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Headlines
EU Support to Help 507 Belgian Workers Find a New Job
The European Parliament on Wednesday backed €2 million in EU aid for workers laid off after the bankruptcy of Liberty Steel Belgium, according to a press release. MEPs endorsed a Commission proposal to mobilise €2 million from…
Eurozone Inflation Hits 3% as Oil Prices Spike and Economic Growth Slows
Annual inflation in the 21 countries that use the euro rose to 3.0% from 2.6% in March, driven by a 10.9% increase in energy prices, the European Union’s statistics agency Eurostat reported on Thursday, Euronews.com reported.…
Big Central Banks Say Rate Hikes Are Getting Closer
Major central banks left interest rates unchanged this week but warned that they could raise them soon to prevent a jump in energy prices, caused by the U.S.-Israeli war with Iran, spilling over into a surge in broader inflation…