The ECB cut interest rates by 25 basis points on Thursday, the fifth time since June, lowering the rate that the central bank pays on deposits to 2.75% from 3.0%.
Buzzi S.p.A. (OTCMKTS:BZZUY – Get Free Report) passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $19.67 and traded as high as $20.62. Buzzi ...
Germany has been here before. Dubbed the "Sick Man of Europe" in the late 1990s and early 2000s, the country struggled with low growth, high unemployment, and structural challenges. History may not ...
The European Central Bank cut interest rates again on Thursday after separate data showed economic stagnation, led by contraction in Germany and France.
Two years into an economic recession, German businesses are sounding the alarm and demanding no less than a complete overhaul of economic policy after February's election.
Europe's economy stagnated at the end of last year as former growth engine Germany floundered to the end of a second straight year of shrinking output, officials said Thursday.