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Euro Zone News
IMF says too many euro zone countries not using good times to cut debt
Fri, Oct 12, 2018
Too many euro zone countries are missing the opportunity to reduce debt now, when economic growth is good, to prepare for the next economic downturn, the head of the International Monetary Fund`s European department Poul Thomsen said.
Euro zone factory growth subdued on trade fears, rising prices - PMI
Wed, Aug 01, 2018
IHS Markit`s July final manufacturing Purchasing Managers` Index only nudged up to 55.1 from June`s 18-month low of 54.9, unchanged from an initial reading and still comfortably above the 50 level that separates growth from contraction.
Trade worries slow euro zone economic growth in second-quarter, inflation up on energy
Tue, Jul 31, 2018
Euro zone economic growth slowed further in the second quarter, preliminary data showed, on what economists said were concerns over a possible trade war with the United States.
Euro zone not facing new debt crisis, says EU's Jean-Claude Juncker
Sat, Jun 02, 2018
A governing coalition comprising two parties hostile to the euro was installed in Italy on Friday, calming markets spooked by the possibility of a new election that might have become a referendum on quitting the single currency.
Euro zone widens trade surplus despite strong euro
Tue, Jan 16, 2018
The European statistics office Eurostat said the euro zone`s surplus in goods trade rose in unadjusted terms to 26.3 billion euros in November, up from 18.9 billions in October. It was also higher than the 23.8 billion surplus recorded a year earlier.
Euro zone needs 19 healthy economies, not special budget, says Dutch PM
Fri, Dec 15, 2017
The euro zone does not need a special budget to help deal with crises, but rather 19 healthy national budgets that can withstand economic shocks, Dutch Prime Ministers Mark Rutte will tell his fellow European Union leaders on Friday.
Euro zone businesses to start 2018 on near seven-year high
Thu, Dec 14, 2017
Businesses across the euro zone are ending 2017 on a near seven-year high, with demand and price pressures picking up and forward-looking indicators pointing to a busy start to 2018.
Whether new dawn or another false one, euro zone economy is full of surprises
Wed, Nov 22, 2017
The surprise economic star of 2017, when it wraps up next month, will have been the euro zone: growth looks set to come in at 2.2% compared with a forecast this time last year of just 1.4%.
Facing election defeat, France's Le Pen flip-flops on euro
Mon, May 01, 2017
Voter surveys show Macron winning next Sunday with 59-60 percent of the vote, and Le Pen`s plans to quit the EU and the euro are among the least popular policies in her protectionist, anti-immigration electoral platform.
Asia stocks sluggish after weak U.S. GDP, dollar dips
Mon, May 01, 2017
Asian shares took their cue from Wall Street, where the Dow and the S&P 500 both lost 0.2 percent on Friday after data showed the U.S. economy grew at its weakest pace in three years in the first quarter.
Euro zone's Dijsselbloem says next loan to Greece may not come soon
Tue, Feb 21, 2017
"I want to temper expectations. There is no need for a disbursement in March, April or May," he said. Greece will need new funds to pay its debt by July.
Global markets brace for U.S. jobs data, seeking Fed clues
Fri, Sep 02, 2016
Economists polled by Reuters expect the U.S. economy to have added about 180,000 jobs in August, wages to nudge up and for the overall unemployment rate to dip to 4.8 percent.
Will Brexit push Indian Rupee to 70?
Fri, Jun 17, 2016
CARE Ratings, in May said that Rupee is likely to depreciate in value and trade around 69 to a dollar in the current year. Although its reasoning were more to do with the US Federal Reserve, and FCNR deposits that are coming up for redemption.
Euro zone hails $11.5 billion 'breakthrough' deal between Greece, IMF
Thu, May 26, 2016
The late-night compromise spared the battered European Union the risk of another Greek crisis this year.