Europe News
ECB Raises Deposit Rate to 2.5% as Energy Shock Pushes Eurozone Inflation Higher
The ECB has raised its deposit rate to 2.5% as higher energy costs push eurozone inflation higher, affecting…
inflation
Europe News
EU Ministers Weigh Windfall Tax as Energy Prices Fuel Inflation Concerns
EU ministers are examining a possible windfall tax on energy firms as oil prices rise and energy volatility…
Europe News
Portugal Plans Income Tax Cut and Pension Bonus as Fuel Prices Rise
Portugal plans an income tax cut and pension bonus as fuel prices rise, but experts warn that weaker…
Europe News
Federal Reserve raises interest rates as inflation remains elevated
The Federal Reserve raised rates to 3.75%–4% in a unanimous vote, signalling tougher action on inflation with potential…
News
Energy Revolt: How the Iran War Is Driving Global Protests
Fuel prices above $100 a barrel are triggering protests, shortages and political pressure from Portugal to Bangladesh, with…
Europe News
US Treasury Yield Briefly Tops 5% as Bond Sell-Off Spreads Across Europe
US 10-year Treasury yields briefly topped 5% as energy prices and borrowing pressures drove a wider bond sell-off…
Europe News
Oil prices rise above $108 after Hormuz vessel attack and Saudi pipeline shutdown
Oil prices climbed above $108 after a vessel attack in the Strait of Hormuz and Saudi Arabia’s temporary…
Europe News
Eurozone inflation rises to 2.9% as energy pressures cloud ECB outlook
Eurozone inflation rose to 2.9% in July, adding pressure on the ECB as policymakers weigh the next interest-rate…
Europe News
Eurozone inflation rises to 2.9% as energy pressures return
Eurozone inflation rose to 2.9% in July, keeping pressure on the ECB as energy costs and uneven national…
Europe News
Eurozone inflation rises to 2.9% as energy pressures complicate the ECB outlook
Eurozone inflation rose to 2.9% in July, increasing pressure on the ECB as energy costs and uneven national…
Europe News
Oil rebounds as European markets eye steadier open after Wall Street rally
Oil prices rose again as European markets looked set for a steadier open after Wall Street rallied on…
Europe News
Europe’s minimum wage map in 2026 shows why pay alone does not tell the full story
Eurostat’s 2026 data shows Europe’s minimum wage rankings change sharply once purchasing power and inflation are taken into…
Europe News
Oil price shock from Hormuz disruption raises pressure on Europe’s energy markets
Disruption in the Strait of Hormuz is pushing up oil prices, profits and inflation risks, with clear consequences…
Europe News
ECB holds rates as trade tensions and oil risks cloud the eurozone outlook
The ECB has held rates at 2.25% as easing inflation is offset by oil-price risks and rising trade…
Europe News
Europe News: Spain’s Wildfires Cost Billions as Economic Pressures Mount Across Europe
Europe news focus: Spain's wildfire costs could hit €3.275 billion, adding to inflation, trade and debt pressures across…
Europe News
Oil Prices: Oil prices plunge as US and Iran pause strikes over Strait of Hormuz
Oil prices fell sharply after the US and Iran paused strikes, but risks around the Strait of Hormuz…
Europe News
Europe News: Russian Central Bank Cuts 2026 GDP Forecast to Near Zero as Inflation Risks Rise
Russia cuts its 2026 GDP outlook to near zero and raises inflation forecasts as fuel shortages deepen economic…
Europe News
Europe News: Oil Prices Rise as Middle East Conflict Shakes European Markets
Oil prices, inflation and geopolitical tension are shaking European markets, with major implications for Europe, Ireland and household…
Europe News
Dollar-Rial Surge: US dollar hits record high in Iran as rial sinks amid renewed conflict
Europe news roundup: Iran’s rial hits a record low against the US dollar as renewed conflict drives inflation…
Europe News
Europe News: Heatwaves Could Push Europe Food Prices Higher in 2027
Europe heatwaves could push food prices higher next year, with ripple effects for Ireland as crop damage raises…