euro zone

 

ECB to hike rates before next downturn, say confident economists: Reuters poll

Jul 19 2018 | 1 hrs ago

European Central Bank will raise rates in the second half of next year, according to a Reuters poll of economists, who were confident that will be before the next economic downturn.

Euro zone trade in goods surplus shrinks in May as exports drop

Jul 16 2018

uro zone’s surplus for goods traded with the rest of the world dropped in May as exports fell and imports increased, one month before United States’ tariffs on European steel and aluminum kicked in, official data showed.

EU to back Bulgaria's first step toward joining euro: Source

Jul 12 2018

Euro zone finance ministers are expected to give their green light on Thursday to Bulgaria’s bid to join the bloc’s banking union, a step toward the Balkan state’s adoption of the euro, EU officials said.

ECB sees rates at record low levels for as long as needed: Minutes

Jul 12 2018

Euro zone interest rates will remain at their current level for as long as needed to raise inflation and the European Central Bank’s guidance should be seen as “open-ended”, ECB policymakers concluded in June according to minutes of their meeting published on Thursday.

Euro zone industry output increases in May

Jul 12 2018

Production at factories in the 19 countries sharing the euro currency increased by more than expected in May, data from European statistics office Eurostat showed on Thursday.

EU Commission cuts euro zone growth forecasts, blames trade wars

Jul 12 2018

European Commission cut its forecasts for the euro zone’s economic growth this year, saying the main causes for the revision were trade tensions with the United States and rising oil prices which are pushing the bloc’s inflation higher.

Core euro zone bond yields flat to higher as supply dominates

Jul 10 2018

“Bond yields should edge higher this week because of supply pressures and as trade war concerns fade slightly, fostering more risk appetite,” said Chatwell.

ECB's Draghi pleads with Parliament for euro area deposit insurance

Jul 09 2018

European Central Bank President Mario Draghi renewed his call for a common bank deposit insurance scheme for the euro area on Monday, arguing that sharing a risk helps reduce it.

Central bankers pour cold water on EU spending ambition

Jul 05 2018

Two euro zone central bankers poured cold water on Thursday on ambitions to give the European Union more powers to spend common cash when the economy sours.

Euro zone consumer sales flat in May, industry prices rise

Jul 03 2018

Monthly retail sales in the euro zone were flat in May after a small drop the previous month, official data released on Tuesday by Eurostat showed, in a sign of stagnant consumption in the 19-country currency area.

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