The European Central Bank expanded and extended its asset-buying program, announced a new round of cheap loans for banks and vowed to keep an eye on the euro exchange rate as it attempts to shore up the pandemic-hit eurozone economy.
Archive for category: Europe
Translations: French – Italian – Spanish – Turkish – Arabic On the 17th of October, when hundreds of thousands of migrants and sans-papiers will storm Paris from all over France, the Transnational Migrant Coordination calls all migrants, refugees, asylum seekers, collectives, groups and supporters, to demonstrate throughout Europe and beyond. Protests, strikes and riots are …
Eurozone service activity barely expanded in August, according to data released on Thursday, a sign of the halting recovery from the coronavirus pandemic.
The European currency is now at its highest since May, 2018.
How can a company be doing worse open than when it is closed? That’s the puzzle presented on Monday by the latest round of purchasing managers index readings across the globe, showing still depressed conditions.
The major central banks have to keep sending the message that they can and will use every tool, including radical or unprecedented ones, to help governments fight the coronavirus crisis.
EU foreign affairs chief says end of US-led global system may have arrived and Europe needs robust strategy for China
The Asian century may have arrived marking the end of a US-led global system, the EU’s foreign affairs chief has said amid a growing discussion in Europe on how to weave a path between China and the US.
“Analysts have long talked about the end of an American-led system and the arrival of an Asian century. This is now happening in front of our eyes,” Josep Borrell told a group of German diplomats on Monday, adding that the coronavirus pandemic could be seen as a turning point and that the “pressure to choose sides is growing”.