Eurozone Economy

Eurozone business activity slows in April: Markit

Eurozone business activity slowed in April after hitting an 11-month high in March, hitting hopes that a massive European Central Bank stimulus programme would give the economy a quick boost, a key survey showed Thursday.

Apr 23, 2015, 14:09 PM IST

Eurozone growth, inflation outlook brighter: ECB survey

Turning to the growth outlook for the 19 countries that share the euro, the survey saw an upward revision in experts` growth forecasts.

Apr 16, 2015, 16:14 PM IST

ECB meets bond buying target

The ECB launched its bond buying programme on March 9, joining the central banks of Britain, Japan and the United States in using so-called quantitative easing (QE) to boost their economies.

Apr 07, 2015, 23:53 PM IST

Euro sinks below $1.07, lowest in nearly 12 years

The euro kept falling on course toward dollar parity Tuesday, hitting its lowest level against the greenback in nearly 12 years.

Mar 11, 2015, 03:37 AM IST

ECB faces crucial test of "whatever it takes"

The European Central Bank faces a crucial test of its resolve to do "whatever it takes" to preserve the euro when it decides this week on buying government bonds to combat deflation and revive the economy.

Jan 18, 2015, 17:15 PM IST

Eurozone industrial production up 0.2% in November

Industrial output in the eurozone rose 0.2 percent in November, official data showed on Wednesday, a modest sign of more solid economic growth despite looming deflation.

Jan 14, 2015, 19:25 PM IST

European stocks slide on lower oil prices, Greece

European stock markets fell on Tuesday as traders reacted to further declines in oil prices and political turmoil in Greece which pushed the euro to a 29-month low.

Dec 30, 2014, 23:28 PM IST

Bank borrowing in new ECB loans programme disappoints

The European Central Bank pumped more liquidity into the financial system on Thursday in a bid to boost the eurozone economy but analysts said the uptake by banks was disappointing.

Dec 11, 2014, 17:51 PM IST

Eurozone economy grows weak 0.2% in third quarter

The eurozone economy expanded by 0.2 percent in the third quarter, official data showed Friday, a slight acceleration that will do little to quell fears that a sluggish Europe is hurting world growth.

Nov 14, 2014, 16:30 PM IST

OECD urges ECB to step up quantitative easing, trims growth forecasts

The OECD on Thursday urged the European Central Bank to step up support for the eurozone economy that its sees as posing a major risk to slowing world growth.

Nov 06, 2014, 16:59 PM IST

25 eurozone banks fail ECB health check: Report

Some 25 eurozone banks have failed a health check by the European Central Bank, reports claimed Saturday, citing leaked documents.

Oct 25, 2014, 19:12 PM IST

Switzerland lowers growth forecasts

Setbacks for recovery of the eurozone economy are affecting Switzerland which cut its own growth forecasts on Thursday.

Oct 16, 2014, 16:32 PM IST

Eurozone inflation drops to 0.3%, unemployment steady

Inflation in the eurozone fell to 0.3 percent in September, official EU data showed on Tuesday, signalling that the European Central Bank may have to go even further to avert the threat of deflation.

Sep 30, 2014, 15:14 PM IST

ECB to unveil details of new liquidity programmes

The ECB will this week unveil details of its plans to inject cash into the moribund eurozone economy, even as analysts express doubt about the effectiveness of the measures.

Sep 28, 2014, 08:56 AM IST

US stocks sink amid signs of weaker growth in Europe

Wall Street stocks slumped Tuesday for the third straight session as data showed a weakening eurozone economy and US tax rules to fight inversions hit pharmaceutical stocks.

Sep 24, 2014, 03:20 AM IST

Eurozone business activity slows further in September: PMI survey

Business activity in the 18-nation eurozone slowed further in September, a key survey showed Tuesday, adding to concerns that a timid economic recovery could be close to stalling.

Sep 23, 2014, 14:20 PM IST

Europe needs to do more to boost growth: US

US Treasury Secretary Jack Lew on Sunday called on the eurozone to do more to boost demand and make the structural changes needed to kick-start its stuttering economy.

Sep 21, 2014, 09:39 AM IST

EU seeks billions of euros to revive economy

The EU economy grew by just 0.1 percent last year.

Sep 13, 2014, 23:49 PM IST

Eurozone industrial production recovers in July

Industrial output in the eurozone rose one percent in July, official data showed on Friday, offering a rare glimmer of positive news to a single-currency economy struggling with stagnating growth and low inflation.

Sep 12, 2014, 18:24 PM IST

Eurozone ministers seek `balancing act` to boost growth

European ministers struggled to strike a balance on Friday between turning around a moribund eurozone economy and cutting bloated national budgets burdened with debt.

Sep 12, 2014, 17:57 PM IST