According to the data of the Turkish Disaster Management, at 4:17 local time, an earthquake with a magnitude of 7.4 occurred in the Pazarcik district of Kahramanmaras province in southern Turkey, which was followed by a 6.4 earthquake in the Nurdagi district of Gaziantep province in southeastern Turkey at 4:26 a.m. , followed by a […]
Today, the EU and India have strengthened their relationship as strategic partners by setting up a new Trade and Technology Council (TTC). The new TTC will deepen strategic engagement on trade and technology between both partners. This follows the announcement by President of the European Commission Ursula von der Leyen and Prime Minister of India, Narendra Modi, on 25 […]
The EU has allocated €181.5 million this year for humanitarian aid in West and Central Africa, as this region continues to face protracted crises driven by conflict and worsened by other factors such as climate change and the global spike in food prices. New allocations have been announced for Burkina Faso (€25.5 million), Mali (€26 million), Mauritania (€6.5 million) and Central African […]
At least 284 dead and 2,323 were injured in the early morning earthquakes in Turkey, which affected 10 provinces, Turkish Vice President Fuat Oktay said at a press conference in Ankara on Monday.
The whole world is at war and is threatened by its own destruction, declared Pope Francis, who answered journalists’ questions on the plane on the way back from his apostolic visit to the Democratic Republic of the Congo and South Sudan on Sunday.
HICP inflation expectations revised up for 2023 and 2024, but down for longer term Real GDP growth expectations largely unchanged Unemployment rate expectations revised down
The President of the European Commission, Ursula von der Leyen, travelled to Kyiv today, accompanied by 15 Commissioners, for the first ever meeting between the College and the Ukrainian Government. The meeting takes place back to back with the EU-Ukraine summit, the first since the start of Russia’s war of aggression against Ukraine and the granting […]
ECB details modalities to reduce Eurosystem’s holdings of securities under the asset purchase programme through partial reinvestment, broadly in line with current practice under full reinvestment Governing Council decided on stronger tilting of corporate bond purchases during partial reinvestment, including in primary market, towards issuers with better climate performance
The Governing Council will stay the course in raising interest rates significantly at a steady pace and in keeping them at levels that are sufficiently restrictive to ensure a timely return of inflation to its 2% medium-term target. Accordingly, the Governing Council today decided to raise the three key ECB interest rates by 50 basis […]
Composite cost-of-borrowing indicator for new loans to corporations increased by 30 basis points to 3.41%, driven by interest rate effect; indicator for new loans to households for house purchase increased by 5 basis points to 2.94%, driven by interest rate effect Composite interest rate for new deposits with agreed maturity from corporations increased by 31 basis points to 1.83%, driven by […]