euro zone
Euro-area economic confidence drops again on industry, retail
Euro-area economic confidence slowed for a sixth month as the region struggles under the weight of higher interest rates, still elevated inflation and geopolitical...
Euro zone PMI hits lowest in nearly 3 years, stirs recession worries
Euro zone business activity took a surprise turn for the worse this month as demand fell in a broad-based downturn across the region, a...
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,...