Fri, Aug 30, 2024
Inflation in the 20 euro-using EU countries dropped to 2.2% in August, down from 2.6% in July, thanks to falling energy prices. This decline brings inflation closer to the European Central Bank's 2% target and could pave the way for an interest rate cut.
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Mon, Oct 02, 2023
The new orders index did rise last month, to 39.2 from August's 39.0, but it remained firmly below the breakeven mark.
Fri, Jul 02, 2021
The 19-member eurozone's unemployment rate fell to 7.9 per cent in May from 8.1 per cent in April, the European Union's (EU) statistical bureau Eurostat said.
Fri, Jun 22, 2018
Greece is slated to leave its financial rescue on August 20 and finance ministers from the 19 countries that use the single currency were under pressure to offer Athens a goodbye deal that left it strong in the eyes of the financial markets.
Mon, Nov 20, 2017
Chancellor Angela Merkel said on Monday her efforts to form a three-way coalition government had failed, thrusting Germany into a political crisis and pushing Europe`s largest economy closer to a possible new election.
Thu, Jan 19, 2017
US bank Goldman Sachs will move 1,000 staff from London to Frankfurt as part of a post-Brexit reorganisation that will reduce its city headcount by half, German business daily Handelsblatt reported on Thursday.
Wed, Jan 04, 2017
Inflation in the eurozone jumped to 1.1% in December, the highest level for more than three years, boosted by rising oil prices, official European Union (EU) figures showed on Wednesday.
Sun, Dec 25, 2016
Eurogroup head Jeroen Dijsselbloem on Saturday said Greece had cleared up doubts and could expect a positive decision on debt relief, defusing a row over surprise handouts announced by Athens.
Tue, Dec 06, 2016
Eurozone finance ministers on Monday approved new debt relief measures to alleviate Greece`s colossal debt mountain in the wake of its huge 86-billion-euro bailout, but at levels far short of those demanded by the International Monetary Fund (IMF).
Tue, Jun 21, 2016
The spectacular gains across the continent by populist eurosceptic parties, including in Germany, attest to that.
Thu, Jun 16, 2016
The Financial Times warned Thursday against Britain quitting the EU amid nervousness on the financial markets, as a new poll showed a big swing towards the "Leave" camp with one week to go.
The head of Switzerland`s central bank warned Thursday that the Swiss economy could face turbulence if Britain opts to exit the EU in next week`s referendum, vowing to "take measures if required".
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