Winners and losers of the ECB’s rate hike
The European Central Bank is set to turn the page on years of easy money when it begins to hike its interest rates to tame runaway inflation. Who wins and loses when borrowing costs go up?
ECB goes on offensive as inflation pressure mounts
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.
How long will it take to get over the inflation hump?
Inflation has surged back to levels not seen in many developed economies since the 1970s and 1980s. Economists and central bankers at the European Cental Bank's conference in Portugal warn it will take time before price rises cool.
French-German recovery plan faces tough Brussels test
The road to clinch an EU recovery plan remains difficult, officials have warned, despite the surprise entente between Berlin and Paris to back a 500 billion euro rescue