The European Union had a tough year. As if the refugee crisis, the rise of nationalist and far-right parties, and the Brexit affair weren’t enough, the 2018 headlines of European newspapers were crowded with a seemingly endless parade of money laundering scandals. 1,230 more words
Tags » European Central Bank
Central banks enter the new year under pressure from investors to rethink just how aggressive they can be hiking interest rates.
A slowdown in the world economy, the trade war and skittish financial markets are forcing policymakers to express fresh caution about their scope for tightening monetary policy. 1,222 more words
‘There is no room for complacency,’ ECB president says at European Parliament
European Central Bank President Mario Draghi speaks at the European Parliament on Tuesday. PHOTO: PATRICK SEEGER/SHUTTERSTOCK… 380 more words
If you’re heading abroad for some winter sun, it’s probably best to change your money now amidst growing uncertainty ahead of the Brexit vote, experts have warned. 460 more words