European Central Bank President Christine Lagarde said Bulgaria is “well advanced” in the process of meeting the criteria for joining the euro.
European Central Bank President Christine Lagarde predicted that no European Union country will choose to add Bitcoin to its monetary reserves.
European Central Bank policymakers backed further policy easing on Friday just a day after the bank's fourth straight rate cut, despite fresh surveys pointing to continued inflation momentum. The ECB cut interest rates to 2.
was speaking today after interest rates were cut by a further 25 basis points Business Post subscribers can read:
ECB President Christine Lagarde ruled out Bitcoin as a reserve asset for the eurozone’s central banks, citing concerns over liquidity, security, and regulatory risks.
The European Central Bank is cutting its key interest rate, a step to boost an economy that’s struggling to grow as consumers burned by inflation warily eye price tags and businesses try to chart a course amid political turmoil in leading economies
European Central Bank (ECB) President Christine Lagarde reacts as she addresses the media, following the Governing Council's monetary policy meeting at the ECB headquarters, in Frankfurt, Germany, January 30, 2025. REUTERS/Kai Pfaffenbach
"If trade tensions don't escalate, exports should support recovery as global demand rises."
Euro zone inflation will be back at the European Central Bank's 2% target by the summer and interest rates could keep on falling to support the economy, French central bank chief Francois Villeroy de Galhau said just a day after the ECB's fourth straight rate cut.
European Central Bank (ECB) president Christine Lagarde did not mince her words about the wider economic conditions even as she gave Europe’s borrowers another rate cut yesterday.
European Central Bank president Christine Lagarde said it’s improbable that any EU country will choose to add bitcoin to its monetary reserves.