Facing the growing risk of a deflationary spiral, the central bank looks set to cut its deposit rate even further at its policy meeting Thursday.
The central bank’s offer, ahead of a Brexit vote, aims to prevent bank runs and avoid the kind of chaos seen in the 2008 financial crisis.
Mark Carney told U.K. lawmakers EU membership “reinforces the dynamism” of the country's economy, warning that some banks may leave London if the U.K. departs.
The buildup of fleeing Syrians at Turkey’s southern border has encouraged its government to make more demands in its talks with the European Union.
European leaders met with the Turkish prime minister in Brussels to find a solution to Europe's worst refugee crisis since the World War II.
European Council President Donald Tusk says he sees the first signs that European Union members are overcoming their differences in tackling the year-old problem.
Part of the extra $21.8 million will be spent on new reception centers, where unaccompanied children can link up with relatives in the U.K.
The U.K. government says recasting Britain’s international trade deals after leaving the European Union would lead to uncertainty and costs, a point independent experts validate.
The EU’s newest members from Central and Eastern Europe are among the strongest supporters of Britain remaining in the 28-nation bloc.
Investors are also hoping the European Central Bank and the Bank of Japan announce more stimulus measures when they meet this month, following the lead of the People’s Bank of China.
The number of jobless people in the 19-nation bloc continued to drop in January, as robust German growth offset high unemployment in Spain and Greece.
The report, which touches on a a broad range of issues, comes a week after Prime Minister David Cameron set June 23 as the date for voting on the U.K.'s membership in the European Union.
The dispute between Greece and Austria widens as European leaders prepare to meet March 7 to discuss the refugee crisis with Turkey.
The Thursday meeting to discuss the spiraling humanitarian crisis will also include representatives from non-EU members Serbia, Macedonia and Turkey.
Russia and Ukraine’s latest rift isn’t over the ongoing conflict in eastern Ukraine or economic policy. It’s about a song.
With refugee arrival numbers to Italy and Greece topping 100,000, Germany has started to send Afghani asylum seekers back home.
Russia and Estonia have exchanged spies in the past, but the latest convictions against low-level informants shows growing concerns in the region.
Despite the economic benefits Britain derives from the EU, Britain's leader is likely to focus on noneconomic issues covered in a deal he reached in Brussels last week.
The continent's politicians are increasingly facing pressure to, at least temporarily, suspend an open-borders policy. But at what cost?
Boris Johnson’s announcement to support pro-Brexit campaigners seemed a turnaround from previous statements.
"For those members who care about signing new trade deals outside the EU, we would be looking at years and years of delay," Cameron told Parliament Monday, in reference to a potential Brexit.
A split in the U.K.’s ruling Conservative Party over a possible Brexit rattled currency markets.