Bloomberg Ecuador’s congress postponed a vote on whether to impeach market-friendly President Guillermo Lasso until Tuesday after he announced fuel price cuts to appease protesters. The legislature ended a second consecutive night of debate over Lasso’s future in office without voting. The conservative former banker’s political struggles come on the back of two weeks of violent protests across the country ...

  Bloomberg As Russia’s invasion of Ukraine wreaks destruction on the fringes of the European Union, the bloc is poised to pull its newest member closer into the fold. Croatia, which joined the EU almost a decade ago, is on the verge of joining the Schengen zone — the passport-free area stretching from Norway’s Arctic coast to Spain’s Atlantic seaboard ...

  Bloomberg European Central Bank (ECB) policy makers gather on a Portuguese hillside on Monday with the sinking feeling that their rush to tackle the inflation shock they failed to forecast risks both a recession and echoes of the euro area’s sovereign debt crisis. As President Christine Lagarde and colleagues meet in the resort of Sintra for their version of ...