German growth forecast more than doubles as economy rebounds
The German economy will grow by 1.3 percent this year, according to the German Council of Economic Experts - more than double the growth forecast the same advisers made in May.
Business
EIB President Says Capital Is Moving From the US to Europe Amid Market Turbulence
Political and economic turbulence in the United States is driving capital away from the country and toward Europe, according to Nadia Calviño, president of the European Investment Bank (EIB).
Business
ECB Presidency Race May Lead to Broader Deal on Top Bank Jobs
Both the ECB presidency and other top positions are at stake as the EU decides who will succeed Christine Lagarde as head of the central bank.
Business
Two Candidates Emerge to Succeed Christine Lagarde as ECB President
Two candidates have thrown their hats into the ring to succeed Christine Lagarde as president of the European Central Bank (ECB).
Business
Markets expect the Swedish Central Bank to raise rates more than any other major Western central bank
The market expects the Swedish Central Bank to raise the key interest rate at least four times - perhaps five - over the next year. That is more increases than expected in any other major Western economy.
Business
Euro Falls to 17-Month Low After ECB Holds Interest Rates Steady
The European Central Bank (ECB) left key interest rates unchanged, with the deposit rate at 2.50 percent. The decision was in line with the average analyst forecast, according to Bloomberg.
BusinessTop news
Christine Lagarde to Step Down Early as ECB President on February 7
One of the heavyweights of the financial world, Christine Lagarde, is stepping down early as head of the European Central Bank (ECB). She will leave her post on February 7, according to an ECB press release.
Business
Fed Holds Interest Rates Steady, With December Hike in View
As expected, the US Federal Reserve opted to hold off on raising its key interest rate for now. There are strong indications that it will raise rates in December instead.
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