FRANKFURT, Sept 27 (Reuters) - The amount of money circulating in the euro zone shrank by the most on record last month as banks curbed lending and depositors locked up…
By Jonathan Cable LONDON, Sept 22 (Reuters) - The euro zone economy is likely contract this quarter and won't return to growth anytime soon, a survey showed, as the dampening…
NEW YORK, Sept 21 (Reuters) - Euro zone companies are finally absorbing wage pressures and the labour market has started to soften, European Central Bank chief economist Philip Lane said…
FRANKFURT, Sept 18 (Reuters) - The European Central Bank's rate hike on Thursday may have been its last for now but policymakers will need until March to be sure and…
Sept 17 (Reuters) - European Central Bank Governing Council member Yannis Stournaras said governments must do their part in reining in consumer prices after borrowing costs reached a level that…
BRUSSELS, Sept 15 (Reuters) - 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 costs…
BRUSSELS, Sept 13 (Reuters) - Euro zone industrial production dropped much more than expected in July, data showed on Wednesday, underlining downward revisions of economic growth for this year in…
By Francesco Canepa FRANKFURT, Sept 12 (Reuters) - The European Central Bank expects inflation in the 20-nation euro zone to remain above 3% next year, bolstering the case for a…
Sept 7 (Reuters) - Euro zone employment rose by 0.2% quarter-on-quarter and rose by 1.3% year-on-year in the second quarter, the European Union statistics office said on Thursday, confirming its…
BRUSSELS, Sept 6 (Reuters) - Retail sales in the euro zone declined in July, though only due to reduced automotive fuel purchases, while June registered an increase rather than the…
LONDON, Sept 1 (Reuters) - The downturn in euro zone manufacturing eased last month, suggesting the worst may be over for the bloc's beleaguered factories although demand weakened to its…
By Balazs Koranyi FRANKFURT, Aug 31 (Reuters) - Euro zone inflation proved unexpectedly stubborn this month although price pressures for underlying goods eased, providing ammunition for both supporters and opponents…
BRUSSELS, Aug 30 (Reuters) - Euro zone economic sentiment was weaker than expected in August, continuing a steady decline since the start of the year and inflation expectations among consumers…
Aug 4 (Reuters) - The European Union's statistics office Eurostat released the following data on retail sales in the euro zone in June. Volume of retail trade % change compared…
FRANKFURT, Aug 4 (Reuters) - Underlying inflation in the euro zone has probably peaked, pointing to slower growth in other prices too, the European Central Bank said on Friday. The…
FRANKFURT, July 31 (Reuters) - Euro zone inflation fell further in July and most measures of underlying price growth also eased, in a largely comforting sign for the European Central…
BRUSSELS, July 31 (Reuters) - The euro zone returned to growth in the second quarter of 2023, with a greater than expected expansion after narrowly avoiding a technical recession around…
FRANKFURT, (Reuters) - Big euro zone firms are recording stagnating activity levels and see no improvement in the current quarter with risks tilted towards even more negative outcomes, the European…
Stournaras and Kazimir see end of hikes Differ on whether one more is needed No rate cut seen for several months Surveys point to worsening outlook Inflation, GDP data provides…
FRANKFURT, July 28 (Reuters) - Core inflation in the euro zone will come down more slowly than previously thought as wage growth is seen picking up in a tight labour…
BRUSSELS Â (Reuters) - Euro zone finance ministers agreed that the single currency area needed a "determined, gradual and realistic" reduction of government spending to boost economic growth and prepare for…
BRUSSELS, July 14 (Reuters) - The euro zone almost eliminated its trade deficit in May, non-adjusted data showed on Friday, as exports of chemicals and machinery picked up and the…
LONDON, July 3 (Reuters) - Euro zone manufacturing activity contracted faster than initially thought in June as persistent policy tightening by the European Central Bank squeezed finances, according to a…
FRANKFURT, June 30 (Reuters) - Inflation in the euro zone fell for a third straight month in June as the cost of fuel tumbled and increases in food prices slowed,…
June 29 (Reuters) - A key measure of corporate profitability in the euro zone rose to a record high last quarter, keeping up pressure on inflation as the long-awaited drop…
June 29 (Reuters) - Financial stability risk in the European Union remains at a "severe" level and the downturn in the housing market could become even more broad-based, the bloc's…
By Jan Strupczewski BRUSSELS, June 28 (Reuters) - Euro zone governments should tighten fiscal policy next year more than currently planned to help the European Central Bank fight inflation and…
June 28 (Reuters) - Euro zone bank lending slowed further in May, dragged down by higher interest rates and a recession in the bloc's vast manufacturing sector, European Central Bank…
FRANKFURT, June 26 (Reuters) - High interest rates will keep a lid on the pace of bank lending in Europe this year and next, with a particular slowdown in growth…
MADRID, June 22 (Reuters) - The European Central Bank will need to raise interest rates further in July to combat inflation but the path afterwards remains unclear, ECB policymaker Pablo…
By Jan Strupczewski BRUSSELS (Reuters) - The European Central Bank should continue to raise rates to bring down inflation and euro zone governments should slash budget deficits to help it,…
(Reuters) - J.P.Morgan said it expected the European Central Bank to hike interest rates by another 25 basis points in September, taking its terminal rate forecast to 4% after the…
BRUSSELS, June 16 (Reuters) - Euro zone consumer inflation sharply decelerated in May, the European Union's statistics office confirmed on Friday, with the core price growth measure, watched closely by…
June 16 (Reuters) - Major global investment banks lifted their terminal rate forecast for the European Central Bank to 4% in September, after the ECB raised borrowing costs and indicated…
20-nation euro zone Q1 and Q4/2022 GDP both cut to -0.1% German, Ireland Q1 figures revised down Employment growth accelerates to 0.6% in Q1 By Philip Blenkinsop BRUSSELS, June 8…
BERLIN, June 5 (Reuters) - Investors got more gloomy on prospects for the euro zone economy in June, dragged down by negative expectations for Germany, Europe's biggest economy, a survey…
BRUSSELS, June 5 (Reuters) - Euro zone producer prices fell for a seventh consecutive month in April, data showed on Monday, almost entirely due to declining energy prices. The European…
LONDON, June 5 (Reuters) - Euro zone business activity was shored up last month by the bloc's dominant services industry offsetting a deepening decline in the manufacturing sector, according to…
By Balazs Koranyi FRANKFURT, June 1 (Reuters) - Euro zone inflation eased more than expected last month as underlying price growth also slowed, backing arguments for only cautious further rate…
MADRID, June 1 (Reuters) - The European Central Bank (ECB) has gone through most of its monetary policy tightening to bring inflation back to its medium-term target of 2%, though…
LONDON, June 1 (Reuters) - The downturn in euro zone manufacturing activity deepened in May as demand slumped despite factories cutting prices for the first time since September 2020, according…
FRANKFURT, May 31 (Reuters) - Home prices in the euro zone may be headed for a "disorderly" decline as high mortgage rates make purchases unaffordable for households and unattractive for…
FRANKFURT, May 17 (Reuters) - Euro zone inflation accelerated last month, Eurostat said on Wednesday, confirming preliminary data pointing to increasingly stubborn price growth among the 20 nations sharing the…
FRANKFURT, May 11 (Reuters) - Euro zone consumers raised their inflation expectations in March, even as the rate of price growth fell and the European Central Bank kept raising interest…
BERLIN, May 8 (Reuters) - Investor morale in the euro zone took a surprising dip in May, with stubborn inflation and energy concerns upending expectations of a spring recovery, a…
FRANKFURT, May 5 (Reuters) - Retail sales in the euro zone fell more than expected in March, Eurostat said on Friday, as rapid inflation and rising interest rates ate deep…
FRANKFURT, May 5 (Reuters) - Euro zone inflation could be lower in the coming years than previously expected but may stay above the European Central Bank's 2% target further out,…
FRANKFURT, May 5 (Reuters) - Euro zone companies are raising prices at a more moderate pace as their costs stabilise, demand cools and competition mounts, although growing wages remain a…
By Indradip Ghosh BENGALURU, May 4 (Reuters) - Growth in euro zone business activity sped up in April, though less than initially indicated, as robust services more than offset a…
15% of banks fail to disclose enough information ECB can name, fine banks that don't comply Capital requirements can be increased too Banks must make first disclosure by June FRANKFURT,…
April 21 (Reuters) - The euro zone economic recovery has unexpectedly gathered pace this month as the bloc's dominant services industry saw already buoyant demand rise, more than offsetting a…
BRUSSELS, April 20 (Reuters) - The euro zone swung to a trade surplus in February from a deficit a year earlier, non-adjusted data showed on Thursday, mainly thanks to a…
FRANKFURT, April 19 (Reuters) - The euro zone's current account surplus widened in February as imports fell thanks lower energy costs and already large net exports of services remained broadly…
Headline annualised consumer inflation eases to 6.9% Edges up to 7.5% minus unprocessed food and fuel ECB tipped to hike rates by either 25 or 50 bps in May By…
BRUSSELS, April 13 (Reuters) - Euro zone industrial output was stronger than expected in February, data showed on Thursday, mainly thanks to a rise in production of capital and non-durable…
NICOSIA, April 5 (Reuters) - Food inflation is still intensifying in Europe and may be the key driver of price growth now, European Central Bank chief economist Philip Lane said.…
LONDON, April 5 (Reuters) - The euro zone recovery picked up pace last month but the upturn was uneven across industries and countries, according to a survey which showed price…
LONDON, April 3 (Reuters) - Activity at struggling factories across the euro zone fell further last month as consumers feeling the pinch from rising living costs cut back, according to…