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ReutersECB can sit out the summer before contemplating next rate cut, Kazimir says
The European Central Bank should sit out the summer before contemplating another interest rate cut as inflation is far from defeated and price pressures could resurface, ECB policymaker Peter Kazimir said in a blog post on Monday. The ECB cut rates from a record high on Thursday but made no commitment about any future move and markets keep dialling back their rate cut expectations, anticipating little more than just one more cut this year. "We can afford to enjoy the summer without hurrying into the decision," Kazimir, an outspoken conservative said.
Associated PressEuro 2024: Guide to the 10 stadiums across Germany and their games
The European Championship in Germany is all about tried and tested stadiums with a rich soccer history. Unlike at some recent World Cups, there's been no rush to finish stadiums on time. All but one of Germany's 10 venues hosted games at the 2006 World Cup and none have undergone major changes.
The Canadian PressBulgaria’s center-right party leads in both national and European elections
SOFIA, Bulgaria (AP) — Bulgaria's center-right GERB party led by former Prime Minister Boyko Borissov has received most votes in the country's parliamentary election but will need at least two partners to form a governing coalition.
