Trump threatens 50% tariff on EU
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European shares dropped sharply on Friday after U.S. President Donald Trump cranked up threats of tariffs on the European Union and smartphone giant Apple, reigniting fears of the economic damages caused by trade wars.
The European Central Bank (ECB) is warning that the past month's stock market recovery is at risk amid ongoing geopolitical uncertainty.
Across the Atlantic, the euro was designed to be more than a regional currency. From its inception in the 1990s, its architects envisioned not only greater monetary stability and economic integration within Europe, but also a currency that could rival the dollar on the global stage.
A Slovak court will rule on May 29 whether Slovak National Bank Governor and European Central Bank policymaker Peter Kazimir is guilty of corruption, Slovak media reported on Friday.
Water has emerged as the single biggest nature-related risk to euro area economy, according to the European Central Bank and researchers at the University of Oxford.
The Central Bank has confirmed that Derville Rowland, Deputy Governor Consumer and Investor Protection at the bank, will join the newly established Anti-Money Laundering Authority (AMLA).
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Researchers at the University of Seville have analyzed interdependencies between fiscal and monetary policies and economic growth in Eurozone countries. The study highlights the need for greater coordination between the monetary policy of the European Central Bank (ECB) and national fiscal policies.
European and Asian stocks closed higher on Tuesday while Wall Street was trading slightly lower, without any major economic data to set a firm direction. The dip of the main US indices came as the ...
The European Union is set to delay new, global rules governing banks' trading again as it waits for more clarity about the U.S. administration's plans to deregulate its financial sector, sources told Reuters.