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On 12 December, the European Central Bank (ECB) shaved a quarter point from its key deposit interest rate, bringing it to 3 percent, and said the Eurozone’s economy will expand by 1.1 percent in 2025. In September, the bank had forecast a 1.3-percent expansion.
The economic landscape has presented an array of challenges that have profoundly affected the business community this year.
The retail, restaurant, manufacturing, automotive, and tech industries continue to be hit hard as prices increase and demand slows.
The price of Bitcoin, having passed $100,000, will continue rising as speculators scramble to lock down the last of the digital currency.
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