euro zone economy

european economy

The euro held near a 10-day low on Monday

The euro held near a 10-day low on Monday after posting a weekly loss as investors remained cautious about the outlook for the euro zone economy in the near ... Read More
mario draghi

Draghi Defines His Era With Stimulus Measures Locked Into Next Decade

Lending program can lock in ultra-low rates until next decade ECB action provides rebuttal to doubts over central bank power Whether Mario Draghi’s latest barrage of stimulus works or ... Read More
greece anti-austerity

Greece defies creditors, seeking credit but no bailout

Talks between Greece and euro zone finance ministers over the country’s debt crisis broke down on Monday when Athens rejected a proposal to request a six-month extension of its international bailout package as ... Read More

Australia central bank acting like it ‘just woke up’

Australia’s record low interest rates are about to head way lower, analysts tell CNBC, as the country’s central bank scrambles to play catch up in the race to the ... Read More

Lithuania is 19th country to adopt the euro, but currency union remains deep in crisis

Lithuania has become the 19th European country to adopt the euro – but enters a currency union deep in crisis. The former Soviet republic is the last of the Baltic ... Read More
uk economy

BCC: UK Economy Set For Strong 2015, But Premature Rate Hike ‘Huge Risk’

Britain’s economy still looks on course to expand at a strong pace in 2015, but raising interest rates now would pose a “huge risk” to its recovery, the British Chambers of ... Read More
European banks

Euro zone risks return to contraction, China outlook smoggy

The euro zone economy may face another contraction after business activity grew less than expected in November, although although Asian readings were more upbeat, while U.S. data was mixed ... Read More

Draghi throws door to QE wide open as recovery wanes

European Central Bank President Mario Draghi threw the door wide open on Friday for more dramatic action to rescue the euro zone economy, saying “excessively low” inflation had to be raised ... Read More
London Stock Exchange

Euro edges higher, stocks sag before ECB meeting

The euro edged higher and European stocks pulled back on Thursday as investors waited to see how ECB chief Mario Draghi responds to another run of poor euro zone ... Read More
Broker Cyprus TopFX