BRUSSELS - The Middle East crisis has increased uncertainty and is affecting both inflation and growth in the euro area, a senior European Central Bank (ECB) official said Tuesday. Speaking at the European Parliament's Committee on Economic and Monetary Affairs in Brussels, Philip Lane, a member of»»»

Eurozone inflation picked up further in May as the Middle East war sent energy costs soaring, official data showed Tuesday, reinforcing the likelihood of an interest rate hike in the single currency area. Consumer price rises accelerated to 3.2% last month, the EU's statistics agency Eurostat said,»»»

Analysts have raised their bets on the ECB hiking interest rates as soon as this month to keep inflation in check. (EPA Images pic) BRUSSELS: Eurozone inflation leapt to 2.6% in March on the back of surging energy prices caused by the war in the Middle East, revised figures from the EU’s statistics»»»

BRUSSELS, Belgium, Sept 2, 2025 (BSS/AFP) - Eurozone inflation was up slightly in August, official data showed Tuesday, fuelling expectations that the European Central Bank will keep interest rates unchanged next week. Inflation in the single currency area rose to 2.1 percent last month from two pe»»»

Speaking to “Il Messaggero”, Tajani confirmed that Brussels has already compiled a list of US products targeted for potential retaliatory tariffs. The move comes in response to US President Donald Trump's latest threat to impose a 30 percent tariff on goods imported from both the EU and Mexico, sta»»»

Former Finance Minister Simeon Dyankov has expressed concerns about Bulgaria’s eurozone prospects, warning that the country may be moving away from joining for years, potentially indefinitely. Speaking to Bulgarian National Radio, he suggested Bulgaria’s timeline has shifted at least two years forw»»»