French PM Manuel Valls praises economy, says growth target in reach
French Prime Minister Manuel Valls on Thursday said growth in Eurozone`s second largest power was getting stronger with unemployment falling while maintaining this year`s growth target.
Aug 25, 2016, 20:49 PM IST
Eurozone business activity strong despite Brexit: Survey
Eurozone economic activity edged higher in August with few signs that Brexit-linked dangers were yet hurting the European economy, a closely watched survey showed today.
Aug 23, 2016, 16:12 PM IST
ECB stresses 'readiness to act' in face of Brexit headwinds
European Central Bank policymakers warned of "new headwinds" for the eurozone following Britain`s vote to quit the EU, according to minutes of their July meeting released on Thursday.
Aug 18, 2016, 21:50 PM IST
World's oldest bank could become Europe's newest problem
With gross bad loans amounting to 46.9 billion euros ($52 billion), BMPS, is at the forefront of concerns about the fragile balance sheets of Italian banks, which are weighed down by 360 billion euros in bad debt.
Jul 06, 2016, 17:24 PM IST
Eurozone unemployment falls to near five-year low
Eurozone unemployment fell to a near five-year low in May, official data said on Friday, in a rare positive sign for a sluggish European economy struggling to return to solid growth.
Jul 01, 2016, 17:09 PM IST
Eurozone inflation back to positive, Brexit worries weigh
Eurozone inflation left negative territory in June, statistics showed Thursday, but economic uncertainty from Brexit sparked concerns that damaging deflation could return to Europe.
Jun 30, 2016, 19:27 PM IST
BREXIT intensifies pressure on global market, weakness in American and Indian market
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Jun 15, 2016, 13:12 PM IST
ECB pours cash into company bonds to boost eurozone
Having already slashed interest rates to below zero and pumped massive amounts of cash into financial markets, it started to directly finance businesses by buying their debt in the bond market.
Jun 08, 2016, 16:54 PM IST
Eurozone inflation still negative at 0.1% in May
Eurozone inflation remained in negative territory in May, data showed Tuesday, providing further evidence that the European Central Bank`s unprecedented stimulus efforts are slow to work.
May 31, 2016, 18:42 PM IST
G7 focus on global growth as meeting kicks off in Japan
Finance ministers and central bankers from the G7 kicked off meetings in Japan today that could highlight a divide among the club of rich nations over currency policy and how to rev up global growth.
May 20, 2016, 11:58 AM IST
US puts Germany, China on watchlist for economic surpluses
The United States named Germany, China and three other East Asian countries on Friday to a new "monitoring" list of trade partners with excessive budget and trade surpluses.
Apr 30, 2016, 02:41 AM IST
IMF cuts eurozone growth forecast amid 'major' challenges
The IMF cut its growth forecasts for the eurozone on Tuesday as the refugee crisis, terrorism and the threat of Britain choosing to exit the EU weighed on the outlook.
Apr 12, 2016, 21:22 PM IST
Eurozone economic activity ticks up after sharp fall: Survey
Eurozone private sector business activity ticked up in March after a sharp fall in February, a closely watched survey showed Tuesday, but the outlook remains clouded.
Apr 05, 2016, 15:25 PM IST
Brexit risks taking multi-trillion euro trading from London
The ECB is determined to tackle an anomaly dating from 1999 when Britain opted out of the euro`s launch: a dominant share of trading in the currency it issues goes on outside its jurisdiction in London.
Apr 01, 2016, 16:04 PM IST
Eurozone inflation still negative, down 0.1% in March
Eurozone consumer prices continued to fall in March but at a slightly slower pace than in February, data showed Thursday, despite the European Central Bank`s massive economic stimulus programme.
Mar 31, 2016, 15:14 PM IST
Mario Draghi, Germany draw daggers over ECB`s mega-stimulus
A simmering war between ECB chief Mario Draghi and Germany erupted into the open on Friday after the bank unleashed an unprecedented stock of ammunition to light a fire under chronically weak inflation.
Mar 11, 2016, 23:53 PM IST
Battle to boost eurozone in doubt despite ECB bazooka
A long battle to avert deflation and jumpstart the 19-nation eurozone economy is far from over despite an unprecedented barrage of stimulus measures by the European Central Bank, analysts warn.
Mar 11, 2016, 23:50 PM IST
ECB delivers another adrenaline shot to eurozone economy
The European Central Bank brought out the heavy artillery Thursday to jumpstart the stalled eurozone economy, slashing already record-low interest rates, pumping massive new sums into the banking system and, for the first time, buying corporate bonds.
Mar 10, 2016, 22:56 PM IST
ECB cuts key rates, beefs up asset purchase programme
The European Central Bank on Thursday cut key interest rates and said it would spend tens of billions more to kickstart the chronically weak eurozone economy, sparking a sharp rally in stock markets.
Mar 10, 2016, 18:48 PM IST
Eurozone ministers seek to end Greece bailout row
The eurozone 19 ministers are meeting in Brussels just as EU leaders and Turkey hold talks next door to discuss the refugee crisis, in which Greece is also a sensitive focal point.
Mar 07, 2016, 20:53 PM IST
