Tag: Euro zone

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Euro area banking sector is resilient, says Lagarde

The president of the European Central Bank (ECB) Christine Lagarde has said the euro area banking sector is resilient, with strong capital and liquidity...

Banks pile into euro zone bond sales as rates shoot up

Banks are becoming the leading buyers of some euro zone governments' bond sales, taking advantage of surging interest rates as the European Central Bank...

Euro zone lending growth slows again amid downturn

Euro zone bank lending fell again in January while cash and liquid deposits declined for the first time ever as rapid central bank rate...

Euro zone inflation marginally higher in Jan; core also lifted

Euro zone inflation was only a touch higher in January than earlier estimated, Eurostat said on Thursday, confirming that price growth is now well...

Euro zone inflation could fall faster than thought, ECB’s De Cos says

Euro zone inflation could fall faster than earlier thought given a host of positive developments in recent months but past price hikes and a...

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Nigeria strikes deal with Shell to supply $3.8 billion methanol project

Nigeria has struck a deal for Shell (SHEL.L), opens new...

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Africa's immense economic potential is being undermined by non-transparent...

IMF: South Africa needs decisive efforts to cut spending

South Africa needs more decisive efforts to cut spending...

World Bank sounds alarm on ‘historical reversal’ of development for poorest nations

Half of the world's 75 poorest countries are experiencing...

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