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Frankfurt: European Central Bank hikes rates by 50 bps

16-Dec-2022 Europe

The European Central Bank (ECB) has raised its key interest rates by 50 basis points (bps) and explicitly committed to further hikes to tame rampant inflation in the eurozone.The interest rates on the main refinancing operations, the marginal lending facility...

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Frankfurt: EC advances digital euro with legislative proposal

08-Nov-2022 Europe

The digital euro is inching closer to becoming a reality, with the European Commission (EC) preparing a legislative proposal and raising awareness on the matter,...

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