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euro-area

Euro-zone economy faces inflation surge from Russia’s war

The euro-area economy is reeling from surging inflation and new supply-chain disruptions after Russia’s invasion of Ukraine boosted energy costs and clouded the outlook...

Euro-area activity drops to nine-month low on resurgent virus

Euro-area economic activity slowed as rising coronavirus cases hurt service providers to offset an improvement in manufacturing output. Inflation pressure eased a little, according...

ECB heads into pivotal policy meeting with inflation and Omicron infections rising

With inflation surging and the Omicron Covid variant expected to spread through the region, the European Central Bank (ECB) has the unenviable task of presenting its...

Euro area inflation climbs faster than expected to 13-year high

Inflation in the euro area accelerated more than expected to the highest level in 13 years, adding fuel to a debate over how long...

Euro area business activity slows amid supply strains

Business activity in the euro area lost momentum in September after demand peaked over the summer and supply chain bottlenecks hurt both services and...

French inflation hits highest level in almost three years

The inflation in France rose to its highest level since late 2018 as food and energy costs accelerated and manufactured goods prices rebounded with...

European factories hire workers at record pace to fill orders

Euro-area factories are hiring new workers at a record pace to keep up with persistently strong orders, according to Bloomberg.  Job creation was particularly pronounced...

Erste Group revises Romania’s 2021 growth outlook to 6.7%

Erste Group revised an upward forecast for Romania's 2021 economic growth from 4.2% (in Q1) to 6.7%. The Austrian group expects that the growth...

Euro area reopening boom lifts confidence to all-time high

Confidence in the euro-area economy climbed to a record in July as business resurges following the end of coronavirus lockdowns, according to Bloomberg. Factories in...