Eurozone

ECB cuts rates 25 bps to 3% amid worsening growth outlook for Euro zone

The ECB has been easing policy as inflation worries largely evaporate and the debate shifts to whether it is cutting rates fast enough to support an economy that is lagging global peers

Fitch ups 2024 world growth forecast to 2.6%; cautions on inflation

However, for 2025, Fitch expects world growth to edge down to 2.4 per cent as US growth slows to a below-trend rate of 1.5 per cent and growth in the Eurozone picks up to 1.5 per cent

Eurozone slips into recession after GDP shrinks 0.1% in Jan-Mar: Report

The Eurozone has fallen into recession, new data show, as its economy contracted over the winter, according to a media report

As Finland plans to join Nato, a look at how countries join the alliance

Nato's membership has increased from 12 to 30 countries through eight rounds of enlargement. The Republic of North Macedonia became the latest country to join Nato on March 27, 2020

Stocks, Euro register fall after stubborn Euro zone inflation data

MSCI's broadest index of world shares dipped 0.2%, hovering near 7-week lows. The STOXX 600 index slid 0.3% and Wall Street's S&P futures were down 0.6%

Eurozone inflation slows to 8.5% in January: EU statistical bureau

Inflation in the eurozone peaked at 10.6 per cent last October and has been slowly decreasing since then

European banks to Asian corporates, global bond sales reach nearly $600 bn

Financial firms have led the charge in global issuance this year as a sector, with year-to-date sales topping $250 billion

Euro-zone inflation hits record 8.6%, boosting case for big hikes

Driven once more by soaring food and energy costs, consumer prices jumped 8.6 per cent from a year earlier in June - up from 8.1 per cent in May

Euro zone inflation hits new record, adding to case for big ECB rate hikes

Energy prices jumped 39.2%, highlighting how the war and the accompanying global energy crunch are making life more expensive for the eurozone's 343 million people

European Central Bank rate hike can come as soon as July, says Lagarde

The ECB should end its stimulus bond-buying scheme "early in the third quarter", Lagarde said in a speech in Ljubljana

Covid-19: Euro zone inflation touches record 5% amid Omicron spread

Euro zone economic sentiment dropped more than expected last month

Inflation across eurozone hits record high of 4.9% as energy costs spike

This is the highest since records began in 1997

Euro inflation rises to 4.1%, hitting a new 13-year high in October

Consumer prices rose 4.1 per cent in October, compared with the median of economist estimates at 3.7 per cent

Eurozone inflation accelerates to 3.4% YoY in Sept, hits 13-year high

Eurozone inflation accelerated to 3.4 per cent year-on-year (y-o-y) in September, reaching a 13-year high, according to a flash estimate published on Friday by Eurostat

Eurozone economic slide during Covid-19 pandemic revised to 11.8%

The economy of the 19 countries that use the euro shrank by 11.8 per cent in the second quarter, the biggest decline on record and slightly less than originally reported, according to updated figures

German economy stagnates as eurozone records weakest growth in seven years

Germany and the eurozone also face the possibility of disrupted trade with Britain, which left the EU on January 31

ECB's stimulus signal pushes Eurozone bond yields to new lows

Two-year bond yields fell to 4 1/2-month lows at minus 0.796%

Eurozone business activity maintained growth in May, PMI shows

The services PMI edged down to 56.3 in May from 56.4 in April

Euro zone industrial output declines, largely due to drop in energy

It has dampened the prospects of robust economic growth after bullish sentiment indicators

Euro zone economy sparkles, lights way for ECB pull-back

It climbed to 56.7 from February's 56.0, its highest reading since April 2011