Tag: ECB
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IMF chief: Eurozone has tools for greater growth if it learns from US
The head of the IMF, Kristalina Georgieva, was speaking at a panel in Davos alongside ECB President, Christine Lagarde. The eurozone should look to the United States if it wants to compete more effectively for global investment, said managing director of the International Monetary Fund (IMF) Kristalina Georgieva, on Friday. “The United States has a…
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Euro falls to its lowest level in two years against the dollar
The euro declined further against the US dollar to a fresh low in over two years amid concerns about the Eurozone’s economy, Trump’s tariffs, and monetary policy discrepancy between the ECB and the Fed. The euro declined 0.9% against the US dollar, reaching mid-1.02, its lowest level since 21 November 2022 on Thursday. The common…