Tag #European Central Bank

Showing 13 to 19 of 19 results

zeit.de
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German Court to Rule on Legality of Bank Negative Interest Rates

The German Federal Court of Justice is reviewing lawsuits against four banks and savings banks for charging customers negative interest rates between 2014 and 2022, following the ECB's negative interest rate policy, with consumer protection groups seeking a ruling on the legality of these charges an...

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44% Bias Score

Reduced Inequality
zeit.de
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German Businesses Drive Inflation with Price Hike Plans

German businesses' price expectations surged to 19.7 points in December, the highest since April 2023, driven by increases across all sectors; this is expected to push inflation above the European Central Bank's target of two percent, reaching an estimated 2.5 percent in the coming months.

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32% Bias Score

Reduced Inequality
welt.de
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German Savings Rates Plummet Amidst ECB Interest Rate Cuts

As of December 27, 2024, German fixed-term deposit interest rates averaged 2.27% for two-year terms, down from 3.39% in November 2023, following the European Central Bank's interest rate cuts aimed at boosting a slowing economy.

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44% Bias Score

Reduced Inequality
politico.eu
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"German MEP Resigns Amidst Digital Euro Delays"

"German MEP Stefan Berger resigned from his leading role in the digital euro legislation to address concerns about German obstruction, following resistance from German banks and citizens wary of digital payments, potentially delaying the EU's strategic autonomy goals."

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48% Bias Score

Reduced Inequality
welt.de
🌐 85% Global Worthiness
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German Court to Rule on Legality of Bank Negative Interest Rates

The German Federal Court of Justice is deciding the legality of banks charging customers negative interest rates on deposits, a practice common from 2014-2022 following the ECB's policy, with consumer protection groups seeking repayment for millions of savers.

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40% Bias Score

Reduced Inequality
faz.net
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ECB Prioritizes Productivity Growth Amidst Eurozone Inflation Concerns

The European Central Bank (ECB) is prioritizing productivity growth due to near-full employment in the Eurozone despite economic slowdown, rendering traditional inflation-fighting methods ineffective; this contrasts with past recessions where unemployment acted as an inflation damper.

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44% Bias Score

Decent Work and Economic Growth
cnbc.com
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UK Inflation Rises to 2.6% in November

UK inflation climbed to 2.6% in November, exceeding September's three-and-a-half-year low of 1.7%, driven by rising energy prices, a tight labor market, and recent government spending increases; the Bank of England is unlikely to cut interest rates in December.

Progress

36% Bias Score

Reduced Inequality

Showing 13 to 19 of 19 results