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Businesses and consumers across the eurozone grew slightly more pessimistic about the economy in September.

BofA Global Research expects the European Central Bank to raise interest rates ​by 25 basis points in December, citing a renewed ‌energy shock that will keep euro zone inflation above the central bank's target for longer.

The European Central Bank will ​assess the economic situation ‌from meeting to meeting and decide then whether ​to raise interest ​rates, ECB policymaker Martin ⁠Kocher reiterated in an ​interview with Austrian ​newspaper Kurier.

Italy is seeking to keep the contracts to run hydro power plants ​in the hands of domestic companies, Energy ‌Minister Gilberto Pichetto Fratin said on Monday, as the U.S.-Iran conflict puts national energy security at the ​top of the government's agenda.

Joachim Nagel, President of the Bundesbank and ECB Governing Council Member discusses the central bank's latest interest rate decision, his outlook for further rate hikes, and the political landscape in Germany.