European Union | ForexMag

The bad mood in the industry of countries paying in the euro seems to have culminated.

News

Eurozone industry is past its worst, the purchasing managers’ index suggests

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The bad mood in the industry of countries paying in the euro seems to have culminated. This follows from data on the Purchasing Managers' Index...

Too rapid wage growth in the euro area is a risk that could contribute to inflation remaining at record levels for longer in euro-denominated countries.

News

European Central Bank must push for lower wage growth, Lagarde urges

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Too rapid wage growth in the euro area is a risk that could contribute to inflation remaining at record levels for longer in euro-denominated...

The export embargo by Russia will be in place for five months so far. The Kremlin's retaliatory measure comes after countries in the European Union and the Group of Seven of the world's economically strongest nations (G7) agreed to impose a price cap on Russian oil.

Economy

The Kremlin has put a “ban” on Russian oil exports to...

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From February next year, Russia will stop exporting oil to European Union and G7 countries. Russian President Vladimir Putin issued a decree on the basis...

The European single currency was weakening just before the European Central Bank's base interest rate was announced.

Crypto

Tougher regulation of cryptocurrencies is about to come. European Commission wants to...

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Preventing avoidance of paying taxes on earnings on cryptocurrency assets or making it harder to circumvent anti-Russian sanctions. These are the main reasons for the...

Crypto

ECB to raise interest rates in small steps next year, Governing...

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If interest rates need to be raised in 2023, the Governing Council will do so in smaller steps. Gabriel Makhlouf, Governor of the Central Bank...

The annual inflation rate in the European Union reached 11.5 percent in October. This is 0.6 percentage points more than in September. Prices increased by 1.4 percent month-on-month, Eurostat, the European statistical office, said.

Economy

Inflation in the European Union has risen again.The old member states...

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Highest inflation in Estonia Although it is still true that Estonia has the highest annual inflation, some of the old Member States of the European...

The wholesale price of natural gas fell below 100 euros per megawatt-hour during Monday. This is the first time this has happened since June.

Commodities

Natural gas on the European market continues to get cheaper. The...

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The wholesale price of natural gas fell below 100 euros per megawatt-hour during Monday. This is the first time this has happened since June...

The price of natural gas on the European market is falling. While at the turn of August and September a megawatt-hour traded for almost 350 euros.

Economy

Gas is getting cheaper on the European market. It is already...

ForexTeam -

The price of natural gas on the European market is falling. While at the turn of August and September a megawatt-hour traded for almost...

If the UK fails to secure electricity imports from continental Europe, it will have to resort to restrictions on its supply.

Economy

UK could face power cuts this winter, warns grid operator

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If the UK fails to secure electricity imports from continental Europe, it will have to resort to restrictions on its supply. The local electricity transmission...