Interest rates in the euro area stay at the lowest level in history. Cost of some household borrowings slightly increased

The European Central Bank is not yet considering to tighten its monetary policy, although inflation in the euro area is likely to rise slightly further in September. ECB interest rates remai...

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As price growth in the EU is gaining momentum, inflationary scissors are opening up between countries

The inflation rate in the European Union reached a year-on-year level of 3.2 percent in August, and three percent in the euro area. Compared to July, this is an increase of 0.7, respectively...

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Economy of the EU is rebalancing with acceptable inflation rate in the euro area

The Gross Domestic Product (GDP) in the EU increased by 13.2 percent year-on-year in the second quarter of 2021, while in the euro area the economic growth was even 0.4 percentage point high...

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