Eurozone Wage Growth Eased Slightly at End of 2023
By Ed Frankl Wages in the eurozone cooled a little in the fourth quarter, likely an encouraging sign for European Central Bank policymakers in showing that some inflationary pressures are...
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By Ed Frankl Wages in the eurozone cooled a little in the fourth quarter, likely an encouraging sign for European Central Bank policymakers in showing that some inflationary pressures are...
Negotiated euro zone wage growth slowed in the final quarter of last year, confirming market expectations that pay growth has peaked although it remains far above a level consistent with 2%...
The European Parliament’s recent decision to relax the budget rules for its member states could cause a new euro crisis, according to Nout Wellink, former president of De Nederlandsche Bank (DNB). The laxer rules increase the chance that large countries like Italy, Spain, and France won’t get their high government debts under control, causing tensions in the eurozone, Wellink told the Telegraaf.
Irish-based multinationals skewed European data to the upside in December, despite the country being in a technical recession.
Economists debate whether the real neutral rate seen as key to balancing economies has risen from pre-COVID lows, keeping rates up. Read on.