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Europe’s economy feels the heat from every direction

Summary by Ground News
The eurozone's monetary authority is raising interest rates for the first time in over a decade. The move has forced bond investors to reassess the debt sustainability of Italy. The bloc's third largest economy has been hit by fresh political turmoil and struggles under a growing debt pile.

1 Articles

The TimesThe Times
Center

Europe’s economy feels the heat from every direction

Since the start of Europe’s scorching summer, the European Central Bank has been quietly pumping extra billions of euros into the bond markets of its most indeb

·London, United Kingdom
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The Times broke the news in London, United Kingdom on Friday, August 12, 2022.
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