Global trade has reportedly experienced a significant decline in recent months, with trade volumes falling at the fastest pace since the pandemic began. The slowdown...
Eurozone inflation has dropped back into the single figures after two months of double-digit rates. The latest figures from the EU statistics agency Eurostat estimate...
Having passed the last remaining legal hurdles, Croatia officially joined the eurozone on Jan 1. The European Union (EU) member became the 20th country to...
The EU has a lot to consider as it mandates banks to offer instant payments. First introduced in 2017, Single Euro Payments Area (SEPA) instant...
Some Eurozone banks reportedly may have trouble paying back the European Central Bank (ECB). Banks are now repaying loans from the ECB’s Targeted Longer-Term Refinancing Operations (TLTRO)...
The U.K. will amend its banking rules to help London remain a global finance hub. As Reuters reported Tuesday (Nov. 29), London city minister Andrew...
Earlier this week (July 12), the European Union Council officially approved Croatia’s entry into the eurozone, setting the stage for the euro currency to become...
The eurozone economy is backsliding amid a second lockdown in Europe triggered by a wave of new COVID-19 infections, according to a new analysis by...
Against a backdrop of surging coronavirus cases, the Eurozone is reporting a rebounding economy, with a 12.7 percent hike in third-quarter gross domestic product (GDP),...