Eurogroup President discusses Eurozone economy and structural reforms with Germany's finance minister
The Eurogroup President said he met Lars Klingbeil, Germany's Vice Chancellor and Federal Minister of Finance, to discuss the economic situation in the Eurozone and the Eurogroup's current and upcoming priorities. He thanked Klingbeil for his welcome and for his leadership at the Eurogroup on what he described as "existential challenges" that have been under discussion for months. He said the broader geopolitical context remains exceptionally difficult. He cited the ongoing war in Ukraine, instability and uncertainty in the Middle East, persistently high energy costs, and inflationary pressures affecting businesses and households across Europe. He said those shocks have created... [Continue Reading]
Breaking-360LiveNews | 16 Sep 2026 20:30 LONDON
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ECB chief economist defends rate rise as eurozone inflation stays above target
The European Central Bank's chief economist has described the bank's latest interest rate increase as a measured adjustment, after policymakers raised borrowing costs by a quarter of a percentage point. Philip Lane said the move came in response to a significant inflation problem, with eurozone inflation still running above the bank's 2% target. He made the comments at the Dublin Economic Workshop's annual conference in Wexford.The ECB lifted rates from 2.25% to 2.5% in a decision announced the previous day. Lane said energy prices were at the centre of the move, and argued that governments should respond to inflation pressures... [Continue Reading]
360LiveNews | 11 Sep 2026 19:00 LONDON
