Eric Dor News Today

Eastern European countries have a competitiveness problem amid successive wage increases in recent years, and the foreign direct investment they benefit from could suffer, according to a recent study carried out by the IESEG School of Management, taken over by the French publication Les Echoes.

Halfway through an eight-year stint as head of the European Central Bank, Christine Lagarde has cause to cheer as inflation finally slows after an unprecedented streak of interest rate hikes. Should further shocks arise, Dor said Lagarde could be left facing the dilemma of either adopting a "wait-and-see approach" -- knowing that the ECB already received criticism for reacting slower than other central banks when prices started climbing -- or raising rates further.

Halfway through an eight-year stint as head of the European Central Bank, Christine Lagarde has cause to cheer as inflation finally slows after an unprecedented streak of interest rate hikes.

Halfway through an eight-year stint as head of the European Central Bank, Christine Lagarde has cause to cheer as inflation finally slows after an

Halfway through an eight-year stint as head of the European Central Bank, Christine Lagarde has cause to cheer as inflation finally slows after an unprecedented streak of interest rate hikes.

European Central Bank policymakers looked set to deliver another interest rate increase on Thursday as their fight against eurozone inflation reaches the one-year mark with consumer prices still rising fast.

The ECB last increased its interest rates on 15 June by 0.25%.

FRANKFURT: The European Central Bank on Thursday (Jul 27) raised borrowing costs a quarter percentage point, taking a key rate to its highest level since early 2001 as its battle against surging inflation reached the one-year mark. The central bank's ninth straight increase took the closely-watched deposit

Fears that the end of the Ukraine grain deal will raise food prices once more

FRANKFURT (AFP) – European Central Bank (ECB) policymakers look set to deliver another interest rate increase as their fight against eurozone inflation reaches the one-year mark with consumer prices still rising fast. The ECB began lifting borrowing costs in July last year to combat soaring prices, kicking off the most aggressive hiking cycle in the […]