Keywords: Eurozone economy


Germany’s Inflation Hits 3.3% as Energy Costs Surge to a Three-Year High

Germany’s annual inflation rate climbed to 3.3% in September 2026, reaching its highest level since December 2023 as rising energy costs placed renewed pressure on households and businesses. The Federal Statistical Office confirmed the preliminary figures on Tuesday, highlighting energy prices......

ECB: Markets Bet on New Rate Hike in September

Financial markets are strengthening their expectations for a new monetary tightening by the European Central Bank (ECB) during its meeting on September 9 and 10. According to market reports this week, the institution could raise its deposit rate by 25 basis points to 2.50%, following an initial hike......

European stocks rebound after longest losing streak since 2023

European stock markets regained momentum on Friday, bringing an end to seven consecutive sessions of losses, the longest such decline since September 2023. Improving investor sentiment, calmer bond markets and signs of stronger economic activity in the eurozone helped support the recovery. Markets were......

ECB faces renewed inflation challenge as US-Iran conflict pushes energy prices higher

The European Central Bank (ECB) is once again confronting mounting inflationary pressures as renewed hostilities between the United States and Iran drive energy prices higher, complicating the eurozone's monetary policy outlook. Speaking on Friday, Yannis Stournaras, a member of the ECB's Governing......

Germany's services sector shrinks again in June as business conditions show signs of stabilizing

Germany's services sector remained in contraction for a third consecutive month in June, although the pace of decline eased as cost pressures moderated and business activity proved more resilient than initially estimated. The latest HCOB Germany Services Purchasing Managers' Index (PMI), compiled......

ECB inflation concerns persist despite falling oil prices, policymakers warn

European Central Bank (ECB) policymakers have cautioned that inflationary pressures in the eurozone are likely to persist despite a recent decline in global oil prices, underscoring ongoing uncertainty about the trajectory of monetary policy in the region. Speaking at the ECB Forum in Sintra, Portugal......

ECB wage tracker signals cooling pay growth despite inflation pressures

The European Central Bank (ECB) has reported that wage growth across the eurozone is gradually slowing, suggesting that recent inflationary pressures have not triggered a sustained surge in pay demands among workers. According to the ECB’s latest wage tracker data, negotiated wage growth is expected......

ECB policymaker says eurozone recession concerns are “real and justified”

A senior European Central Bank (ECB) policymaker has warned that concerns about a possible recession in the eurozone are “real and justified,” citing growing geopolitical tensions and economic uncertainty linked to the conflict in the Middle East. Yannis Stournaras, Governor of the Bank......

Eurozone growth outlook cut as Iran conflict fuels stagflation fears

The eurozone economy slipped into contraction in April as escalating tensions involving Iran disrupted energy flows and weakened demand across the bloc. The closure of the Strait of Hormuz pushed oil prices higher, eroded consumer confidence, and drove business sentiment to its lowest level in nearly......