Finance

As for now, European unemployment is manageable

Unemployment in the eurozone fell slightly in September to 6.6 percent compared to August. As a result of the continuing labour market shortage, unemployment is at the lowest level ever recorded in the currency bloc. Earlier, the European statistical office Eurostat also reported an unemployment level of 6.6 percent [...]

ECB expected to tighten liquidity

While there is no doubt that key interest rates will be raised again, the European Central Bank may also want to tackle the excess liquidity in the banking system. The Targeted Longer-Term Refinancing Operations (TLTRO) are in the ECB’s [...]
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