The Latest Breaking News from eurozone

Comments by Christine Lagarde come after central bank raises interest rates for seventh time in succession

Hollywood is at a loss for words, as thousands of film and television writers go on strike for the first time in 15 years. Members of the Writers' Guild of America voted to walk out after failing to reach a pay deal – they say they're paying the price for…

Croatia’s currency the Kuna is taking its dying breath as the country becomes the 20th member of the eurozone at midnight on Saturday. But with the war in Ukraine fuelling a global cost of living crisis, Croats fear that the new currency will raise prices even more. FRANCE 24's Laurent…

The Federal Reserve's aggressive campaign against high inflation dominated global financial markets this year. Starting this week, the action shifts to Europe, where inflation could prove stickier and harder to tame. That shift is likely to reverse some of the key market dynamics of 2022, most significantly a superstrong dollar.

This was supposed to be the comeback year for the world economy following the Covid pandemic. Instead, 2022 was marked by a new war, record inflation and climate-linked disasters.

Dalio said the eurozone "appears to be a strong power in gradual decline."

The current owner of Salto de Castro, located on the border with Portugal in the province of Zamora, wanted to transform the village into a tourist spot but could not succeed due to the Eurozone crisis

ECB chief Christine Lagarde notes concerns but warns of further hikes to tackle soaring eurozone inflation

FRANKFURT: The European Central Bank announced another jumbo interest rate hike on Thursday and said further increases would follow to combat soaring inflation, even as its president, Christine Lagarde, warned a eurozone recession was looming.