction workers in 1934 from the spa gardens in Bad Dürrenberg,
The European Central Bank’s reduction, the fifth consecutive cut since last summer, came a day after the U.S. Federal Reserve held interest rates.
Norway's Finance Minister Trygve Slagsvold Vedum said on Thursday that he and his eurosceptic Centre Party would resign from government due to a disagreement with coalition partner Labour over the adoption of European Union energy policies.