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...

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...

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...

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...

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...

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,...

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...

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...

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...

ECB lowers inflation, growth forecasts

 The European Central Bank revises downward its inflation and economic growth outlooks for the eurozone. Inflation is projected to average 0.1 per cent...

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...

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...

Eurozone unemployment falls to 10.3 per cent in January

The jobless rate in the eurozone fell to 10.3 per cent in January In recent months, the European currency bloc has made some gradual progress in whittling down...

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...

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...

Eurozone inflation lower than expected in January, at 0.3 per cent

The prices of goods and services in the eurozone rose by only 0.3 per cent year-on-year in January, the EU statistics agency Eurostat said Thursday,...

Eurozone economic growth holds steady at 0.3 per cent

The eurozone economy grew by 0.3 per cent in the last three months of 2015, holding steady despite growing financial turmoil around the world, data released on...

Eurozone turns up heat on Spain, Portugal to comply with EU rules

Eurozone finance ministers upped the pressure Thursday on Spain and Portugal to comply with EU fiscal discipline rules, with jitters about the two former...

Eurozone banks are solid, ministers insist despite market jitters

The European banking sector is solid, eurozone finance ministers insisted Thursday, despite market nervousness that has driven shares down. European shares...

Surge in European banking stocks trigger rebound in share markets

European bourses rebounded strongly on Wednesday, led by a surge in the region's banking stocks with shares in Germany's biggest lender, Deutsche Bank,...

Eurozone growth outlook worsens amid "increasing" international risks

The eurozone economy is expected to expand by only 1.7 per cent this year, the European Commission said Thursday, revising down its growth predictions amid a...

Eurozone unemployment falls to 10.4 per cent in December

The jobless rate in the eurozone fell to 10.4 per cent in December, reaching the lowest rate since September 2011, EU statistics agency Eurostat said as...

Eurozone inflation rises to 0.4 per cent in January

The cost of goods and services in the eurozone rose by 0.4 per cent year-on-year in January, according to an estimate released Friday, but analysts warned that...

Eurozone bailout fund approves 1-billion-euro tranche for Greece

The eurozone's bailout fund on Tuesday cleared the way for Greece to access 1 billion euros (1.1 billion dollars) in aid, after Athens passed prerequisite...
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