ECB's Draghi says too early to decide on further stimulus
Risks to Europe`s inflation and growth outlook have increased due to the emerging market slowdown but the European Central Bank needs more time before deciding on further stimulus, ECB President Mario Draghi said on Wednesday.
Sep 23, 2015, 22:38 PM IST
Eurozone growth slows in September
Growth in the eurozone economy slowed in September but despite the monthly dip, it still expanded at the fastest quarterly rate in four years, a key business survey showed Wednesday.
Sep 23, 2015, 15:10 PM IST
Alexis Tsipras to back Greek bailout with Tsakalotos as FM
Greek Prime Minister Alexis Tsipras will reappoint Euclid Tsakalotos as finance minister, a senior source in his leftist Syriza party said on Tuesday, to offer continuity in bailout talks with international lenders.
Sep 22, 2015, 19:04 PM IST
Weary Greeks brace for more economic pain after Tsipras victory
Weary Greece braced for more painful austerity Monday as left-wing prime minister-elect Alexis Tsipras worked on forming a coalition to drive through unpopular reforms agreed with the nation`s international creditors.
Sep 21, 2015, 21:54 PM IST
Spain`s economic recovery masks lingering jobs crisis
this summer he packed and left for the only place he could find a decent job -- Germany.
Sep 20, 2015, 11:18 AM IST
Eurozone inflation revised lower to in August
Inflation in the 19-country eurozone fell to 0.1 percent in August, revised data showed Wednesday, in a sign that a dangerous spell of falling prices could be returning to Europe.
Sep 16, 2015, 16:33 PM IST
Eurozone growth not strong enough to create jobs: ECB
Growth is picking up in the 19-country eurozone, but not enough to create jobs in the region, a member of the European Central Bank`s executive board said in an interview published Friday.
Sep 11, 2015, 22:30 PM IST
European stocks rally on eurozone data, Shanghai gains
Europe`s main stock markets rallied Tuesday on upwardly revised eurozone economic growth data and gains in Shanghai, dealers said.
Sep 08, 2015, 17:40 PM IST
Eurozone growth revised up to 0.4% in second quarter
The 19-nation eurozone grew by 0.4 percent in the second quarter, official data showed on Tuesday, revising upward a first estimate that triggered worry the crisis in Greece had destabilised growth in Europe.
Sep 08, 2015, 17:11 PM IST
ECB could ramp up bond purchase programme if necessary: Draghi
The European Central Bank could ramp up its contested bond purchase programme, extending it beyond September 2016 if needed, ECB president Mario Draghi said on Thursday.
Sep 03, 2015, 21:09 PM IST
ECB seen cutting inflation outlook, hinting at more policy action
The European Central Bank is set to cut its inflation forecasts on Thursday but hold back from concrete policy action, promising only to beef up its bond-buying programme if growth and inflation prospects weaken further.
Sep 03, 2015, 17:38 PM IST
ECB holds rate steady as focus on inflation, China
The European Central Bank held its key interest rates steady on Thursday, a spokesman said, amid investor concern over the economic fallout from the slowdown in China.
Sep 03, 2015, 17:35 PM IST
Greece raises 1.4 bn euros in six-month treasury bill sale
Greece raised Wednesday 1.137 billion euros ($1.280 billion) in an auction of six-month treasury bills at the same 2.97 percent interest rate it last sold them at last month, the Greek Public Debt Management Agency said.
Sep 02, 2015, 18:49 PM IST
China manufacturing contracts, eurozone and US slows
China`s giant manufacturing industry contracted and eurozone and US growth eased in August in data published on Tuesday, while the International Monetary Fund cut its forecast for world growth this year.
Sep 01, 2015, 23:03 PM IST
China, eurozone weaken despite world awash with cash
China`s giant manufacturing industry contracted while British and eurozone growth eased in August, rattling markets and reinforcing expectations interest rates may fall again or stay near zero for longer.
Sep 01, 2015, 18:55 PM IST
Eurozone unemployment lowest for three years
Unemployment in the eurozone fell to its lowest level for three and a half years in July, raising hopes that economic recovery in the single currency area is taking hold, official data showed on Tuesday
Sep 01, 2015, 18:48 PM IST
Eurozone unemployment lowest for three years
Joblessness in the 19-nation currency bloc fell from 11.1 percent in June, the EU statistics agency Eurostat said, but with youth unemployment at a still high 21.9 percent.
Sep 01, 2015, 15:17 PM IST
Eurozone inflation steady at 0.2% in August
Food, alcohol and tobacco, and services showed the highest rate rise with 1.2 percent, followed by industrial goods on 0.6 percent, according to the EU`s Eurostat data agency.
Aug 31, 2015, 15:58 PM IST
Greek leftists say they would apply bailout but fight to ease pain
The leftist Syriza party of former Prime Minister Alexis Tsipras will challenge Greece`s creditors on unresolved aspects of the nation`s bailout but implement unpopular reforms it has already agreed, it said on Sunday.
Aug 30, 2015, 20:51 PM IST
Greek economy grew by 0.9% in Q2
Greece`s economy grew by 0.9 percent in the second quarter, official date showed Friday, improving on the 0.8 percent figure reported in a flash estimate earlier in August.
Aug 28, 2015, 15:48 PM IST
