Europe’s spending surge is necessary but must be a one-off as some eurozone members are already struggling to sustain their debt, European Central Bank policymaker Olli...
The eurozone economy is likely to shrink between 8% and 12% this year as it struggles to overcome the impact of the coronavirus pandemic, European Central...
A Franco-German proposal for a 500 billion euro ($546bn) coronavirus recovery fund would bring essential relief to the bloc’s worst-hit nations and demonstrate solidarity, European Central...
The coronavirus-hit eurozone economy probably will not return to its pre-pandemic levels until next year at the earliest, the European Central Bank’s chief economist told El...
The European Commission could open a legal case against Germany over a ruling by the country’s constitutional court that the European Central Bank had overstepped its...
European Central Bank policymaker Olli Rehn on Wednesday (22 April) said the European Union must agree a package to address the economic impact of the new...
Europe will need at least another €500 billion from European Union institutions to finance its economic recovery after the coronavirus pandemic, on top of the agreed...
