The ECB has unveiled a new crisis-fighting tool to counter an "unwarranted" jump in borrowing costs for more indebted eurozone governments as it hikes its interest rates for the first time in over a decade.
The European Central Bank will raise its interest rates on Thursday for the first time in over a decade, but the bank is already under pressure to do more amid record inflation.
Europeans have been living with the euro for 20 years now, but many still point the finger at the single currency for covertly driving up consumer prices -- despite plenty of evidence to the contrary
Will the euro ever challenge the dollar's global dominance? Europe's single currency will soon celebrate its 20th birthday but it needs a eurobond if it truly wants to rival the greenback, analysts say