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The Eurozone is experiencing an unexpected slowdown in its labor market, with today's Purchasing Managers' Index (PMI) revealing the first drop in the employment subindex in years. This development...
MILAN (Reuters) - Italian banks and the sector's unions on Thursday signed a new labour contract that will increase workers' pay on average by a gross 435 euros ($474) a month starting from December,...
The European Central Bank (ECB) has indicated a steadfast approach to monetary policy adjustments in response to long-term inflation expectations. The latest minutes from the ECB's October meeting,...
The manufacturing sector in Germany showed a notable improvement in November, with the Manufacturing Purchasing Managers' Index (PMI) reaching a six-month high. The latest figures from the HCOB survey...
STOCKHOLM - Sweden's central bank, the Riksbank, has decided to maintain its policy rate at 4.00%, citing easing inflationary pressures, while also indicating a readiness for future increases should...
Investing.com - European stock markets edged higher Thursday, as investors awaited the minutes from the October ECB meeting as well as the latest regional business activity data. At 03:05 ET (08:05...
The euro experienced a notable increase during Thursday's Asian trading hours, as it crossed the significant threshold of 1.0900, settling at around 1.0905, representing a 0.16% rise. Despite a quiet...
The EUR/USD currency pair remained stable around 1.0900 as markets anticipate the release of Eurozone Purchasing Managers' Index (PMI) figures, with investors looking for signs of economic resilience...
MILAN - At a recent event in Milan, Joachim Nagel, President of the Bundesbank, indicated that the European Central Bank (ECB) might be nearing its terminal rate for interest hikes, signaling a...
By Holger Hansen and Andreas Rinke BERLIN (Reuters) -German Chancellor Olaf Scholz's coalition on Wednesday indefinitely postponed talks on next year's budget as it struggled to find a way out of a...
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