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FILE - A light installation is projected onto the building of the European Central Bank during a rehearsal in Frankfurt, Germany, Dec. 30, 2021. Inflation hit a new record in the 19 countries that use the euro currency, fueled by out-of-control prices for natural gas and electricity due to the war in Ukraine, the European Union statistics agency Eurostat reported Monday, Oct. 31, 2022. (AP Photo/Michael Probst, File)

Inflation Hits New Record in Europe, Slowing Economy

Inflation hit a new record in the 19 countries that use the euro currency, fueled by out-of-control prices for natural gas and electricity due to Russia’s war in Ukraine. Economic growth also slowed…

AP 31 October 2022

A man fills fuel at a service station during a significant increase in the price of energy in Madrid, Spain, March 8, 2022. REUTERS/Juan Medina

Euro Zone Slide Towards Recession Pins Euro to 20-Year Low

Contraction in the eurozone economy for a second straight month pinned the single currency to a 20-year low against the dollar on Tuesday, with surging gas prices adding to misery dragging Europe…

23 August 2022

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