The euro zone economy stagnated in the fourth quarter of 2024, registering zero growth, according to preliminary data released by Eurostat on Thursday. The figure fell short of economists' expectations of a 0.1% expansion and...
Tag : euro zone
European markets turned lower on Wednesday following the release of preliminary data indicating a decline in economic sentiment across the euro zone in December. The pan-European Stoxx 600 index, which had gained 0.5% earlier in...
The European Central Bank (ECB) has announced its first interest rate cut since 2019, reducing the key rate from 4% to 3.75%. The decision, which had been signaled for months, comes amid persistent inflationary pressures...