Eurozone

Italy protest party: Euro is destroying southern European economies

Europe's common currency, the euro, is wrecking the economies of Italy, Spain and Greece and must be fundamentally reformed or broken up, Italy's main opposition party, the Five Star Movement (M5S...

Eurozone ministers discuss "significant" economic impact of Brexit

Eurozone finance ministers met Monday to discuss ways of reducing the economic impact of Britain's decision to leave the European Union, in their first meeting following last month's shock...

Eurogroup mulls 10.3 billion euros in fresh bailout aid for Greece

Eurozone finance ministers were considering Tuesday whether to pave the way for Greece to access 10.3 billion euros (11.5 billion dollars) in bailout aid over the coming months, sources said on...

Eurozone ministers welcome Greek reforms, but bailout hurdles remain

Eurozone finance ministers welcomed Monday a new set of controversial reforms approved in Greece, but they were set for further complicated discussions on contingency cuts and debt relief as the...

Eurozone growth outlook worsens amid economic headwind, Brexit fears

The European Commission lowered its expectations for growth in the eurozone on Tuesday, pointing to a challenging global environment as heavyweights France and Spain struggle to get their deficits...

Eurozone growth outlook worsens amid uncertainty over Brexit

The European Commission lowered its expectations for growth in the eurozone on Tuesday, citing uncertainty over Britain's EU referendum as a risk factor, while economic heavyweights France and...

Eurozone "astonishes" with GDP growth, but inflation still too low

The eurozone's economy grew by a better-than-expected 0.6 per cent in the first three months of this year, but prices of goods and services were back in decline despite efforts to boost inflation...

Eurozone inflation revised upward to 0 per cent in March

Annual inflation in the eurozone reached 0 per cent in March, the EU statistics office Eurostat said Thursday, revising upward an earlier estimate of minus 0.1 per cent.

Eurozone inflation remains stuck below zero

Annual inflation in the eurozone remained stuck below zero in March, defying analysts' forecasts and the European Central Bank's efforts to boost consumer prices in the 19-member currency bloc....

ECB lowers inflation, growth forecasts

 The European Central Bank revises downward its inflation and economic growth outlooks for the eurozone.

ECB to unveil fresh stimulus measures to fire up eurozone economy

The European Central Bank is expected to announce on Thursday that it has cut interest rates again and expanded its bond-buying programme as it attempts to fire up the eurozone's sluggish economy...

Eurozone asks Greece for more reforms as bailout negotiators return

Greece needs to step up its reform efforts, eurozone finance ministers said Monday, hours before negotiations are expected to resume in Athens on progress needed under its bailout.

Eurozone unemployment falls to 10.3 per cent in January

The jobless rate in the eurozone fell to 10.3 per cent in January

Eurozone inflation slips back below zero, upping pressure on ECB

Prices in the eurozone fell by 0.2 per cent year-on-year in February, a new estimate showed Monday, pushing inflation back into negative territory and making fresh action by the European Central...

Eurozone inflation slips back below zero

The prices of goods and services in the eurozone fell by 0.2 per cent year-on-year in February, pushing inflation back into negative territory, according to an estimate released Monday by the EU ...