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eurozone

Eurozone economy posts meager growth in first quarter

The eurozone economy expanded only slightly in the first quarter of the year, after stagnating at the end of last year, preliminary data released...

Central banks signal end of bank turmoil with cut in dollar funding line

The world's top central banks are cutting the frequency of their dollar liquidity operations with the U.S. Federal Reserve from May, sending the clearest...

Euro area faces risk of entrenched inflation says Villeroy

The euro area faces a risk of entrenched inflation that the European Central Bank is determined to combat by keeping interest rates high for...

European shares rise ahead of eurozone inflation data

European shares rose on Tuesday as investors rebuffed concerns over surprise output cuts by OPEC and its allies while awaiting eurozone producer prices for...

Euro zone inflation posts record drop to 6.9% as energy falls

Eurozone inflation dropped at a record rate to 6.9% in March, driven by a sharp decline in energy prices, Eurostat data showed on Friday, according...

Euro zone ministers back tighter fiscal stance for 2024

Euro zone finance ministers on Monday backed a European Commission recommendation to start tightening fiscal policy, gradually phasing out government support against high energy...

Eurozone inflation drops to 8.5 percent in January

Eurozone inflation eased to 8.5% in January from 9.2% in December adding to evidence price pressures have peaked, preliminary Eurostat data showed on Wednesday,...

Eurozone inflation eases in November but still remains in double digits

Eurozone inflation eased to 10% in November as fuel and utilities drifted down from painful highs, but it is near the record levels that...

Europe to be hit hardest in global slowdown says OECD

The global economy should avoid a recession next year but the worst energy crisis since the 1970s will trigger a sharp slowdown with Europe...

EU Commission revises up 2022 eurozone GDP forecast, lowers 2023 growth outlook

The eurozone economy will grow more than previously expected in 2022 and decelerate more than previously thought in 2023, the European Commission forecast showed...
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