The Fed left the rate unchanged as expected, while the ECB slashed the interest rate by 0.25 percentage point, " Alexander Shepelev noted ...

The European Investment Bank (EIB) touted record climate-related spending in 2024, with nearly 60% of its total operations going in support of the green transition, but concerns remain over the ...

Lending to Ireland by the EU’s long-term investment arm dropped in 2024, but the bank has ramped up investments in climate and defence projects ...

The European Union urgently needs investments of at least 100 billion euros. According to four member states bordering Russia ...

Policymakers at the European Central Bank and in European capitals had hoped that cooling inflation rates and a rapid rise in wages would spur a strong enough rise in consumer spending to drive a ...

The German economy, Europe’s largest, also contracted 0.2% for all of 2024, the second straight year of declining output. The outlook for this year isn’t much better. The government slashed its 2025 ...

Following is the text of European Central Bank President Christine Lagarde's statement after the bank's policy meeting on Thursday: ...

The European Central Bank lowered rates by 25 basis points to 2.75% as expected and kept more easing on the table.

The eurozone's poor performance was largely due to economic downturns in Germany and France, the bloc's two largest economies, which contracted by 0.2% and 0.1%, respectively.

The EIB, the largest multilateral lender, will double its funding for defence and security from €1 billion to €2 billion by ...

Next year, the EIB is planning on freeing up €2 billion for defence and security projects, doubling its 2024 spending figure, EIB President Nadia Calviño said. The bank is also “conducting market ...

Von der Leyen insisted that the European Union was “staying the course on the objectives of the European Green Deal” and that climate targets wouldn’t change. The Commission even rearranged some ...