Europe's inflation falls to a two-year low. It offers confidence, but rising oil prices are imminent.

Inflation, which has been a problem for Europeans, fell sharply in September to the lowest level in two years, strengthening hopes that consumers will get relief from costlier groceries, vacations, and haircuts - and that the European Central Bank won't have to further restrict the economy by...

The European Central Bank raises interest rates by a quarter percentage point and predicts that inflation will remain 'too high for too long'

The European Central Bank announced a new quarter-point rate increase on Thursday, bringing its key rate to 3.75 percent.

The most recent action concludes a full year of consecutive rate increases in the euro zone, which the ECB began in July to combat high inflation.

"In...

Germany discusses siestas while Europe struggles with increasing temperatures.

Germany is debating the necessity of siestas as a European heatwave raises temperatures and generates dire health warnings.

As record-breaking temperatures are recorded across southern Europe, concerns of death and heart attacks are growing.

Bavaria recorded the country's ...

European equities end higher on the U.S. debt ceiling agreement; Swedish real estate giant SBB gains 30%.

After U.S. lawmakers enacted a bill to extend the debt ceiling and cap government spending for two years just days before the deadline to avoid default, European financial markets ended the day higher on Friday.

The Stoxx 600 index finished with a gain of 1.5% after Wednesday's two-...

Some European countries, led by Germany and Poland, are lobbying for tougher sanctions against Russia's nuclear energy sector.

Sanctions on Russian nuclear energy are being advocated by Germany, Poland, and a few other EU countries as the EU seeks new measures to damage the Kremlin's income in the wake of Moscow's invasion of Ukraine. Following Russia's aggression against Ukraine, the 27 European nations impo...

Macron of France and Juncker of the European Union have asked China to mediate the conflict in Ukraine.

On Thursday, two of Europe's most powerful political figures met with Chinese President Xi Jinping, at a time when relations between the European Union and China are at a critical juncture.

During trilateral and bilateral meetings following a military parade, French President Emmanu...

After a surprising cut by OPEC and allies, European markets end the day lower, while oil and gas stocks rise by 4 percent.

Monday's slight decline across Europe's stock markets came as investors focused on the oil market in the wake of a surprise production cut by the OPEC+ alliance.

After being flat for most of the afternoon, the pan-European Stoxx 600 index ended up 0.1%.

Brent crude fut...

Dollar gains ground as attention shifts to inflation in Europe

Following unfavorable surprises in Germany, France, and Spain that gave the euro a boost this week, the dollar took a breather in Asia on Thursday, stabilizing as U.S. yields increased and investors awaited European inflation data. The dollar's 0.9% loss against the euro on Wednesday was the ...

In joining the US subsidy race, Europe risks ushering in a new era of protectionism.

Joe Biden's clean technology law has dragged the European Union into a subsidy battle that might spark a transatlantic trade war, just as the allies are banding together to counter Russia's invasion of Ukraine. The EU has consistently maintained the global rules-based system, even as the ...

After Powell's remarks, European stocks hit a nine-month high, as the dollar wobbles.

On Wednesday, global stocks soared and most currencies rallied against the dollar as investors perceived a dovish tone in comments from Federal Reserve Chair Jerome Powell, albeit an ECB policy change meant European bonds sat out the rally. MSCI's world stock index increased 0.3%, returning t...

Europe risks ushering in a new era of protectionism by joining the US subsidy race.

Joe Biden's clean technology law has drawn the European Union into a subsidy battle that might spark a transatlantic trade war, just as the allies are banding together to counter Russia's invasion of Ukraine. Even as the US has grown increasingly antagonistic to the limits imposed by the ...

In the midst of a corruption investigation, the EU leader warns there will be "no impunity."

After Belgian police charged a senior MEP with corruption, the president of the European Parliament cautioned members Monday that suspected bribery by a foreign power constituted an attack on democracy, stressing that MEPs would enjoy "no impunity" in the corruption inquiry.

&...

In 2020, air pollution will have killed 238,000 Europeans prematurely.

Fine particle air pollution caused 238,000 premature deaths in the European Union in 2020, according to the bloc's environmental authority, a modest increase over the previous year. Simultaneously, the total rate for EU nations in 2020 was 45 percent lower than in 2005, according to the agenc...

Korea intends to minimize its reliance on China for exports by looking to the Middle East, America, and the European Union

According to nine economy-related ministries on Wednesday, the government would make every effort to fine-tune export plans as part of a larger objective of bolstering Korea's trade balance, which is exhibiting symptoms of a larger-than-expected deficit.

Among the goals are to boost...

FIFA and Qatar have been 'rattled' as the European World Cup boycott gains momentum.

The massive banners have become a common sight at German Bundesliga games.

"Boycott Qatar 2022" has become a rallying cry for teams, supporters, and players alike who oppose this month's World Cup and want to highlight human rights and environmental concerns in the host na...

The mobility and migration of professionals and students are topics of discussion between India and the European Union

The Ministry of External Affairs (MEA) of India and the European Union said on Friday that they have discussed methods to promote the free flow of skilled workers, students, and professionals between the two regions.

The 6th High Level Dialogue on Migration and Mobility (HLDMM) between ...

France says it will no longer be a party to a contentious energy accord

France announced its withdrawal from a contentious energy deal on Friday, joining a growing list of European nations that have done so on the grounds that it is incompatible with the Paris climate accord.

On the margins of the European Council conference in Brussels, President Emmanuel ...

Nord Stream 1 has been shut off by Russia. What does it mean for the EU

The Nord Stream 1 pipeline was first stopped for upkeep. The West's sanctions, according to Russia, are the reason it has been stopped.

Russian officials shutting down a vital gas pipeline to Europe is evidence, in the eyes of EU officials, that the Kremlin is weaponizing energy sup...

In August, yearly inflation in the Eurozone reached a record 9.1%

With an increase in energy costs mostly resulting from Russia's conflict in Ukraine, the eurozone's inflation rate in August reached a new high of 9.1%.

According to the most recent statistics made public on Wednesday by the European Union statistics office Eurostat.

T...

Russia being answerable to European Union for Rocket Terror

On Thursday European Union denounced Russia for its fatal attack on a Ukrainian train station and that anyone "responsible for Russian rocket terror will be held accountable."

As the death toll from the Chaplyne strike reached 25, EU foreign policy chief Josep Borrell tweeted,...