Germany begins filling western Europe’s biggest gas storage site
Germany has started filling the huge Rehden gas storage facility abandoned by Russia's Gazprom (GAZP.MM), the site's state-appointed manager said on Thursday, as Europe's biggest economy looks to guard against the risk of Moscow turning off supplies.
The Bank of England flags risk of recession and 10% inflation as it raises rates again
The Bank of England sent a stark warning that Britain risks a double-whammy of a recession and inflation above 10% as it raised interest rates on Thursday to their highest since 2009, hiking by quarter of a percentage point to 1%.
French economy stalls in first quarter, inflation hits new record
France's economic growth unexpectedly flatlined in the first quarter as consumer spending dropped in the face of record high inflation, official data showed on Friday, putting pressure on President Emmanuel Macron ahead of legislative elections.
Finland, Sweden to begin NATO application in May, say local media reports
Finland and Sweden will together express their wish to join NATO in May, tabloid newspapers Iltalehti in Finland and Expressen in Sweden reported on Monday, citing sources close to the matter.
FTSE 100 tracks broader Europe higher after ECB holds rates
A rally in banks and consumer stocks saw London's FTSE 100 reverse session losses on Thursday, moving in line with other European peers as investors scaled back bets of interest rate hikes by the European Central Bank.