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How much have eurozone countries agreed to lend Greece? Under a deal agreed by finance ministers meeting during an emergency telephone conference on Sunday, eurozone countries have agreed to lend [...]

Recovery Sweden's central bank has predicted it will raise interest rates earlier than previously forecast in a sign of confidence that European economic recovery is gathering pace. The Riksbank left [...]

Story label The European Central Bank sounded a note of caution on the eurozone's economic rebound yesterday, forecasting only a 'very gradual recovery' and hinting that growth could be thrown [...]

Eurozone annual inflation has turned negative, does that mean deflation? No, at least not if you accept European Central Bank terminology. It defines deflation as a protracted period when prices [...]

Central bank's move smaller than expected The European Central Bank cut interest rates yesterday by a smaller-than-expected quarter percentage point, triggering a sharp rise in the euro. The interest rate [...]

Bank gloomier as recession worsens Borrowing costs could drop further Eurozone interest rates fell another half percentage point to a record low yesterday after the European Central Bank turned much [...]

News Analysis Frankfurt shows little taste for the radical reduction of policy rates by its peers, writes Ralph Atkins The European Central Bank shows few signs of succumbing to mounting [...]

News Analysis Inflation at lowest level in two years Currency continues slide against dollar The euro fell yesterday after eurozone inflation tumbled to its lowest level in more than two [...]

GDP expected to contract next year SNB lowers outlook for inflation Switzerland has cut its interest rates for the fourth time in two months to counter a looming sharp downturn [...]

Interest rates were slashed by another percentage point yesterday, bringing the official cost of borrowing down to 2 per cent, equal to the lowest rate since the Bank of England [...]

Lowest level expected since Bank founded Economic news points to prolonged recession Financial markets were braced for large interest rate cuts across Europe today, as bad economic figures continued to [...]

Switzerland Switzerland's central bank unexpectedly slashed interest rates yesterday for the third time in six weeks, as one of Europe's more resilient economies reacted to the risks of a marked [...]

IMF predicts recession in leading economies Equity markets plunge amid fears for profits Interest rates were slashed across Europe yesterday as the continent's central bankers decided the outlook for their [...]

Signs are emerging that the European Central Bank will soon cut eurozone interest rates again, as plummeting growth prospects and tumbling inflation clear the way for a sustained loosening of [...]

The eurozone has slipped significantly closer to recession but there is little sign that the European Central Bank will this week dramatically change its view on the inflation outlook for [...]

Hopes of rise in value in five years Britons gloomiest in short term Europeans have high hopes that the value of their houses will rise over the next five years, [...]

Main rate has been 4% for a year Response to rising food and oil prices Eurozone countries were put on alert yesterday that interest rates were likely to rise next [...]

Outlook changed by soaring oil price Eurozone inflation has surged back to the record levels seen earlier this year, German data suggested yesterday, as soaring oil prices all but ruled [...]

Fears over inflation dangers remain Bank's decision was unanimous Eurozone interest rates were firmly on hold yesterday after the European Central Bank made clear its inflation fears remained undiminished. Meeting [...]

Fears about the impact of the global financial crisis vary markedly across Europe, with the Italian, Spanish and French worrying most, according to a new survey. More than half of [...]

Prices in the US rose at an unexpectedly rapid rate last month, figures showed yesterday, raising fears that the world's biggest economy was going through at least a temporary bout [...]

A cut in eurozone interest rates in coming months became significantly more likely yesterday after the European Central Bank acknowledged the gloomier economic outlook and softened its hardline stance on [...]

Investors are predicting interest rates will fall to 4.5 per cent by the end of the year after the Bank of England yesterday announced a quarter-point rate cut, its second [...]

When the European Central Bank met last month to discuss interest rates, Jean-Claude Trichet, its president, said just two options were discussed - to increase rates or keep them unchanged [...]

When the European Central Bank met last month to discuss interest rates, Jean-Claude Trichet, its president, said just two options were discussed - whether to increase rates or keep them [...]

When the European Central Bank met last month to discuss interest rates, Jean-Claude Trichet, its president, said just two options were discussed - whether to increase rates or keep them [...]

Europeans are convinced they will be hit by budgetrestricting price rises this year, according to a survey that highlights widespread inflation fears across the continent. The results of the latest [...]

In a dramatic change of tone, Ben Bernanke yesterday indicated that the Federal Reserve is ready to cut interest rates aggressively to ward off the risk of a US recession. [...]

France has largely escaped the surge in European processed food prices that has heightened inflation fears at the European Central Bank - while German and Spanish consumers have borne far [...]

Tumbling eurozone high street sales have highlighted the fragile economic outlook for the 13-country region as the European Central Bank prepares for its interest rate setting meeting today. Retail sales [...]

Rapid food price increases are fuelling consumer fears about overall inflation in the eurozone, the European Central Bank has warned, as official data confirmed that the rate of price rises [...]

The European Central Bank appeared yesterday to have concluded that the global financial situation had made further eurozone interest rate increases significantly less likely, but it refused to rule out [...]

LONDON, FRANKFURT and NEW YORK -- The scale of the credit squeeze yesterday forced the Bank of England to put a brake oninterest rate rises that had seemed all but [...]

LONDON -- The European Central Bank signalled yesterday that it might still increase its main interest rate again next month - even as it launched its second emergency liquid-ity-boosting operation [...]

LONDON and FRANKFURT -- European interest rates were on the rise yesterday after the Bank of England announced another increase in borrowing costs and the European Central Bank signalled that [...]

FRANKFURT -- The eurozone economy is enjoying a springtime surge, according to a rash of recent data, with economicsentiment at a six-year high and German industry blooming. But how far [...]

DUBLIN -- A painful housing crash is unlikely in Ireland, one of Europe's top performing economies, and its economic growth rate will remain robust for at least the next few [...]

FRANKFURT -- Eurozone corporate borrowing grew last month at the fastest rate since the euro's launch in 1999, while money supply figures, which the European Central Bank watches closely, also [...]

FRANKFURT and PARIS -- Eurozone house price growth is cooling markedly in parallel with a slowdown in US housing markets, according to bankers and economists. The deceleration in the eurozone [...]

BERLIN and FRANKFURT -- When Germany's value-added tax goes up by three percentage points next January, the politicians who gather every day at the Standige Vertretung, a favourite watering hole [...]

FRANKFURT and LONDON -- The European Central Bank stepped up its inflation warnings yesterday as it hinted strongly that interest rates would rise in October, and probably again in subsequent [...]

FRANKFURT -- The European Central Bank stepped up its inflation warnings yesterday, hinting strongly that interest rates would rise in October, and probably again in subsequent months. Jean-Claude Trichet, the [...]

FRANKFURT -- Just two words from Jean-Claude Trichet, European Central Bank president, conveyed the bank's thinking on future interest rate moves. His warning earlier this month that the ECB would [...]

FRANKFURT -- Hungary's central bank yesterday lifted its main interest rate by a surprise half percentage point rise to 6.75 per cent as the country struggles to head off a [...]

FRANKFURT -- Soaring eurozone private sector borrowing and money supply figures yesterday gave extra ammunition to European Central Bank hardliners in the battle against inflation ahead of next week's interest [...]

FRANKFURT -- The European Central Bank yesterday put the eurozone on alert that interest rates would almost certainly rise again next month - and that a larger-than-usual half percentage point [...]

FRANKFURT -- The industrial sector has helped Germany reclaim its position as continental Europe's economic powerhouse, with business confidence hitting a 15-year high. The rise in the Ifo confidence indicator [...]

FRANKFURT -- Jean-Claude Trichet, European Central Bank president, made clear yesterday that the ECB would not rush interest rate increases, with the next rise likely in June, rather than May [...]

Just how 'vigilant' will Jean-Claude Trichet, president of the European Central Bank feel today? Financial markets are keen to know. In order to signal that interest rate rises were coming [...]

FRANKFURT and BERLIN -- German business confidence surged to a 15-year high in March and eurozone credit growth accelerated strongly last month, boosting the case for an early increase in [...]