European Rate Cuts in Train Even as Inflation on the Rise
Interest rates are set to fall again in most European countries, even as new data shows inflation surging on the back of higher energy costs. Consumer prices among the 20 countries using the euro ...
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Thousands without heating in Moldova’s breakaway Transnistria region, after Russian gas supplies cut
The head of Moldova’s breakaway region Transnistria has urged residents to burn firewood for heating and warned that blackouts cannot be avoided, after Moscow stopped supplying gas via Ukraine.
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Russia Cuts Off Gas Supplies to European Union Nation
"No one will freeze this winter, no home will be cold," he assured his citizens ... Russia had already cut off most natural gas supplies to Europe shortly after invading Ukraine in February ...
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European Central Bank cuts rates a quarter point
FRANKFURT, Germany -- The European Central Bank has cut rates by a quarter percentage ... U.S. after he is inaugurated Jan. 20 has sent a cold chill through the business world in Europe, where ...