MILAN (Reuters) -Banks across the European Union are strong enough to weather an economic shock driven by geopolitical and trade tensions, the European Banking Authority said on Friday as it presented ...
The continent must move away from a growth model that is driven by exports, the European Central Bank president said.
A van carrier transports a container from shipping company MSC between countless containers at the Tollerort container terminal in the port of Hamburg, Germany, on July 9, 2025. (Marcus Brandt / dpa ...
Scott Bessent said he was optimistic about the economy as a whole but acknowledged that some interest rate-sensitive sectors ...
The euro zone has returned to recession, according to a prestigious survey closely watched by central bankers and economists. Output in the currency union has fallen for the second straight month, ...
European banks have been battered in the wake of U.S. President Donald Trump's sweeping and more-aggressive-than-anticipated tariffs. Stream Los Angeles News for free, 24/7, wherever you are. In ...
BRUSSELS (Reuters) - Tensions over state support for banks surfaced as European Union finance ministers met on Tuesday to discuss how much money governments could mobilise to combat recession.