Euro
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News
E.C.B. Leaves Rates Unchanged but Keeps Door Open for September
The central bank left its key deposit rate at 3.75 percent as inflation in the eurozone is expected to fluctuate throughout the rest of the year.
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News
Europe’s Economic Laggards Have Become Its Leaders
More than a decade after painful austerity, Greece, Portugal and Spain have been growing faster than traditional powerhouses like Germany.
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News
Inflation Cools in Eurozone, Nearing Central Bank’s Target
Prices in the countries that use the euro rose 2.4 percent in the year through March, coming closer to the European Central Bank’s 2 percent inflation target.
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Newyork
Wolfgang Schäuble, German Politician Who Helped Forge European Unity, Dies at 81
A key figure in the reunification of East and West Germany, he was a strict fiscal hawk as finance minister and was once seen as a likely chancellor.
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Newyork
Skepticism of Digital Currency Needs to Be Taken Seriously
The world’s central banks are moving briskly, and it would seem inexorably, toward introducing digital forms of cash. But I think they are underestimating the backlash from people who worry that digital currencies issued by central banks will become ...
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News
Eurozone Inflation Slows Sharply as Energy Costs Continue to Ease
Prices rose at an annual rate of 8.5 percent last month, down from 9.2 percent in December, but signs of persistent cost increases remain.
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News
Europe’s Economy Edges Higher, Heading Off Forecasts of Recession
The eurozone economy grew 0.1 percent late last year, a reflection of modestly rising optimism as energy prices have eased, but risks remain.