Eurozone - Page 2

Growth ground to a halt at the end of the year in Germany, Europe´s largest economy, as manufacturing remained in a slump and exports fell.

The UK has once again defied the expectations of economists, enjoying the 13th quarter of growth since the 2016 Brexit referendum.

A new study shows German consumers are growing more pessimistic amid growing concerns about the global economic downturn, trade conflicts and Brexit.

Inflation in the 19-country eurozone has fallen to its lowest rate since November 2016.

The head of the European Central Bank says the economy in the 19-country eurozone is not showing signs of a rebound and urged governments to help by spending more on top of the central bank’s latest package of stimulus measures.

Official figures show that inflation across the 19-country eurozone was lower in July than anticipated, bolstering expectations that the European Central Bank will provide another shot of stimulus to the single currency bloc next month.

Brexit Party chairman Richard Tice has said the single-currency eurozone is “destined to fail” and that to ensure the future prosperity of Brexit Britain, the country must strengthen trade relationships with the rest of the world.

LONDON (AP) – A closely watched survey is showing that the 19-country eurozone economy lost further momentum in April.

An index of German business optimism fell in April as Europe’s largest economy struggles with a slowdown in trade and manufacturing even as it finds support from a strong labor market.

The eurozone economy received a double dose of bad news Monday as inflation fell further away from the European Central Bank’s target and a closely monitored survey showed the crucial manufacturing sector shrinking at its fastest rate in six years.

Business confidence in Germany has fallen for the sixth consecutive month and hit a four-year low as worries persist about the outlook for Europe’s biggest economy at a time of global trade tensions, a closely watched survey showed Friday.

European Union officials have slashed their growth forecast for the 19 countries that use the euro, saying even the lower estimate was vulnerable to “large uncertainty” from slowing growth in China and weakening global trade.

A closely watched survey shows that economic growth across the 19-country eurozone dipped further at the start of 2019 to its lowest level in five-and-a-half years.

Inflation in the 19-country eurozone eased in January, a potential sign of economic weakness for a region beset by multiple challenges, from Brexit to disputes in international trade.

Frankfurt am Main (AFP) — German business confidence fell to a nearly three-year low in January, a closely-watched survey said Friday, in the latest sign of waning momentum in Europe’s top economy.

FRANKFURT, Germany (AP) – European Central Bank head Mario Draghi on Thursday issued a darker outlook for the region’s economy and said the bank is ready to use all its monetary levers in case the slowdown takes a turn for the worse.

ATHENS, Greece (AP) – Greek riot police used tear gas Thursday against a small group of left-wing activists protesting the visit of German Chancellor Angela Merkel to Athens.

ATHENS, Greece (AP) – Authorities have banned demonstrations in a large section of central Athens and will shut down streets and subway stations during a visit by German Chancellor Angela Merkel, who arrives in the Greek capital Thursday afternoon for

BERLIN (AP) – German factory orders dropped in November, dragged down by a fall in demand from other eurozone countries.

Following the European Union’s climbdown on the Italian budget, populist League MP Claudio Borghi has revealed that if sanctions had not been dropped Italians would have begun a debate on leaving the EU entirely.

France and Germany have vowed to push forward with plans to curb national sovereignty on financial matters in the eurozone, with ministers from the 19 countries set to enter talks in the coming days on creating a common budget.

The 19-country eurozone economy lost momentum in September despite a resilient performance by the services sector in Italy, according to a closely watched survey released Wednesday.

The Single Supervisory Mechanism, the European Central Bank’s financial watchdog, has become concerned about the knock-on effects the fall of the Turkish lira will have on some of Turkey’s European lenders after it experienced one of the biggest one-day falls of any free-floating currency in 20 years.

BERLIN (AP) – Chancellor Angela Merkel’s Bavarian allies responded skeptically Wednesday to the German leader’s agreement to a future eurozone budget, adding to a conflict over migration that has shaken the government. Bavaria’s Christian Social Union party is locked in

France and Germany have agreed to introduce a single Eurozone budget and shared emergency funds for the bloc, as the European Union (EU) races towards deeper, globalist integration after the Brexit vote.

FRANKFURT, Germany (AP) – Germany’s finance minister is urging bolder steps to strengthen the euro currency union by setting up a fund to help countries hard hit by unemployment and by laying the foundations of an EU-wide tax system.

Weakening morale in Germany, declining optimism among manufacturers, and spooked markets have put predictions of strong growth made by the Central European Bank in doubt, wire news service Reuters reports. Of the Eurozone fall, Reuters writes: Economic sentiment in the

Matteo Salvini, who leads Italy’s nationalist-populist Lega Nord (Northern League), has committed to leaving the European Union’s single currency zone if he wins big in this year’s elections.

Dire prophecies of an economy in freefall after Brexit have suffered another blow with the publication of a report which indicates that Britain will outperform Germany, France and the entire Eurozone over the coming years. Oxford Economics, which employs around

BERLIN (AP) — Germany and France pledged Monday to seek ways to strengthen the 19-nation eurozone, with harmonizing corporate taxes among the possible measures they will mull over in the coming weeks.

Emmanuel Macron plans to use his first full day as president of France to fly to Berlin to lobby for greater Eurozone integration. Macron wants a common budget and a joint finance minister for all 19 states to have adopted the euro.

ATHENS, Greece (AP) – Greek government officials said Tuesday they have reached an agreement with its creditors on the terms to restart bailout loan payouts, following months of tough negotiations.

An up-and-coming leader of Finland’s only Eurosceptic party has proposed a national referendum on leaving the European Union as well as on abandoning the euro in favor of a national currency.

THE HAGUE, Netherlands (AP) — The eurozone’s top official said “fatigue may have played a role” for comments he made last month that unleashed a storm of criticism across southern Europe. In an interview with Dutch newspaper De Volkskrant, published

Top eurocrats fear that should Marine Le Pen win the French presidency, the European Union will not survive. “From the [European] Commission’s point of view, success for Marine Le Pen is a disaster and an existential threat to the European

ATHENS (AFP) – Greece is close to a long-delayed deal with its creditors after months of tough talks, a senior official has said. “We are close to an agreement in coming days,” Greek parliament chief Nikos Voutsis told a European Left meeting