Job loss fears may explain disappointing euro zone consumption, ECB blog argues
Reduced workloads faced by some employees may make them save up excessively out of fear of losing their jobs, a…
Greece sets new record with 21.7-bln-euro tourism revenue in 2024
Greece on Thursday set a new record by collecting 21.7 billion euros ($22.64 billion) in revenues from tourism last year,…
US labor market stable, disruptions feared from federal government layoffs
The number of Americans filing new applications for unemployment benefits increased moderately last week, suggesting that the labor market remained…
Guns N’ Money: Europe’s reaction to the new geopolitical reality
Last week should have been the final wake-up call for Europe to up its game on defence security. This is…
China leaves loan prime rate unchanged amid tariff jitters, yuan weakness
The People’s Bank of China left its benchmark loan prime rate unchanged on Thursday as widely expected, as Beijing grapples…
Fed officials weighed slowing or pausing bond drawdown last month
Uncertainty over how the U.S. Treasury will manage debt issuance over the next few months drove some Federal Reserve officials…
China’s central bank pledges financial support for private economy
China’s central bank vowed on Thursday to provide strong financial support for the healthy development of private economy and the…
EU digital chief: will propose plans to ease regulation
The European Commission will propose at least five packages this year to ease regulation, European Commission Vice President Henna Virkkunen…
U.S. mid-Atlantic factory momentum slows as price inputs surge
Factory output growth slowed in the U.S. mid-Atlantic region in February as input prices surged, with a measure of prices…
Euro zone consumer confidence rises to -13.6 in February
Euro zone consumer confidence rose by 0.6 points in February from the January number, figures released on Thursday showed. The…