Finance ministers and central bank chiefs from the Group of 20 developed and developing nations have gathered in South Africa for a two-day meeting.
The European Central Bank is poised to give Italy's UniCredit the green light to build up its stake in German rival Commerzbank, a person familiar with the matter told Reuters, a move that could pave the way for Europe's biggest cross-border banking deal since the global financial crisis.
(CN) — Annual inflation in the eurozone and European Union is drifting away from a 2% goal established by the European Central Bank in 2024. According to a report released Monday by Eurostat, the annual inflation rate climbed to 2.5% in the eurozone in January and 2.8% in the broader European Union.
Moving, tragic, surprising, inspiring, terrifying, shocking... This is a selection of images from our planet, over the past weekend.
ECB is already considering a central bank digital currency known as the digital Euro.Blockchain technology could feature heavily.
In a speech delivered on February 21, 2025, at the European Parliament plenary debate on the ECB Annual Report, ECB President Christine Lagarde provided an
Thousands of supporters of Bulgaria's ultra-nationalist pro-Russian Vazrazhdane (Revival) party fought with police on February 23 as they attempted to storm the European Union mission in Sofia during a protest against the country's planned adoption of the euro.
The anti-government protesters, chanting "Resignation" and "No to the Euro", threw red paint, firecrackers and Molotov cocktails at the EU building in the capital Sofia, setting the front door on fire before the police pushed them away.