Tag: eurozone

Croatia thinks of euro adoption as a safe decision – here’s why

Croatia thinks of euro adoption as a safe decision – here’s why

Croatia finally adopted the common EU currency. The nation thinks this is a secure and unifying step, which will boost the economy.
ECB pulls up to €300 billion out of the eurozone

ECB pulls up to €300 billion out of the eurozone

The money will come from banks in the eurozone as part of the repayment of a long-standing loan. This is an effort to fight inflation.
Is gas really that expensive? A look into the energy crisis

Is gas really that expensive? A look into the energy crisis

The energy crisis caused a massive surge in the price of European natural gas, but this wild ride seems to be over.
ECB follows Fed and lifts interest rates by 75bps

ECB follows Fed and lifts interest rates by 75bps

The Eurodollar hovered around parity as the European Central Bank lifted interest rates by 75 bps as expected.
European car production could fall by 40%

European car production could fall by 40%

Under the worst-case scenario, such a huge reduction in production could happen by 2023. The energy crisis is mainly to blame.
EC wants to withdraw €7.5 billion from Hungary

EC wants to withdraw €7.5 billion from Hungary

According to the EC, Hungary is not doing enough to fight corruption and is problematic in awarding public contracts.
Soft economic activity sent crude oil down to year’s support

Soft economic activity sent crude oil down to year’s support

Possibly lower supply disruptions of crude oil and soft economic activity in the Eurozone sent black gold to test the 95$ price tag.