Euro zone

Luminor reported continued strong growth in lending in Q3

The third quarter continued to be affected by the geopolitical and economic impacts of the invasion of Ukraine, with the Baltic region recording the highest...

Ex-Lithuanian President Grybauskaite receives World Economic Award

Former Lithuanian President Dalia Grybauskaitė has been awarded the prestigious World Economy Award in Germany, her office said on Sunday.

European economy lags China and U.S. on pandemic recovery

Europe’s economy is starting to follow the familiar script of lagging its international peers when recovering from a crisis.

The ECB is no longer a reliable cash machine for governments

Euro-zone monetary policy is subsidizing the finance industry to such a degree that national central banks are having to curtail the cash distributions they...

Euro area heads for double-dip recession as lockdowns drag on

The euro-area economy is poised to shrink again at the start of this year as the resurgent pandemic plunges the region into a double-dip recession.