Europe News

Some central bank watchers believe the Fed and the ECB will have to stop their tightening cycles because of an upcoming recession.Olivier Douliery | AFP | Getty ImagesCentral banks around the world might have embarked upon a path of…

The ECB is heading to a critical meeting in July with a rate rise expected and investors awaiting details of its new fragmentation tool.Daniel Roland | Afp | Getty ImagesA member of the European Central Bank told CNBC Wednesday that…

One type of hydrogen production uses electrolysis, with an electric current splitting water into oxygen and hydrogen. If the electricity used in this process comes from a renewable source then some call it "green" hydrogen.Alex Kraus |…

Christine Lagarde, President of the European Central Bank. The central bank scheduled an emergency meeting to address higher bond yields.John Thys | Afp | Getty ImagesThe European Central Bank announced Wednesday that it plans to create…

The European Central Bank should move quickly to raise interest rates in order to tackle soaring inflation, according to Finland's central bank chief.His comments come as the U.S. Federal Reserve and the Bank of England's tightening…

Deutsche Bank reported Wednesday its seventh consecutive quarterly profit, but warned that the current environment is "challenging" and "cost pressures have intensified."The German lender said net profit reached 1.06 billion euros ($1.13…

A view of damage in the Ukrainian city of Mariupol under the control of Russian military and pro-Russian separatists, on April 17, 2022.Anadolu Agency | Anadolu Agency | Getty ImagesThe International Monetary Fund on Tuesday cut its…

A wind turbine in an energy park operated by EDP's renewables unit, EDP Renovaveis, in Maunca, Portugal, on June 18, 2018.Daniel Rodrigues | Bloomberg | Getty ImagesThe CEO of Portuguese utility EDP has linked the rapid adoption of…

Cooling towers at the Tricastin Evolutionary Power Reactor nuclear power plant in France.Bloomberg | Bloomberg | Getty ImagesLONDON — The European Union must decide whether nuclear is a clean source of energy, but the decision is tough…

European Central Bank President Christine Lagarde.Handout | Getty Images News | Getty ImagesThe European Central Bank decided Thursday to keep interest rates and its monetary policy stance unchanged despite ongoing inflationary…