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eurozone

Eurozone returns to growth while core inflation remains strong

The euro-area economy returned to growth while underlying inflation pressures persisted, supporting early arguments for the European Central Bank to raise interest rates again,...

Eurozone slips into recession after German revision

The eurozone economy was in technical recession in the first three months of 2023, data from European statistics agency Eurostat showed on Thursday, after...

Eurozone inflation falls more than expected to 6.1% as core pressures ease

Inflation in the eurozone eased more than expected in May, with flash figures showing the bloc’s annual headline inflation rate fell to 6.1% in...

ECB warns of hit to top European banks if funds run into trouble

The euro zone's top banks may take a hit if their financial clients, such as funds, insurers and clearing houses, withdrew their deposits or...

Eurozone Q1 GDP growth confirmed at 0.1% q/q

Eurozone economic growth was 0.1% quarter-on-quarter in the first three months of the year, the EU's statistics agency confirmed on Tuesday, with rising employment...

ECB says consumers’ inflation expectations rose significantly

Consumer expectations for euro-zone inflation rose “significantly” in March, bolstering the case of European Central Bank officials who say interest-rate increases may need to...

Eurozone economy posts meager growth in first quarter

The eurozone economy expanded only slightly in the first quarter of the year, after stagnating at the end of last year, preliminary data released...

Central banks signal end of bank turmoil with cut in dollar funding line

The world's top central banks are cutting the frequency of their dollar liquidity operations with the U.S. Federal Reserve from May, sending the clearest...

Euro area faces risk of entrenched inflation says Villeroy

The euro area faces a risk of entrenched inflation that the European Central Bank is determined to combat by keeping interest rates high for...

European shares rise ahead of eurozone inflation data

European shares rose on Tuesday as investors rebuffed concerns over surprise output cuts by OPEC and its allies while awaiting eurozone producer prices for...