Yanis Varoufakis, a former finance minister of Greece, is leader of the MeRA25 party and professor of Economics at the University of Athens. Copyright: Project Syndicate, 2023.

As expected, the ECB cut rates by 25 basis points, with markets pricing in further policy easing.

Diageo has warned Ireland is “lagging significantly behind” the EU when it comes to non-alcoholic consumption, warning ...

Pablo Hernandez de Cos, a former governor of the Bank of Spain, is poised to succeed Agustin Carstens at the helm of the Bank for International Settlements, according to people familiar with the ...

according to European Central Bank President Christine Lagarde. As an open economy, the continent is more exposed than others to the adverse effects of change, she told fellow policymakers in a ...

Christine Lagarde has warned that a second Donald Trump’s presidency would be a risk to the eurozone economy as the ECB cut ...

Christine Lagarde tried to play down growth concerns and rather emphasised fading inflationary pressure. Even if Christine Lagarde and her team avoid providing forward guidance, it appears the ...

Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to lower the benchmark interest rate by 25 basis points at the October policy meeting and responds to ...

Following the ECB's rate cut, the Euro and British pound weakened against the U.S. dollar. See more on global economic ...

Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to lower the benchmark interest rate by 25 basis points at the October policy meeting and responds to ...

The European Central Bank, which sets interest rates for the 20 countries that use the euro currency, is expected to cut ...

That said, ECB president Christine Lagarde tried to play down growth concerns and rather emphasised fading inflationary pressure. During the press conference, Ms Lagarde argued that today’s rate-cut ...