EuropeEconomy

ECB Set for Continued Rate Cuts in 2024, Says Vujcic

1 day ago

In a recent interview, the Croatian National Bank Governor, Boris Vujcic, indicated that the European Central Bank (ECB) is poised to maintain a strategy of interest rate reductions throughout 2024. This assessment highlights a significant shift in monetary policy intended to counteract the prevailing economic challenges faced by the Eurozone.

Trump's Trade Strategy Energizes Hungary's Budget Market

5 days ago

In a surprising turn of events, former President Donald Trump’s influence is now being felt across the Atlantic, particularly in Hungary’s budget market. As political and economic ripples from Trump's past administration continue to unfold, investors are taking note of the potential benefits that could derive from his trade approach.

Europe's Economic Recovery Forecasted as Slow, Warns ECB's Müller

10 days ago

In a recent statement from the European Central Bank (ECB), board member Isabel Schnabel emphasized the challenges facing Europe's economic recovery, forecasting a remarkably slow path ahead. She articulated concerns over stagnation and the long-term implications it could have for the region's economic stability.

Lagarde Urges Europe to Prioritize Capital Markets Union Amidst Development Delays

18 days ago

In a recent statement, European Central Bank (ECB) President Christine Lagarde emphasized the urgent need for the European Union to intensify its efforts in establishing a robust Capital Markets Union (CMU). Addressing leaders and stakeholders at a financial summit, Lagarde highlighted that the slow progress made in this key initiative poses significant risks for the region's economic recovery and long-term stability.