Eurozone unemployment at lowest since August 2011
Eurozone unemployment fell to its lowest level in four-and-a-half years in January, official data showed Tuesday, beating forecasts but still too high to help stimulate growth in Europe`s nearly static economy.
Mar 01, 2016, 17:32 PM IST
G20 finance ministers warn against Brexit
Ministers from the world`s biggest economies lined up on Saturday to warn against a potential British exit from the European Union.
Feb 27, 2016, 18:14 PM IST
Eurozone inflation weaker than first estimated
Eurozone inflation in January was weaker than initially estimated, data showed Thursday, heaping further pressure on the European Central Bank to ramp up efforts to boost the economy in Europe.
Feb 25, 2016, 21:27 PM IST
Cameron says 'still no deal' at EU 'Brexit' summit
David Cameron on Friday said he had still not reached a deal with EU counterparts to try and keep Britain in the bloc as a crunch Brexit summit went into a second day.
Feb 19, 2016, 18:25 PM IST
`Grexit` fears loom without solid Greek reforms: IMF
Fears that Greece will exit the eurozone, a "Grexit", could revive if Greek authorities do not come up with "credible" reforms, notably on pensions, a senior IMF official said Thursday.
Feb 12, 2016, 05:08 AM IST
EU cuts 2016 eurozone growth forecast on China risks
The European Commission on Thursday cut its eurozone 2016 growth forecast to 1.7 percent from 1.8 percent.
Feb 04, 2016, 15:47 PM IST
Eurozone unemployment falls to 4-year low in December: Eurostat
The Eurostat statistics agency said unemployment in the 19-nation eurozone dropped to 10.4 percent in December from 10.5 percent in November, its lowest rate since September 2011.
Feb 02, 2016, 18:48 PM IST
Eurozone economy slows in December, recovery still on track: Survey
Eurozone private sector business activity slowed slightly in December but still held at a four-and-a-half year high as the recovery remained on track, creating much-needed jobs, a key survey showed Wednesday.
Dec 16, 2015, 20:51 PM IST
ECB loans 18.3 bn euros to banks at ultra-cheap rates
The European Central Bank said Friday it lent around 18.3 billion euros ($20 billion) to 55 banks in a sixth round of special liquidity measures aimed at reflating the eurozone economy.
Dec 11, 2015, 23:00 PM IST
ECB 'still has ammunition' to boost eurozone: Member
Financial markets may have been disappointed by the European Central Bank`s latest round of policy moves, but it still has other measures up its sleeve to boost recovery in the euro area, executive board member Yves Mersch said.
Dec 10, 2015, 23:11 PM IST
IMF urges ECB to use all tools to support eurozone
The International Monetary Fund welcomed moves announced by the European Central Bank on Thursday to support the eurozone, and urged it to use its entire toolbox to spur growth.
Dec 03, 2015, 22:58 PM IST
The ECB`s QE and negative interest rates: how they work
The European Central Bank on Thursday fired off a new volley of monetary policy shots aimed at pushing up chronically low inflation in the euro area.
Dec 03, 2015, 22:51 PM IST
ECB rolls out more anti-deflation artillery
The European Central Bank stepped up efforts Thursday to kickstart chronically low inflation in the euro area, cutting a key interest rate and extending its controversial asset purchase programme, but financial markets reacted with disappointment.
Dec 03, 2015, 22:31 PM IST
Eurozone unemployment falls to 10.7% in October, lowest in four years
The European Union`s Eurostat agency said unemployment in the 19-country single currency bloc fell to 10.7 percent in October from 10.8 percent in September, reaching the lowest level since January 2012.
Dec 01, 2015, 22:51 PM IST
Eurozone won't release new money for Greece until reforms done
The eurozone will release the next tranche of loans for Greece as well as money for bank recapitalisation only after Athens implements agreed reforms, euro zone finance ministers said, noting a Greek pledge the conditions would be met this week.
Nov 10, 2015, 06:50 AM IST
Eurozone set for 'moderate' recovery in 2016, 2017
The eurozone economy is set to continue its moderate recovery over the next two years in the wake of the Greek bailout crisis, despite headwinds from the wider global economy, the EU said Thursday.
Nov 05, 2015, 20:13 PM IST
European banking supervision functioning well: Bundesbank
Europe's new single banking supervisory system, set up a year ago, is working well, the German central bank said Friday, while also pointing to areas where improvements could still be made.
Oct 02, 2015, 21:01 PM IST
EU unveils push for non-bank lending to end slump
The EU`s financial services chief unveiled a wide array of measures Wednesday to encourage non-bank lending across Europe in a bid to reboot slumping investment that is threatening economic growth.
Sep 30, 2015, 17:52 PM IST
Eurozone falls back into deflation
Eurozone inflation unexpectedly fell to negative 0.1 percent in September, data showed Wednesday, suggesting a dangerous spell of falling prices could be returning to Europe.
Sep 30, 2015, 17:18 PM IST
Eurozone loans to private sector increase slightly: ECB
Growth of loans to the private sector in the euro area, a gauge of economic health, is picking up speed, albeit very slowly, European Central Bank data showed on Friday.
Sep 25, 2015, 14:16 PM IST
