Tag: eurozone
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ECB Announces Further Interest Rate Cuts Amid Stagnant Eurozone Growth
In response to ongoing sluggish growth within the Eurozone, the European Central Bank (ECB) has decided to implement another cut in interest rates. This decision aims to stimulate economic activity by making borrowing cheaper for businesses and consumers alike, in hopes of countering the persistently low inflation rates and boosting the overall economic growth across…
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Former ECB Chief Trichet Warns Against ‘Dramatic Break’ with China in FRANCE 24 Interview
In a recent interview with FRANCE 24, Jean-Claude Trichet, the former President of the European Central Bank (ECB), emphasized the importance of maintaining a balanced relationship with China. Trichet argued that making a ‘dramatic break’ with China would be a ‘big mistake’ for the global economy. He highlighted the intricate economic ties that bind China…