The European Central Bank on Thursday raised its key interest rates for the first time in over a decade. The move is aimed to combat inflation as consumer prices in the eurozone rose at an 8.6% annual pace in June. The ECB raised its negative benchmark deposit rate by 50 basis points from ...
The Nord Stream gas pipeline, which connects Russia and Germany, reopened on Thursday following a 10-day repair period, according to its operator. “It’s working,” a Nord Stream spokesperson said, without specifying the amount of gas being delivered. The German government was concerned that Moscow might not reopen the pipeline after ...
