Showing 1 - 10 of 51
France to launch €450m defence fund amid growing security concerns
Reuters, Published on 20/03/2025
» PARIS - France's public investment bank Bpifrance will launch a 450 million euro ($490 million) defence-focused fund, Finance Minister Eric Lombard said on Thursday, ahead of a speech in which he will outline how to finance the military expenditure.
Germany's Merz vows billions for defence, economy
AFP, Published on 05/03/2025
» BERLIN — Germany's likely next chancellor Friedrich Merz said Tuesday that his centre-right CDU/CSU and the centre-left Social Democrats (SPD) would propose an unprecedented package of billions of euros in extra spending on defence and infrastructure.
Global stocks mostly rise as ECB, BoE press pause after Fed pivot
AFP, Published on 15/12/2023
» NEW YORK - Global equities mostly rose Thursday as the ECB and Britain pressed pause on rates after the Fed had sent Wall Street soaring on a pivot toward interest rate cuts next year.
OECD sees 'sub-par' global growth as high rates bite
AFP, Published on 19/09/2023
» PARIS - The OECD raised its global economic outlook for 2023 on Tuesday but cut the growth forecast for next year as interest-rate hikes aimed at curbing inflation take their toll.
Interest rate cliffhanger as ECB mulls hike or pause
AFP, Published on 14/09/2023
» FRANKFURT (GERMANY) - Eurozone interest rate setters face the toughest call of their long battle against red-hot inflation Thursday, when they decide whether to raise borrowing costs again or finally pause the unprecedented hiking campaign.
EU to take one giant leap towards digital euro
AFP, Published on 28/06/2023
» BRUSSELS - The EU will take the next crucial step on Wednesday towards launching a digital version of the euro, a controversial project that has come under attack from the public, politicians and banks before it even exists.
ECB hikes rates again, will 'stay the course'
AFP, Published on 02/02/2023
» FRANKFURT: The European Central Bank raised interest rates again Thursday and signalled it would "stay the course" in its monetary policy tightening, even as sky-high inflation starts to slow.
Stock markets diverge ahead of key rate decisions
AFP, Published on 12/12/2022
» LONDON - Wall Street pushed higher but European and Asian stock markets dropped Monday as investors looked ahead to interest rate decisions this week from major central banks including the Federal Reserve.
New Italian government seeks to raise cash ceiling
AFP, Published on 28/10/2022
» ROME - Cash is king in Italy, and the debate over limiting payments in notes and coins is heating up again under the country's new right-wing government.
ECB begins inflation fightback with July rate hike
AFP, Published on 09/06/2022
» AMSTERDAM - The European Central Bank on Thursday said it would raise interest rates for the first time in over a decade next month to combat runaway inflation, bringing the curtain down on the eurozone's era of cheap money.