Eurozone

Mortgage lending across the eurozone is expected to record decade-low growth in 2023 and 2024, according to the latest EY European Bank Lending Economic Forecast, as high borrowing costs, weak economic growth and falling housing market…

In its 2024 Foreign Exchange Market Outlook released this week, iBanFirst provides Romanian companies, especially those doing international payments, with an overview of key trends for the upcoming year, helping them shape their currency…

The good news at the start of 2023 quickly gave way to hints that the end of the year would be far less promising. Over and above the risks that have already been mentioned many times, some of which continue to intensify (financial…

The Eurozone is heading into a challenging 2024 with both fiscal and monetary policy turning restrictive as real rates turn more limiting and governments tighten their belts. While analysts expect to the ECB to start cutting rates in…

The European Central Bank would risk plunging the European Union into a long recession if it decides to raise interest rates at its pivotal meeting on Thursday, following the growth downgrades of the bloc by the European Commission. This…

There is little doubt about central banks’ monetary policy in the short term. Both the U.S. Federal Reserve (Fed) and the European Central Bank (ECB) will hike by 25 basis points next week. But uncertainty is high beyond that. Despite…

Growth in bank lending across the eurozone is forecast to slow from a 14-year peak in 2022 (of 5%) and record modest gains of 2.1% in 2023 and 1.7% in 2024, as demand for loans across the region drops, according to the latest EY European…

The Eurozone economy stagnated, and the European Union's Gross Domestic Product (GDP) contracted in the last three months of last year, according to Eurostat data. Among the EU member states, the most significant advance of the economy in…

24 February 2022 will go down in the history books as the day Russia attacked its neighbor Ukraine, triggering a conflict that has caused a series of negative economic knock-on effects that have affected the entire planet, which has already…

The Euro is at its highest level since April 2022. The Euro has gained almost 10% against the dollar in the last three months. iBanFirst analysts, one of Europe's largest providers of foreign exchange and international payments, explained…