The European Central Bank’s reduction, the fifth consecutive cut since last summer, came a day after the U.S. Federal Reserve held interest rates.

Following is the text of European Central Bank President Christine Lagarde's statement after the bank's policy meeting on Thursday: ...

The eurozone's poor performance was largely due to economic downturns in Germany and France, the bloc's two largest economies, which contracted by 0.2% and 0.1%, respectively.

The EIB, the largest multilateral lender, will double its funding for defence and security from €1 billion to €2 billion by ...

Next year, the EIB is planning on freeing up €2 billion for defence and security projects, doubling its 2024 spending figure, EIB President Nadia Calviño said. The bank is also “conducting market ...

The eurozone economy returned to stagnation as 2024 drew to a close, a blow to its hopes for a recovery as it braces for the possibility that U.S. President Trump will deliver a long-threatened ...

Concerns about US aid suspension highlight the urgent need for European support to maintain Ukraine's vital social and ...

Amsterdam Airport Schiphol (AMS) reached a loan agreement with the European Investment Bank (EIB) initially valued at €175 ...

Annual inflation, harmonized to EU standards, stood at 2.9% in January, rising one decimal point from a month earlier, Spain's statistics agency said Thursday. Economists polled by The Wall Street ...

Mario Draghi has identified low-carbon energy as a key enabler to improve Europe’s competitiveness. Nuclear has a role to ...

Cash transfers to vulnerable households have long been a topic of debate among development practitioners. While these ...

Brussels has called on EU member states to help revive the bloc's sluggish economies, laying out a Competitiveness Compass ...