European Central Bank

The trade war could export China’s deflation to Europe warns Klaas Knot. China could start selling its goods to Europe at reduced prices if the US launches a trade war by imposing new tariffs, according to the European Central Bank board member.

According to Article 31 of the Constitution, anyone can be elected President of the Republic provided they are a Greek citizen for at least five years, are of Greek descent from either their father or mother, are at least 40 years old, and have the legal capacity to vote.

Hello! Today we wrap up for the first round of Christmas holidays with warm wishes to all our readers—for health, happiness, and peace of mind. May there be less “toxic material” around us. As I close with these wishes, I can’t help but comment on something that doesn’t annoy me but… amazes me.

Bulgaria is nearing the fulfillment of its last nominal criterion for joining the eurozone, with expectations set for mid-January.

Hello, holidays and vacations are arriving with good weather, a bit of chill, and some snow, normal for the season. We hear about upcoming natural disasters almost every other day, but thankfully we don’t see them materializing. On the contrary, roads and shops are jam-packed, and hotel and airline bookings, both domestic and international, are nearly sold out.

The Interim Report of the Bank of Greece on Monetary Policy 2024 was submitted today to the Speaker of the Greek Parliament and the Council of Ministers.

The European Central Bank should keep cutting interest rates by small increments and there is no need to ease policy to a level that starts stimulating economic growth, Cypriot policymaker Christodoulos Patsalides has said.

The opposition leader attributed the announcements the prime minister is to make tonight on banks to pressure from PASOK while making it clear that his party is not proposing the administrative determination of interest rates – as the government claims – but is calling for the implementation of a Supreme Court ruling that banks are obliged to lower them when the ECB’s interest rates are reduced

The largely expected European Central Bank rate cut by 25 basis points and the mild rise of European stocks led Athinon Avenue to a day of gains on Thursday. Energy blue chips, such as Metlen, led the bourse higher as banks show some fatigue, while mid-caps had a rather weak day.

Interest rates for some 400,000 housing loans concluded with a floating rate and whose installments had frozen at the levels of May 2023, when the European Central Bank's interest rate was at 3.5% and the 3-month Euribor at 3%, are now free to decline.