Draghi highlights the need for fiscal consolidation and structural reforms in the euro zone European Central Bank President Mario Draghi said that a slowdown in the euro zone's economic momentum could weigh further on the reluctance of companies and households to invest. Growth in the euro zone economy ground to a [...]
The OECD today pointed to a weak outlook for growth in the euro zone, particularly in Germany, when its index of leading economic indicators pointed to stable growth elsewhere. This latest signal of gloom for the euro zone came the day after the International Monetary Fund lowered its forecast for growth in [...]
New figures show that retail sales in the euro zone rose 1.2% month-on-month in August Euro zone retail sales jumped much more than expected in August, data showed today, pointing to stronger demand from households that could help economic growth in the third quarter. The European Union's statistics office Eurostat said [...]
Inflation in the euro zone fell to 0.3% in September, new official EU data show, signalling that the European Central Bank may have to go even further to avert the threat of deflation. The EU's data agency Eurostat also reported that unemployment in the euro zone remained steady at 11.5% in [...]
Industrial output in the euro zone rose 1% in July, official data showed today, offering a rare glimmer of positive news to an economy struggling with stagnating growth and low inflation. The increase in factory output data was a turnaround from the previous month, when an unexpected 0.3% drop in industrial [...]
The euro zone economy stagnated in the second quarter, official figures showed today, in line with the poor outlook which pushed the European Central Bank into radical action yesterday. In a second estimate for growth in the 18-country currency zone, the Eurostat statistics body confirmed zero percent growth from the previous [...]
1 of 3 ECB President Mario Draghi announces more measures to help unblock lending in euro zone ECB policymakers make surprise interest rate cuts Euro drops against dollar after ECB rates decision The European Central Bank will start buying securitised loans and covered bonds next month to help unblock lending in [...]
Euro zone prices have been locked below the 'danger zone' of 1% for the past ten months Euro zone inflation dropped as expected to a fresh five year low in August, data has shown, but it was not likely to force the European Central Bank into immediate policy intervention next week. [...]
Thursday 14 August 2014 12.45 1 of 2 Euro zone economy fares worse than expected in second quarter European Commission says GDP report showed the importance of structural reforms Euro zone economic growth ground to a halt in the second quarter as Germany's economy shrank and France's stagnated. The zero growth [...]
Friday 01 August 2014 09.12 Manufacturing growth picked up in Germany and Ireland, but slowed in the likes of France Euro zone manufacturing growth failed to accelerate as expected last month despite factories barely raising prices, as growing tensions in Ukraine weighed on sentiment. With inflationary pressure evaporating and factory activity [...]
