The European Central Bank should stay watchful for inflation risks and keep its options open, Governing Council member Joachim Nagel said.

The European Central Bank should stay watchful for inflation risks and keep its options open, Governing Council member Joachim Nagel said.

Business activity in the euro area was better than initially thought last month, with the bloc recording stagnation rather than shrinking.

Business activity in the euro area was better than initially thought last month, with the bloc recording stagnation rather than shrinking.

European Central Bank President Christine Lagarde said risks to euro-area inflation and growth have become less pronounced.

European Central Bank President Christine Lagarde said risks to euro-area inflation and growth have become less pronounced.

Euro-area inflation eased more than anticipated as efforts toward peace in the Middle East sent global oil prices lower.

Euro-area inflation eased more than anticipated as efforts toward peace in the Middle East sent global oil prices lower.

European Central Bank Governing Council member Joachim Nagel said he’s keeping an open mind on what action is needed at the next two interest-rate meetings, with uncertainly remaining over the situation in the Middle East and its effect on inflation.

European Central Bank Governing Council member Joachim Nagel said he’s keeping an open mind on what action is needed at the next two interest-rate meetings, with uncertainly remaining over the situation in the Middle East and its effect on inflation.

German inflation cooled more than expected in June, part of a slowdown across most of the region brought on by the drop in global oil prices.

German inflation cooled more than expected in June, part of a slowdown across most of the region brought on by the drop in global oil prices.

The case for the European Central Bank to raise interest rates for a second time isn’t as clear as it was, according to Governing Council member Pierre Wunsch.

The case for the European Central Bank to raise interest rates for a second time isn’t as clear as it was, according to Governing Council member Pierre Wunsch.

European Central Bank Chief Economist Philip Lane said knock-on effects from higher energy prices will take a while to show up and that policymakers won’t lock themselves into a path for interest rates in the meantime.

European Central Bank Chief Economist Philip Lane said knock-on effects from higher energy prices will take a while to show up and that policymakers won’t lock themselves into a path for interest rates in the meantime.

The country’s workforce is aging and retiring.

At a made-to-order homebuilder in northwest Germany, processing more than 250 invoices a week used to swallow the equivalent of four working days. After introducing artificial intelligence last year, the task takes half as long.

At a made-to-order homebuilder in northwest Germany, processing more than 250 invoices a week used to swallow the equivalent of four working days. After introducing artificial intelligence last year, the task takes half as long.

Threatened shifts in US defense spending in Europe mean risk and opportunity for affected communities.