Tag: European Central Bank

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ECB cuts again interest rate in support of weak eurozone

EU INSTITUTIONS Theodoros Benakis -
The European Central Bank (ECB) went on with a second consecutive interest rate cut for the first time since 2011, in a bid to...

Austrian Bank RBI forced out of selling Russian unit

ECONOMY Theodoros Benakis -
Austrian bank Raiffeisen Bank International (RBI) is finding hard to divest from the Russian market after a local court froze its shares and its...

Grigory Burenkov analyses ECB’s interest rate decisions and predicts further cuts

EUROPEAN CENTRAL BANK Theodoros Benakis -
Grigory Burenkov, founder of Wheelerson Management Ltd and owner of Osome Group, discusses the European Central Bank's recent policy changes and anticipates additional rate...

Europe’s falling inflation rate not steep enough for ECB rate change

ECONOMY Theodoros Benakis -
Even though inflation dropped to 2.5% in the 20-member eurozone last month, the European Central Bank (ECB) has deemed it insufficient to justify further...

ECB cautions about further interest rate cuts

EUROPEAN CENTRAL BANK Theodoros Benakis -
The European Central Bank is working to push inflation in the Eurozone down to 2% but warned that it may take some time, as...
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