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euro zone

Euro zone swings to trade surplus y/y in July

The euro zone swung to an unadjusted 6.5 billion euro trade surplus in July from a 36.3 billion euro deficit a year earlier as...

Euro zone ministers to agree to move to restrictive fiscal stance in 2024

Euro zone finance ministers will agree on Thursday to withdraw energy support measures to their economies and use the savings to cut budget deficits...

European business activity slows in June as higher interest rates begin to bite

Business activity growth in Europe slowed in June, pointing to a difficult end to the second quarter, according to preliminary data Friday, CNBC reports. The...

Euro zone inflation edges up in March, keeping ECB on alert

Euro zone inflation eased last month but underlying readings remained stubbornly high, Eurostat said on Wednesday, confirming preliminary data that raised worries at the...

Euro zone economy posts surprise expansion in the fourth quarter, curbing recession fears

The euro zone beat expectations on Tuesday by posting positive growth in the final quarter of 2022 and reducing fears of a potential regional...

ECB must keep raising rates even if recession risks rise, Lagarde says

The European Central Bank must keep raising interest rates to fight off inflation, even if the probability of a euro zone recession has increased,...

Euro zone inflation soars to new record as economic growth fades

Euro zone inflation surged to a fresh all-time high, while the bloc’s economy lost momentum, reinforcing fears that a recession is now all but...

French growth slows as Europe frets over recession

Hopes that the euro zone can stave off a recession got a boost as Germany defied expectations by reporting another quarter of economic growth,...

Euro zone inflation at double-digit record piles pressure on ECB

The euro zone’s economic crisis intensified with the first ever reading of double-digit inflation, piling pressure on the European Central Bank (ECB) to keep...

Euro zone inflation becoming increasingly broad, says ECB’s de Guindos

Euro zone inflation is becoming increasingly broad while growth is weakening as the bloc is struggling with the fallout from Russia's war in Ukraine,...