Eurozone – Page 7

ECB Surprises With Big Rate Rise, Its First in 11 Years

Policymakers are trying to slow soaring inflation while avoiding a recession among the countries that use the euro.

Euro Hits Parity With U.S. Dollar for First Time in 20 Years

In recent months, pressure on the euro has been mounting while investors have been flocking to the U.S. dollar, a haven in times of economic upheaval.

Inflation Is Posing 19 Problems for One Central Bank

After more than a decade of worrying about low inflation, the European Central Bank is trying to tackle the problem of high inflation across the eurozone’s economies.

Eurozone Inflation Hits Highest Level Since Creation of the Euro

The economic toll of Russia’s war on Ukraine keeps widening, with price rises in Germany hitting a record and inflation in Estonia topping 20 percent.

Weakened Euro May Become Equal to the U.S. Dollar

The euro hasn’t fallen below the one-to-one exchange rate with the U.S. dollar for two decades. But as economic risks grow, more analysts predict deeper lows for the shared currency.