Germany and France see contraction as euro zone stalls in Q4
The euro zone economy stagnated in the fourth quarter of 2024, registering zero growth, according to preliminary data released by Eurostat on Thursday. The figure...
Tag : rate cut
ECB lowers deposit rate to 3.5% as inflation nears target
MENA Newswire News Desk: In a move widely anticipated by economists, the European Central Bank (ECB) cut its key deposit rate by 25 basis points to...
ECB slashes rates, addressing inflationary pressures in Euro zone
The European Central Bank (ECB) has announced its first interest rate cut since 2019, reducing the key rate from 4% to 3.75%. The decision, which...