The ministers of finance of the countries in the eurozone reaffirmed their support for efforts to prepare for the potential launch of a digital euro. Meanwhile, the single currency area’s monetary aut...
Tag: EuroZone
Eurozone inflation beats expectations, what will ECB do?
I wrote on Wednesday about how optimism had jumped in the wake of softer-than-expected inflation numbers out of France. Markets moved upward as investors turned their eyes towards today, when the all-...
Prices in France are falling, but will Eurozone inflation drop?
If “pandemic” was the buzzword of 2020 and 2021, then “inflation” may have taken the top spot in 2022. And if you were hoping that the topic would be confined to the annals of history as we turn the p...
Rate Hikes Needed to Reduce Eurozone Inflation Despite Recession, Top ECB Official Says – Finance Bitcoin News
Interest rates will continue to rise while the euro area falls into recession, a high-ranking executive at the European Central Bank (ECB) has indicated. His statements follow the latest rate increase...
Eurozone inflation drops as ECB plans rate hikes
For the first in almost one and half years, Euro-zone inflation has declined, giving the European Central Bank (ECB) some hope in the fight against record inflation. Eurostat indicated that the Novemb...
Eurozone Inflation Receding and Now Pegged at 10%
The cost of living crisis was a major challenge for the region this year as it attempted to bring down energy costs. As the year is wrapping up, the efforts of the European Central Bank (ECB) to curta...
What to expect from the eurozone economy in 2023
When the COVID-19 pandemic hit the world, governments and central banks responded with a single voice. They eased fiscal and monetary policies to ease the pressure on economies gripped by lockdowns. A...
When will Eurozone inflation stabilize? Here’s what finance experts say
A combination of the war in Ukraine, higher interest rates, and raging inflation has put brakes on business activity across the Euro area, sparking discussions of a recession coming soon. The pain in ...
Eurozone CPI reaches double-digits for the first time since WWII standing at 10% YoY
As high inflation numbers are being reported around the globe, followed up by menacing headlines on macroeconomic hardships, countries seem to be pushed into ‘technical’ recessions. Among the areas m...
European Central Bank Follows The Fed, Raising Rates 75 Basis Points
FRANKFURT AM MAIN, GERMANY – President of the European Central Bank Christine Lagarde announced a … [+] 75bps rise in European interest rates to combat inflation (Photo by Ronald Wittek &#...
Rome’s Financial Volatility to Shock the Eurozone — Hedge Funds Bet $39 Billion Against Italian Debt – Economics Bitcoin News
Hedge funds are betting against Rome’s liabilities as S&P Market Intelligence data indicates investors have amassed a $37 billion short bet against Italian debt. The hedge funds are betting large ...
Eurozone Inflation Hits 9.1% Historic-High! Crypto Market Trades Flat
Cryptocurrency again witnesses a hard hit. Eurozone Hits 9.1% tumbling the cryptocurrency market. Analysts are setting up a meeting soon on September 8th, Euro area is expected to be...
Eurozone hits record inflation of 9.1% amid gas and energy crisis
August marks the ninth consecutive month of rising inflation for the Eurozone at 9.1%. In July, the official inflation numbers landed at 8.9%. The Eurozone consists of 19 countries, including Germany,...
Eurozone Inflation Taps Highest Rate Ever Recorded Reaching 9.1%, as Nord Stream, Gazprom Halt Gas Supplies – Coinotizia
The Eurozone’s inflation rate reached a record high in August of 9.1%, the highest ever recorded in history, according to Europe’s statistics office Eurostat. The rate was higher than economists suspe...
Euro-Zone Inflation Rate Hits All Time High, Will Crypto Market Suffer More?
The Euro-zone is facing a series of financial challenges, as the effects of the Russian war escalate further. Amidst the downfall of the global financial scene, the Euro is underperforming. In a recen...
Eurozone Inflation Taps Highest Rate Ever Recorded Reaching 9.1%, as Nord Stream, Gazprom Halt Gas Supplies – Economics Bitcoin News
The Eurozone’s inflation rate reached a record high in August of 9.1%, the highest ever recorded in history, according to Europe’s statistics office Eurostat. The rate was higher than economists suspe...
Euro-Zone Inflation Hits Record as ECB Hawks Push Jumbo Hike
(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Most Read from Bloomberg Euro-area inflation accelerated to another all-time high, ...
Cryptocurrency markets trade flat as Eurozone inflation hits record 9.1%
Eurozone consumer inflation rose to its highest-ever level at 9.1%, putting additional pressure on the European Central Bank (ECB) to hike rates. Cryptocurrency markets continued to trade flat as the ...
Eurozone Business Activity Falls Amid High Inflation And Energy Uncertainty
Topline Activity in the eurozone’s private sector economy shrunk for the second consecutive month in August—raising fears of an incoming recession—amid record high inflation and uncertainty about ener...
Crypto Market in Turmoil, Project Complete Funding Rounds, Eurozone Inflation Hits 8.9% – crypto.news
The crypto market suffered its worst decline in the past few weeks, losing over 7%. Several projects announced their funding rounds. Eurozone inflation increases to a 25-year high. Eurozone Inflation...
Inflation in Eurozone Surges To 25-Year High of 8.9% in July
Bitcoin News On July 21st, the European Central Bank (ECB) stated that it will raise interest rates. The Bank of England has already raised interest rates six times in a row. Inflation in the Eurozone...
U.K. Central Bank Forecasts Recession This Year—Joining U.S. And Eurozone With Historic Rate Hike
Topline The Bank of England on Thursday predicted that the U.K. will fall into a recession in the final quarter of this year as it announced its steepest rate hike in nearly three decades, following s...
Funding Rounds Continue with Quasar and Nomad, Eurozone Inflation at New Highs, IMF Warns of Possible Further Declines – crypto.news
Project funding continued today, with Quasar Finance and Nomad XYZ completing successful rounds. Eurozone inflation rates hit new highs as many other countries suffer from massive CPI hikes. IMF recen...
Bitcoin holds $24K as USD taps 3-week lows on eurozone inflation report
Bitcoin (BTC) sought to pin $24,000 as support before the July 29 Wall Street open as fresh inflation data sparked worries for the euro. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Eur...
Eurozone Beats GDP Estimates But Its Largest Economy Germany Reports 0% Growth
Topline The eurozone’s second quarter GDP growth beat analyst estimates but Germany—the region’s largest economy—stagnated, highlighting uneven growth in the region which continues to face record infl...
Bitcoin Slips Below $23,000 As Eurozone Moves to Curb Inflation with Interest Rate Hike
After briefly reclaiming the $24,000 mark on Wednesday, Bitcoin (BTC) is back in the red today, as the price of the leading cryptocurrency slipped below $23,000. The latest price action followed elect...
Nineteen Countries To Receive Warning From ECB on Eurozone Crypto Regulation Standards: Report
A new report says the European Central Bank (ECB) is set to caution European Union (EU) members against pre-empting crypto rules being prepared for the Eurozone. The Financial Times report says that t...
ECB to Warn Countries in the Eurozone about Crypto Regulation
The European Central Bank is reportedly on track to issue warnings to national authorities within the Eurozone about individual handling of the crypto ecosystem. The European Commission, Parliament, a...
ECB to issue warning to eurozone over aligning crypto laws
Following the European Central Bank (ECB) president’s calls for greater oversight in cryptocurrency staking and lending, as well as the finalization of the Regulation on Markets in Crypto-Assets (MiCA...
Euro-zone inflation hits 8.10%: ‘we think they’ll normalise rapidly’
A continued increase in energy prices saw inflation in the euro-zone hitting a new record of 8.10% in May, the preliminary data from Eurostat revealed on Tuesday. Expectations were for an increase to ...
High Eurozone inflation hits record 8.1% rocking bank shares
Since the war in Ukraine started, the Economic Sentiment Index (ESI) has been much weaker than before. Historically it is at quite a strong level but is not tied to an economic recession, currently ho...
Every Tenth Household in the Eurozone Holds Crypto (ECB Study)
A survey executed by the European Central Bank (ECB) estimated that 10% of the eurozone households are crypto HODLers. Wealthier families are more inclined toward purchasing bitcoin and altcoins. Dutc...