"The ECB's base rate should fall to around 2 percent around the autumn of 2025," Stournaras, the ECB's governing council and central bank governor, told Greece's Skai radio station, according to a transcript released Thursday by the Greek central bank. He said the forecast would still be subject to "unforeseen circumstances," citing risk factors in Europe and the United States. Economists and investors believe the region's economy is suffering as the ECB cuts interest rates at every meeting unti...
On November 18, at the invitation of Portuguese Speaker Aguiar Blanco, Spanish Speaker of the House of Representatives Armen Gore, and Greek Speaker Tasoulas, Chairperson of the Standing Committee of the National People's Congress Zhao Leji will pay an official goodwill visit to Portugal, Spain, and Greece from November 21 to 30.