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Europe’s falling inflation rate not steep enough for ECB rate change

ECONOMY Theodoros Benakis -
Even though inflation dropped to 2.5% in the 20-member eurozone last month, the European Central Bank (ECB) has deemed it insufficient to justify further...

Uncertain future for Western companies in Russia

ECONOMY Theodoros Benakis -
Despite pledging to withdraw from Russia following its invasion of Ukraine, many Western companies continue to operate in the country. Prominent names such as...

ECB cautions about further interest rate cuts

EUROPEAN CENTRAL BANK Theodoros Benakis -
The European Central Bank is working to push inflation in the Eurozone down to 2% but warned that it may take some time, as...

MEPs warn European Central Bank it could be risking its credibility

EUROPEAN CENTRAL BANK Theodoros Benakis -
MEPs on Tuesday warned the ECB it risked its credibility if inflation was not quickly brought down while financing costs remaining high, and called...

MEPs quiz ECB President, focussing on inflation and climate change

EUROPEAN CENTRAL BANK Theodoros Benakis -
On Monday, MEPs quizzed European Central Bank President Christine Lagarde, focusing mainly on inflation and climate change. Delivering her opening statement at her quarterly appearance in front...
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