Latest News

Switzerland postpones EU talks until after October federal elections

Switzerland postpones EU talks until after October federal elections Switzerland postpones EU talks until after October federal elections
  Planned talks between Switzerland and the European Union (EU) to rebuild their relationship have been postponed until the end of October,...
Read More...

Examining the differences between the Nexus and IHRA definitions of antisemitism

Examining the differences between the Nexus and IHRA definitions of antisemitism Examining the differences between the Nexus and IHRA definitions of antisemitism
  Antisemitism continues to be a pressing issue worldwide, prompting organizations to develop definitions to address and combat this form...
Read More...

Germany raises concerns over Hungary's suitability for EU's rotating presidency in 2024

Germany raises concerns over Hungary's suitability for EU's rotating presidency in 2024 Germany raises concerns over Hungary's suitability for EU's rotating presidency in 2024
  Germany has expressed doubts about Hungary's ability to effectively lead the EU's policy-making process during its upcoming presidency,...
Read More...

Greece's ruling conservatives poised for significant victory in early election results

Greece's ruling conservatives poised for significant victory in early election results Greece's ruling conservatives poised for significant victory in early election results
Crowds celebrate with flag-waving outside the headquarters of Greece's right-wing New Democracy party in central Athens on May 21, 2023, following...
Read More...

Who will succeed Stoltenberg as NATO secretary-general?

Who will succeed Stoltenberg as NATO secretary-general? Who will succeed Stoltenberg as NATO secretary-general?
As Jens Stoltenberg's tenure as NATO Secretary-General approaches its end, discussions and conjecture are mounting regarding his potential...
Read More...

European Commissioner: Putin's energy blackmail of Europe has failed

European Commissioner: Putin's energy blackmail of Europe has failed European Commissioner: Putin's energy blackmail of Europe has failed
  Russian President Vladimir Putin's attempt to blackmail Europe through energy resources has been unsuccessful, according to Kadri Simson,...
Read More...

Denmark unveils new foreign policy strategy with a focus on security and alliances

Denmark unveils new foreign policy strategy with a focus on security and alliances Denmark unveils new foreign policy strategy with a focus on security and alliances
  Denmark has revealed its latest foreign policy strategy, influenced by Russia's invasion of Ukraine and the shifting global geopolitical...
Read More...

Council of Europe leaders convene in Reykjavik for first summit in 18 years

Council of Europe leaders convene in Reykjavik for first summit in 18 years Council of Europe leaders convene in Reykjavik for first summit in 18 years
The leaders representing the 46 member countries of the Council of Europe have gathered in Reykjavik, Iceland for their first summit in nearly...
Read More...

Switzerland remains committed to combating chemical weapons

Switzerland remains committed to combating chemical weapons Switzerland remains committed to combating chemical weapons
Switzerland has vowed to continue its efforts to eliminate chemical weapons despite challenges posed by certain countries undermining the work...
Read More...

Germany pushes for caution on EU's proposed sanctions against China for Russia's invasion of Ukraine

Germany pushes for caution on EU's proposed sanctions against China for Russia's invasion of Ukraine Germany pushes for caution on EU's proposed sanctions against China for Russia's invasion of Ukraine
Germany has led calls for caution against targeting China in the European Union's (EU) proposed sanctions against Russia's invasion of Ukraine....
Read More...

Must Read

Most Popular Stories

VIDEO AND audio news:

Features, views, analysis

business

Latest News

Switzerland postpones EU talks until after October federal elections

Switzerland postpones EU talks until after October federal elections Switzerland postpones EU talks until after October federal elections
  Planned talks between Switzerland and the European Union (EU) to rebuild their relationship have been postponed until the end of October,...
Read More...

Examining the differences between the Nexus and IHRA definitions of antisemitism

Examining the differences between the Nexus and IHRA definitions of antisemitism Examining the differences between the Nexus and IHRA definitions of antisemitism
  Antisemitism continues to be a pressing issue worldwide, prompting organizations to develop definitions to address and combat this form...
Read More...

Germany raises concerns over Hungary's suitability for EU's rotating presidency in 2024

Germany raises concerns over Hungary's suitability for EU's rotating presidency in 2024 Germany raises concerns over Hungary's suitability for EU's rotating presidency in 2024
  Germany has expressed doubts about Hungary's ability to effectively lead the EU's policy-making process during its upcoming presidency,...
Read More...

Greece's ruling conservatives poised for significant victory in early election results

Greece's ruling conservatives poised for significant victory in early election results Greece's ruling conservatives poised for significant victory in early election results
Crowds celebrate with flag-waving outside the headquarters of Greece's right-wing New Democracy party in central Athens on May 21, 2023, following...
Read More...

Who will succeed Stoltenberg as NATO secretary-general?

Who will succeed Stoltenberg as NATO secretary-general? Who will succeed Stoltenberg as NATO secretary-general?
As Jens Stoltenberg's tenure as NATO Secretary-General approaches its end, discussions and conjecture are mounting regarding his potential...
Read More...

European Commissioner: Putin's energy blackmail of Europe has failed

European Commissioner: Putin's energy blackmail of Europe has failed European Commissioner: Putin's energy blackmail of Europe has failed
  Russian President Vladimir Putin's attempt to blackmail Europe through energy resources has been unsuccessful, according to Kadri Simson,...
Read More...

Denmark unveils new foreign policy strategy with a focus on security and alliances

Denmark unveils new foreign policy strategy with a focus on security and alliances Denmark unveils new foreign policy strategy with a focus on security and alliances
  Denmark has revealed its latest foreign policy strategy, influenced by Russia's invasion of Ukraine and the shifting global geopolitical...
Read More...

Council of Europe leaders convene in Reykjavik for first summit in 18 years

Council of Europe leaders convene in Reykjavik for first summit in 18 years Council of Europe leaders convene in Reykjavik for first summit in 18 years
The leaders representing the 46 member countries of the Council of Europe have gathered in Reykjavik, Iceland for their first summit in nearly...
Read More...

Switzerland remains committed to combating chemical weapons

Switzerland remains committed to combating chemical weapons Switzerland remains committed to combating chemical weapons
Switzerland has vowed to continue its efforts to eliminate chemical weapons despite challenges posed by certain countries undermining the work...
Read More...

Germany pushes for caution on EU's proposed sanctions against China for Russia's invasion of Ukraine

Germany pushes for caution on EU's proposed sanctions against China for Russia's invasion of Ukraine Germany pushes for caution on EU's proposed sanctions against China for Russia's invasion of Ukraine
Germany has led calls for caution against targeting China in the European Union's (EU) proposed sanctions against Russia's invasion of Ukraine....
Read More...

Must Read

Most Popular Stories

 

European Central Bank Chief Economist Philip Lane said on Monday that while Euro zone inflation is expected to slow sharply this year, the momentum for

price growth remains high for now, including for underlying goods and services.

The ECB has already lifted rates at its past seven meetings but slowed the pace of hikes last week, stating that there is already plenty of policy tightening in the pipeline and overall inflation has already turned around after double-digit readings last autumn.

Lane believes that there is still momentum in food and core inflation and that sharply lower energy prices and easing bottlenecks should speed disinflation, while corporate profit margins, which were a key driver of prices last year, should also come down.

The ECB projects inflation falling below 3% by the fourth quarter, but it could then take almost two more years before it falls to the bank's 2% target.

Some policymakers question this projection and argue that there's a risk that price growth could get stuck above the ECB's target, and Lane noted that a key reason for such a protracted process is that nominal wage growth could stay relatively strong for years as workers recover incomes lost to inflation. Photo by Eric Chan, Wikimedia commons.

deneme