Europe’s eyes are on Germany in hopes the €200 billion bailout will ease inflation across the bloc

There is no way to sugarcoat this. Inflation is rising and rising prices are fueling calls for a faster and steeper rate hike from the European Central Bank (ECB) when its Governing Council meets later this month.

Yesterday morning started with bad news that inflation in Germany, the EU’s largest economy, rose 10.9 percent in September after rising 8.8 percent in August. This is the highest inflation rate in Germany since the euro was introduced on the international money markets on January 1, 1999.

https://www.independent.ie/opinion/comment/eyes-of-europe-fixed-on-germany-in-the-hope-200bn-support-package-eases-inflation-across-the-bloc-42031271.html Europe’s eyes are on Germany in hopes the €200 billion bailout will ease inflation across the bloc

Fry Electronics Team

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