Thursday

7th Dec 2023

Ticker

ECB to keep raising rates if need be

The European Central Bank (ECB) is ready to keep raising interest rates to combat inflation, going beyond an expected 50-basis points rise in September if need be, the French central bank governor Francois Villeroy de Galhau said on Saturday. "Have no doubt that we at the ECB would if needed raise rates further beyond normalisation: bringing inflation back to 2% is our responsibility," he said, Reuters reports.

Read and decide

Join EUobserver today

Become an expert on Europe

Get instant access to all articles — and 20 years of archives. 14-day free trial.

... or subscribe as a group

Spain's Nadia Calviño backed to be EIB's first female chief

With less than a month to go before the start of a new leadership of the European Investment Bank, the world's largest multilateral lender, the path seems finally clear for one of the candidates, Spanish finance minister Nadia Calviño.

Analysis

Is there hope for the EU and eurozone?

While some strengths may have been overlooked recently, leading to a more pessimistic outlook on the EU and the euro area than the truly deserve, are there reasons for optimism?

Polish truck protest at Ukraine border disrupts war supplies

Disruption at the Polish-Ukrainian border by disaffected Polish truckers is escalating, potentially affecting delivery of military aid to Ukraine. A Polish request to reintroduce permits for Ukrainian drivers has been described as "a shot to the head" during war.

Join EUobserver

Support quality EU news

Join us