The Latest Breaking News from eurozone

London (AFP) - Europe's equities rebounded Wednesday as the European Central Bank began an emergency meet to discuss volatile eurozone bond markets and soaring inflation, while investors also braced for a major US rate hike.

Frankfurt (AFP) - European Central Bank policymakers called an emergency meeting on Wednesday, as more indebted eurozone states have come under pressure from rising borrowing costs.

The European Central Bank (ECB) will raise interest rates next month for the first time in 11 years in a bid to control soaring inflation, ending a stimulus scheme to support the economy during the Covid-19 pandemic.

The European Central Bank is setting the stage to raise interest rates in July, for the first time since 2011. Policymakers have been under growing pressure to tackle soaring inflation, which hit a record 8.1 percent in the eurozone in May. Frédérik Ducrozet, Head of Macroeconomic Research at Pictet Wealth…

The European Central Bank (ECB) has confirmed speculation that it will become the latest central bank to start raising headline interest rates to try to ward off inflation. The bank is to raise rates by 0.25 points to 0.25% for lending and -0.25% for deposits, with plans for another rise…

Amsterdam (AFP) - The European Central Bank on Thursday said it would raise interest rates for the first time in over a decade next month to combat runaway inflation, bringing the curtain down on the eurozone's era of cheap money.

London (AFP) - Equity markets mostly fell Thursday as inflation fears gain momentum, with all eyes on the outcome of a European Central Bank policy meeting aimed at tackling soaring consumer prices in the eurozone.

The European Central Bank is set to announce the end date to its bond-buying stimulus on Thursday, as concerns over the accelerating pace of inflation in the eurozone grip policymakers. The stop is a prelude to the ECB hiking rates for the first time in over a decade in the…

Amsterdam (AFP) - The European Central Bank is set to announce the end date to its bond-buying stimulus on Thursday, as concerns over the accelerating pace of inflation in the eurozone grip policymakers.

The global surge in inflation has brought to an end a long period of low interest rates and forced central banks around the world to try to bring prices under control by raising borrowing costs. Inflation in the eurozone soared to an all-time peak of 8.1 percent in May, precipitating…

Frankfurt (AFP) - The European Central Bank is set to draw a line under its massive bond-buying stimulus programme at a meeting in Amsterdam on Thursday, as inflation in the eurozone soars to all-time highs.