The head of the European Central Bank said that the economy is rebounding but that the recovery remains uncertain, incomplete and dependent on containing the virus outbreak.
The European Central Bank has to maintain the "safety net" of its massive bond purchases at least until June 2021 to help underpin the economy, the ECB's President Christine Lagarde said on Friday, reaffirming the bank's policy stance.
International Monetary Fund Managing Director Christine Lagarde warned on Saturday that the increasing presence of technology giants using big data and artificial intelligence
The European Central Bank raised interest rates for the fourth time in a row on Thursday, although by less than at its last two meetings, pledged further hikes and laid out plans
Eurozone business activity shrank at the slowest pace in four months in December, suggesting a likely recession ahead will be shallower than previously thought, a survey showed on Friday,
European Central Bank chief Christine Lagarde warned on Thursday that the pandemic still poses “serious risks” to the eurozone economy as concerns grow about new virus variants and sluggish vaccination campaigns.
The newly-elected top European Union (EU) leaders who take office on Nov.1 are no more likely to adopt and implement region-friendly policies than their predecessors were.
For purist feminists with an eye on Europe, the past week has been pretty good. After decades of male dominance at the top of two of Europe’s most powerful institutions, Ursula von der Leyen and Christine Lagarde unexpectedly secured the backing of the bloc’s leaders to head up the European Commission and the
Eurozone governments will try to bolster their public finances next year by withdrawing expensive energy price subsidies but slower economic growth and fear of angering voters are likely to limit fiscal tightening, officials said. The European Central Bank has called for governments to roll back subsidies introduced