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Both recession fears and 40-year inflation are crushing the euro and...

Investors' fears of economic recession, as well as data on current inflation developments in the UK, have reached the European common currency. Negative...

The largest buyers of Russian gas are likely to put coal-fired...

Efforts to reduce dependence on Russian natural gas imports lead to surprising considerations. Germany, Italy, Austria and the Netherlands are bringing coal-fired power...

European Commission proposes gas supply agreement to Egypt and Israel

European Union countries could in the near future purchase more natural gas, which is produced in the Eastern Mediterranean by Egypt and Israel. The European...

The European Union’s economy accelerated in the first quarter. The record holder...

The European Union's gross domestic product grew by 5.6 percent year on year in the first quarter of this year. This follows from current Eurostat...

The euro and yen strengthened against the dollar. Swiss franc climbs to...

The single European currency corrected its previous losses against the U.S. dollar in Thursday's trading. The Swiss franc firmed after the latest data on the...

Europe may face fuel shortages, warns International Energy Agency chief

The current energy crisis is much more serious than the one the West faced in the 1970s. Fatih Birol, head of the International Energy Agency,...

The ruble is the strongest since 2015. Thanks to the willingness of...

When the exchange rate of the Russian ruble plunged to 140 rubles to the dollar immediately after the invasion of Ukraine by...

Inflation in the UK has risen to a 40-year high. Local households...

Expensive energy is the main cause of inflation, which in the UK rose in April to its highest level since 1982. British Finance...

We don’t think eurozone will be hit by stagflation, says European...

According to Christine Lagarde, European Central Bank president Christine Lagarde, there is no reason to rush back to normal interest rates in...

What led Eurozone banks to abandon EPI plans

Initially backed by 31 major Eurozone banks, the EPI has abandoned its agenda of creating a pan-European payments scheme, rivaling global payments...

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