Over the past few months, monthly inflation readings in the eurozone have been getting higher and higher meaning European citizens’ finances are getting more and more strained. The rise in … Read More
Russia’s war in Ukraine has pushed energy and food prices — which were already on an upward trajectory due to strong demand, labour shortages and supply chain disruptions post-COVID — even … Read More
The price of a kilogram of bread in France has risen 16 cents in a year and a half. Diesel is up 78 cents per litre. And the list goes … Read More
The European Central Bank has raised interest rates for the first time in 11 years by a larger-than-expected amount, joining steps already taken by other major central banks across the … Read More
This week, it was officially confirmed that Croatia will introduce the euro on January 1, 2023, after the EU institutions removed the final legal obstacles for it to adopt the … Read More
Europeans are this week grappling with something unthinkable just a few months ago: the euro sliding towards parity with the American dollar. This means 1 EUR equals 1 USD. The … Read More
Soaring energy prices have pushed inflation across the eurozone to a new high of 8.6% in June. The record-breaking figure, up from 8.1% in May, spells bad news for the … Read More
It’s all going up: electricity, diesel, vegetables, the Internet, hotels, flights, and now, interest rates. The war in Ukraine, the on-and-off lockdowns in China, a persistent power crunch and disrupted … Read More
The European Central Bank (ECB) has confirmed it will raise interest rates in a bid to bring down soaring prices across the eurozone. The hike will be of 0.25 percentage … Read More
