ECB says property slump could last years in threat to lenders
A sign reads "new tenant wanted" in a window of a commercial building in Frankfurt, Germany, July 19, 2023. REUTERS/Kai...
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Scholz pledges greater investment in Africa’s green energy sector
German Chancellor Olaf Scholz reacts as he presides over the "Compact with Africa" investment summit attended by French President Emmanuel Macron, European Commission President Ursula von der Leyen and African leaders in Berlin, Germany, November 20, 2023. REUTERS/Liesa Johannssen/Pool Acquire Licensing RightsBERLIN, Nov 20 (Reuters) - Germany will invest 4 billion euros in green energy projects in Africa until 2030, Chancellor Olaf Scholz said on Monday, noting these could in turn help Europe's largest economy achieve its own transition to carbon neutrality.Germany will need to import large quantities of green...
Hungary’s Orban erects billboards vilifying EU’s von der Leyen
A government billboard shows American philanthropist Alex Soros, son of Hungarian-American financier George Soros and European Commission President Ursula von...
Morning Bid: Japanese stocks party like its 1990
A man walks past an electronic board displaying Japan's 10-year government bonds level, the current Japanese Yen exchange rate against...
Exclusive: Germany, France and Italy reach agreement on future AI regulation
AI (Artificial Intelligence) letters are placed on computer motherboard in this illustration taken June 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire...
Hungary needs to change the EU, not leave it – PM Orban
Hungarian Prime Minister Victor Orban attends a roundtable during the summit between leaders of the European Union (EU) and the...
Hungary central bank seen defying government pressure to accelerate rate cuts
BUDAPEST, Nov 17 (Reuters) - The National Bank of Hungary is expected to cut its base rate by another 75 basis points to 11.5% (HUINT=ECI) next Tuesday, a Reuters poll showed, with the bank under pressure from Prime Minister Viktor Orban's government to reduce rates more sharply.With the European Union's highest inflation rate declining, from a high of 25% in the first quarter to a lower-than-forecast 9.9% last month, the NBH has cut borrowing costs by a combined 575 bps since May to 12.25% - still the EU's highest benchmark.Hungary...
Dollar posts steep weekly fall, trades below 150 yen
A woman counts U.S. dollar bills at her home in Buenos Aires, Argentina August 28, 2018. Picture taken August 28,...
EU poised to propose extending energy crisis measures – official
Gas flames of a cooker are pictured in a private home, as Russia's invasion of Ukraine continues, in Bad Honnef...
European shares end the week higher as bond yields slide on rate cut bets
A TV presenter gets ready for the daily reporting from the floor of the German share price index DAX at the stock exchange in Frankfurt, Germany, November 15, 2023. REUTERS/Staff/File Photo Acquire Licensing RightsMarkets price in 100-bps rate cuts in 2024Moody's Italy rating review dueVolvo Cars shares drop to record low as Geely trims stakeSTOXX 600 up 1.0%, adds 2.8% this weekNov 17 (Reuters) - European shares rose on Friday, boosted by financials and healthcare, ending the week higher on growing optimism that central banks will aggressively cut interest rates...