Eurozone – Page 7

Europe’s Inflation Issue Moves Into a New Phase: From Profits to Wages

The European Central Bank expects to bring down inflation, with a big caveat: Companies need to let profits fall as they pay for higher wages.

By Eshe Nelson

Banking and Financial Institutions Europe European Central Bank Eurozone Inflation (Economics) Interest Rates

European Central Bank Raises Interest Rates to Highest Level Since 2001

Inflation is “projected to remain too high for too long,” the central bank said as it raised interest rates by a quarter-point, its eighth consecutive increase.

By Eshe Nelson

European Central Bank Eurozone Inflation (Economics) Recession and Depression

Eurozone Slipped Into Recession Early in the Year

A weak recovery has been underway since then, but growth is expected to remain tepid for the remainder of the year.

By Liz Alderman

Economic Conditions and Trends European Central Bank Eurozone Food Inflation (Economics)

Eurozone Inflation Rate Falls to 6.1 Percent in May

The rate of price increases slowed to an annual rate of 6.1 percent in May, but food costs continued to keep inflation uncomfortably high.

By Liz Alderman

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