Search Results for: euro zone
Euro-zone inflation misses with 0.2%
August 31st, 2016
Euro-zone inflation is not going anywhere fast: 0.2% is the headline. This is identical to the figure in July and leaves CPI far away from the 2% target the ECB has. Core inflation also fell short of predictions by actually ...
Eurozone economic recovery picking up despite Brexit, PMIs show
August 23rd, 2016
The eurozone’s economic recovery gained speed in August, according to surveys of purchasing managers that provide fresh evidence of the currency area’s resilience in the wake of the U.K.’s decision to leave the European Union. In advance of the ...
Eurozone GDP growth slows as French economy stalls
July 29th, 2016
Eurozone economic growth halved in the second quarter, but the 19-nation single currency area moved further away from deflation. GDP rose by 0.3% between April and June, in line with expectations but below 0.6% growth in the first quarter. ...
Euro clearing houses to move in eurozone following the Brexit decision
June 29th, 2016
The European Union will move its London-based bank regulator to Paris or Frankfurt following Britain’s decision to leave the bloc, while the European Central Bank will insist euro clearing occurs in the euro zone, a senior EU official said ...
Eurozone at risk of suffering lasting economic damage: Draghi
June 9th, 2016
Europe is at risk of suffering lasting economic damage from weak productivity and low growth, the European Central Bank’s president warned on Thursday, underscoring his argument that monetary policy alone cannot end the bloc’s economic malady. The ECB has ...
Greece bailout: Eurozone agrees ‘breakthrough’ debt deal
May 25th, 2016
Eurozone finance ministers have agreed to extend further bailout loans to Greece as well as debt relief, in what they call a “major breakthrough”. After late-night talks in Brussels, the ministers agreed to unlock 10.3bn euros ($11.5bn; £7.8bn) in ...
Eurozone finance ministers are set to discuss easing Greece’s debt burden
May 23rd, 2016
Greek lawmakers on Sunday (22 May) adopted another batch of controversial spending cuts and tax hikes, two days before a crunch eurozone meeting expected to unlock the next tranche of much-needed bailout funds for the debt-ridden nation. The 7,000-page ...
The Eurozone is the greatest danger
May 23rd, 2016
World-wide, markets are horribly distorted, which spells danger not only to investors, but to businesses and their employees as well, because it is impossible to allocate capital efficiently in this financial environment. With markets everywhere disrupted by interventions from ...
Why the Eurozone May Avoid a Greek Crisis This Summer
May 12th, 2016
The move by eurozone finance ministers to set out a path to debt relief for Greece is a clear step forward Whisper it, but this summer might not be marked by a flare-up of the Greek crisis. The move ...
Eurozone economic activity ticks up after sharp fall: survey
April 6th, 2016
Eurozone private sector business activity ticked up in March after a sharp fall in February, a closely watched survey showed Tuesday, but the outlook remains clouded. Data monitoring company Markit said its March Composite Purchasing Managers Index (PMI) inched ...
