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European Economy News

19 Apr 2016

Eurozone bank sector on mend, ECB survey shows

Europe`s battered financial sector is showing further signs of mending and banks are increasingly competing for custom by easing credit standards, a key European Central Bank survey showed on Tuesday.

19 Apr 2016

Eurozone bank sector on mend, ECB survey shows

Europe`s battered financial sector is showing further signs of mending and banks are increasingly competing for custom by easing credit standards, a key European Central Bank survey showed on Tuesday.

13 Apr 2016

Brexit to be very bad for European economy: Nicolas Sarkozy

"In my personal opinion, Brexit will be a very bad thing for Europe because of the simple reason that Great Britain at the moment is the second biggest economy of Europe. To lose the second biggest economy of Europe will be a big loss," Sarkozy said at an industry conference.

Eurozone inflation

05 Jan 2016

Eurozone inflation unchanged at 0.2% in December

Eurozone inflation remained unchanged at a lower than expected 0.2 percent in December, official data said on Tuesday, adding pressure on the European Central Bank to ramp up its efforts to boost the economy in Europe.

15 Sep 2015

Refugees 'may end up boosting European economies': Analysts

European nations overwhelmed by the biggest refugee crisis since World War II may end up boosting their economies if they just let the migrants in, analysts say.

European Economy

20 Jun 2015

Europe, IMF await new Greek concessions

European Union heads have called on Greece`s leftist government to present new reform and budget proposals, with Greek minister of state Alekos Flambouraris saying Saturday Athens could propose re-worked measures.

Greece's impending default

19 Jun 2015

Calm reigns as Greece inches closer to default

The pan-European FTSEurofirst 300 index rose 0.7 percent, including gains for Spanish and Italian stocks.

European Economy

19 Jun 2015

European stocks mixed at open

Investors brushed off increasing worries about Greece`s future in the eurozone after talks between the bloc`s Eurogroup of finance ministers fell apart Thursday.

12 Jun 2015

Europe gains on Greek hopes; dollar up before US data

Europe`s main bourses picked after a slow start. The benchmark FTSEurofirst 300 was last up 0.6 percent, as hopes Greece was closing in on a deal with the European Union, International Monetary Fund and European Central Bank. Greek stocks surged 7 percent.

European stocks

11 Jun 2015

European stocks extend gains, dollar lifted by Fed feelings

Europe`s main bourses picked after a slow start with the region`s benchmark FTSEurofirst 300 last up 0.5 percent, as hopes returned that Greece was close to sealing a deal with its creditors. Athens` stock market surged more than 6 percent.

European stocks

11 Jun 2015

European stocks open with losses

Europe`s main stock markets fell at the start of trading on Thursday, with London`s benchmark FTSE 100 index losing 0.30 percent to 6,809.57 points.

03 Jun 2015

Eurozone unemployment drops to 11.1% in April: Eurostat

EU-wide, unemployment in the 28 member states fell by 0.1 percent to 9.7 percent in April.

26 May 2015

Amazon starts declaring sales to pay taxes in 4 European countries

Amazon has tax agreements in Luxembourg under which it recorded European sales and paid taxes on them in the tiny country instead of at the source.

European stocks

14 May 2015

European stocks wobble in holiday trade

European markets continue to be under pressure.

European stocks

14 May 2015

European stocks drop at open

European stock markets fell at the start of trading on 14th May.

13 May 2015

Eurozone growth strengthens in first quarter

The eurozone has benefitted from sharply lower oil prices.

European stocks

13 May 2015

European stocks advance at open

European stock markets climbed at the start of trading on 13th May, with FTSE 100 index up 0.29%.

Germany's Employment Rate

30 Apr 2015

German unemployment hits 24-year low

In raw or unadjusted terms, the jobless total decreased by 88,660 to 2.843 million and the jobless rate fell to 6.5 percent in April from 6.8 percent in March, the labour office said.

31 Mar 2015

Eurozone deflation eases, unemployment drops

Deflation in the eurozone eased in March, official data showed Tuesday, reducing concerns that the European economy faces a dangerous spiral after four straight months of falling consumer prices.

Industrial output

12 Dec 2014

Eurozone industrial production rises 0.1% in October

Industrial output in the eurozone rose a very slight 0.1 percent in October, official data showed on Friday, in another sign that the European economy remains stalled.

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