Currently browsing : eurozone
15th May, 2013
Eurozone recession extends into sixth quarter
Overall, the euro region's economy contracted 0.2 per cent in the January-March period from the previous three months.
Overall, the euro region's economy contracted 0.2 per cent in the January-March period from the previous three months.
14th May, 2013
Eurozone growth hopes emerge after industrial data
Official figures released Tuesday from Eurostat showed eurozone industrial output rose a monthly one per cent in March.
Official figures released Tuesday from Eurostat showed eurozone industrial output rose a monthly one per cent in March.
25th March, 2013
Euro rebounds in Asia on Cyprus bailout deal
Final backing for the deal came after 12 hours of talks between Cypriot President Nicos Anastasiades and the EU, ECB and IMF.
Final backing for the deal came after 12 hours of talks between Cypriot President Nicos Anastasiades and the EU, ECB and IMF.
18th March, 2013
Cyprus faces recession for decades after EU deal: economists
Cyprus will plunge into a recession lasting for decades due to the onerous terms of an EU bailout.
Cyprus will plunge into a recession lasting for decades due to the onerous terms of an EU bailout.
14th February, 2013
German economy set for rebound after contraction in fourth quarter
The national statistics office Destatis calculated that GDP contracted by 0.6 per cent in price, calendar and seasonally adjusted terms from October to December.
The national statistics office Destatis calculated that GDP contracted by 0.6 per cent in price, calendar and seasonally adjusted terms from October to December.
11th January, 2013
Unemployment, it’s now
Unemployment across the Eurozone hit a new high with the number of jobless people in the region rising to 18.8 million.
Unemployment across the Eurozone hit a new high with the number of jobless people in the region rising to 18.8 million.
30th November, 2012
Eurozone jobless rate climbs to record 11.7%: EU
Compared with October 2011, an extra 279,000 young people were out of work in the EU and 350,000 in the eurozone in October this year.
Compared with October 2011, an extra 279,000 young people were out of work in the EU and 350,000 in the eurozone in October this year.
16th November, 2012
IMF head says Eurogroup deal key to saving Greece
Christine Lagarde said the Eurogroup's focus was getting the debt-wracked country on a “sustainable” path as soon as possible.
Christine Lagarde said the Eurogroup's focus was getting the debt-wracked country on a “sustainable” path as soon as possible.
7th October, 2012
Spain faces fresh street protests as unions call for strike
Hundreds of thousands of Spaniards have taken to the streets in near-daily protests over the past few months, creating a headache for the centre-right government as it faces regional elections and tries to assure investors the country is stable.
Hundreds of thousands of Spaniards have taken to the streets in near-daily protests over the past few months, creating a headache for the centre-right government as it faces regional elections and tries to assure investors the country is stable.
31st August, 2012
Eurozone jobless rate stuck at record high in July
In Spain, the jobless figure rose by another 0.2 points to reach 25.1 per cent, the highest in the eurozone.
In Spain, the jobless figure rose by another 0.2 points to reach 25.1 per cent, the highest in the eurozone.
26th July, 2012
Gold rises for 3rd day on stimulus expectations
Gold edged up on Thursday, extending gains to a third session on stimulus hopes, although most analysts the rally is not likely to sustain.
Gold edged up on Thursday, extending gains to a third session on stimulus hopes, although most analysts the rally is not likely to sustain.
26th July, 2012
Asian markets mostly up on upbeat earnings
Asian markets mostly rose following upbeat earnings results in the region and the United States along with raised hopes for a eurozone bailout fundings.
Asian markets mostly rose following upbeat earnings results in the region and the United States along with raised hopes for a eurozone bailout fundings.
25th July, 2012
Brent steady at $103 on worries about euro zone
Brent remained steady at $103 as worries about oil demand from the troubled euro zone and the United States offset any gains to oil prices.
Brent remained steady at $103 as worries about oil demand from the troubled euro zone and the United States offset any gains to oil prices.
24th July, 2012
Oil down in Asian trade on eurozone gloom
Oil declined in Asian trade with investor sentiment still under pressure on concerns over the eurozone's long-running debt crisis.
Oil declined in Asian trade with investor sentiment still under pressure on concerns over the eurozone's long-running debt crisis.
22nd July, 2012
Spain bailout fears peak after black Friday
A eurozone bailout for Spain's banks and a tough batch of pay cuts and tax hikes have not been enough to save the country from the risk of a full-blown bailout.
A eurozone bailout for Spain's banks and a tough batch of pay cuts and tax hikes have not been enough to save the country from the risk of a full-blown bailout.
20th July, 2012
Spanish take to streets over austerity measures
The protest was was one of over 80 demonstrations called by unions across the county against civil servant pay cuts and tax hikes which drew tens of thousands of people.
The protest was was one of over 80 demonstrations called by unions across the county against civil servant pay cuts and tax hikes which drew tens of thousands of people.
19th July, 2012
Oil rises in Asia after Wall St gains
Oil headed up in Asian trade Thursday, tracking gains on Wall Street as well as Asian bourses and buoyed by a dip in US crude stockpiles.
Oil headed up in Asian trade Thursday, tracking gains on Wall Street as well as Asian bourses and buoyed by a dip in US crude stockpiles.
19th July, 2012
Euro steadies as yen gains on renewed Europe concerns
Comments by German Chancellor Angela Merkel rekindled fears about the euro zone debt crisis, to the benefit of the safe-haven yen.
Comments by German Chancellor Angela Merkel rekindled fears about the euro zone debt crisis, to the benefit of the safe-haven yen.
16th July, 2012
Germany’s top court to announce euro rulings on Sept 12
Germany's Constitutional Court will keep Europe waiting until Sept. 12 for its verdict on acceptance of the new tools for fighting the euro zone debt crisis.
Germany's Constitutional Court will keep Europe waiting until Sept. 12 for its verdict on acceptance of the new tools for fighting the euro zone debt crisis.
10th July, 2012
Eurozone to offer Spain 30 bln euro bailout end month
The accord “will enable a payment of 30 billion euros by the end of the month” to help Spain's distressed banks, said Juncker.
The accord “will enable a payment of 30 billion euros by the end of the month” to help Spain's distressed banks, said Juncker.
