Euro Zone

Home prices may slump in euro zone as rates rise, ECB says

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…

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Euro zone inflation ticks up in April

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…

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Euro zone consumers raise inflation expectations – ECB survey

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…

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Euro zone investor morale unexpectedly dips in May

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…

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Euro zone retail sales fall more than expected in March

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…

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Euro zone inflation could hold above target -ECB survey

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,…

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Euro zone companies are slowing price hikes – ECB poll

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…

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Euro zone April business activity grows on strong services demand – PMI

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…

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ECB says 16 euro zone banks fall short of climate demands, may face penalties

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,…

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Euro zone recovery unexpectedly gathering pace in April -PMI

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…

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Germany, Italy push euro zone into trade surplus in Feb

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…

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Euro zone current account surplus widens in February

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…

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Core euro zone inflation edges up in March, keeping ECB on alert

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…

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Euro zone industrial output stronger than expected in February

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…

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Euro zone food inflation still intensifying: ECB’s Lane

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.…

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Euro zone recovery gathered pace in March on demand for services -PMI

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…

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Euro zone factory downturn deepened in March -PMI

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…

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Stubborn inflation keeps ECB on course for more rate hikes

Headline inflation drops by most on record But core inflation accelerates to new high Consumer data points to drop in spending Unemployment remains low By Francesco Canepa FRANKFURT, March 31…

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Euro zone inflation posts record drop but core prices accelerate

FRANKFURT, March 31 (Reuters) - Inflation in the euro zone dropped by the most on record in March but growth in core prices accelerated, Eurostat data showed on Friday, likely…

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HSBC raises eurozone growth forecast on easing supply chain issues, inflation

March 30 (Reuters) - HSBC is expecting the eurozone economy to grow 0.6% in 2023 from its previous estimate of being flat, citing easing supply chain issues, falling wholesale energy…

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Euro zone sentiment defies expectations of rise, deteriorates in March

BRUSSELS, March 30 (Reuters) - Euro zone economic sentiment defied market expectations for another slight improvement and deteriorated in March, pulled down by a sharp decline in optimism in the…

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Euro zone lending slows again in Feb, ECB says

FRANKFURT, March 27 (Reuters) - Bank lending to euro zone companies slowed for the fourth straight month as an economic downturn and increased caution from lenders appear to be taking…

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EU banks resilient, have strong capital, liquidity – statement

BRUSSELS, March 24 (Reuters) - The European Union banking sector is resilient because it has strong capital and liquidity positions, European Union leaders said in a statement after a summit…

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Euro zone services firms enjoy buoyant March but factories struggle -flash PMI

Euro zone March flash PMI at 54.1, a 10-month high Data adds to evidence euro zone will dodge recession Growth unbalanced, however, as factory activity falls By Jonathan Cable LONDON,…

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Euro zone trade deficit flat in January despite increased energy import spend

BRUSSELS, March 20 (Reuters) - The euro zone trade deficit was little changed in January from a year earlier, with sharply higher cost of energy imports outweighing a pick-up of…

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Euro zone labour costs jump 5.7% y/y in Q4

BRUSSELS, March 17 (Reuters) - Euro zone labour costs jumped in the last three months of 2022, and third quarter data was revised up as well, but the rise of…

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Meloni says Italy not ready to pass reform of euro zone bailout fund

ROME (Reuters) - Italy's Prime Minister Giorgia Meloni said on Wednesday "further reflection" was needed before her government could ratify a reform of the euro zone's 500 billion euro ($526.15…

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Euro zone January industry output up 0.7% m/m

March 15 (Reuters) - Euro zone industrial production increased by 0.7% in January from the previous month, data from the European Union statistics agency Eurostat showed on Wednesday. Industrial production…

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Euro zone retail sales weaker than expected in January

BRUSSELS, March 6 (Reuters) - Euro zone retail sales rebounded much less than expected month-on-month in January and were still lower than 12 months earlier, underlining the weakness of consumer…

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Euro zone investor morale unexpectedly falls in March

BERLIN, March 6 (Reuters) - Investor morale in the euro zone fell unexpectedly in March for the first time since October, dragged down by a decline in expectations as the…

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Euro zone recovery gathers pace, allays fears of recession-PMI

LONDON, March 3 (Reuters) - The recovery in euro zone business activity gathered pace last month as growth accelerated in the bloc's dominant services industry, a survey showed, providing the…

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Euro zone January PPI falls 2.8% m/m

March 3 (Reuters) - The European Union's statistics office Eurostat released the following data on producer price growth in the euro zone in January. Industrial producer prices on the domestic…

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Euro zone inflation eases in February but core prices surge

FRANKFURT, March 2 (Reuters) - Euro zone inflation fell less than expected last month and underlying price growth surged, reinforcing the case for the European Central Bank to keep raising…

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Euro zone inflation marginally higher in Jan; core also lifted

FRANKFURT, Feb 23 (Reuters) - Euro zone inflation was only a touch higher in January than earlier estimated, Eurostat said on Thursday, confirming that price growth is now well past…

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Bulgaria could adopt the euro from 2025 if ready -EU’s Dombrovskis

SOFIA, Feb 23 (Reuters) - Bulgaria could join the euro zone from January 2025 if it meets all entry criteria, the European Commission Vice-President Valdis Dombrovskis said on Thursday. Bulgaria…

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Euro zone current account surplus widens in Dec

FRANKFURT, Feb 17 (Reuters) - The euro zone's current account surplus widened in December as cheaper energy lowered the bloc's import bill, European Central Bank data showed . The euro…

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A third of euro zone employees want more remote working -ECB study

FRANKFURT,(Reuters) - Nearly a third of euro zone workers want to work from home more frequently than their employer allows them to, and are willing to change jobs to be…

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Euro zone inflation could fall faster than thought, ECB’s De Cos says

MADRID, Feb 15 (Reuters) - Euro zone inflation could fall faster than earlier thought given a host of positive developments in recent months but past price hikes and a tight…

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Euro zone December trade deficit at 8.8 billion euros

Feb 15 (Reuters) - The European Union statistics office on Wednesday released the following data on euro zone trade for December. Euro zone trade - non seasonally adjusted data (all…

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Euro zone December industry output down 1.1% m/m

Feb 15 (Reuters) - Euro zone industrial production decreased by 1.1% in December from the previous month, data from the European Union statistics agency Eurostat showed on Wednesday. Industrial production…

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Euro zone banks to repay another 36.6 bln euros in ECB loans

FRANKFURT, Feb 10 (Reuters) - Euro zone banks will repay another 36.6 billion euros in European Central Bank loans early, the ECB said on Friday, a small move that may…

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Euro zone retail sales fall as expected in Dec

BRUSSELS, Feb 6 (Reuters) - Euro zone retail sales fell roughly in line with expectations in December, underlining the weakness in consumer demand at the end of the year amid…

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Euro zone investor morale rises for fourth month in a row

BERLIN, Feb 6 (Reuters) - Investor morale in the euro zone improved for the fourth month in a row in February to reach its highest level since March 2022, but…

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Euro zone business activity returned to growth in Jan -PMI

LONDON, Feb 3 (Reuters) - Business activity in the euro zone bounced back to growth in January, according to a survey which suggested the bloc's economy might again escape a…

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Euro zone companies to slow price increases this year, ECB poll shows

FRANKFURT, Feb 3 (Reuters) - Euro zone companies expect to slow the pace of price increases this year as their outlook for costs and demand becomes less clear, a survey…

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Euro zone inflation seen just above ECB’s target in 2025, poll shows

FRANKFURT, Feb 3 (Reuters) - Euro zone inflation is set to decline to 2.1% in 2025, just a shade above the European Central Bank's target, an ECB poll of economists…

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Euro zone factories are likely over the worst – PMI

LONDON, Feb 1 (Reuters) - The downturn in euro zone manufacturing activity eased again last month suggesting the worst may be over, according to a survey which showed price pressures…

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Euro zone inflation drops more than expected but core price growth holds steady

FRANKFURT, Feb 1 (Reuters) - Euro zone inflation eased for the third straight month in January but relief may be limited as underlying price growth held steady and concerns have…

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Euro zone swings back to current account surplus in November

FRANKFURT, Jan 19 (Reuters) - The euro zone swung back to a current account surplus in November on an improved balance in the trade of goods and services, European Central…

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Euro zone Dec inflation eases to 9.2% y/y as expected

BRUSSELS, Jan 18 (Reuters) - Euro zone consumer inflation decelerated as expected in December, the European Union's statistics office Eurostat confirmed on Wednesday, thanks to a continued fall in energy…

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ECB tells bankers to get picky with risky clients

FRANKFURT, Jan 13 (Reuters) - Euro zone banks must be more selective with customers that make risky bets on financial markets, such as hedge funds, and become more prudent in…

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Euro zone industry output grew by more than expected in November

BRUSSELS, Jan 13 (Reuters) - Euro zone production grew by more than expected in November as output of capital and intermediate goods expanded, in figures released on Friday showing some…

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Euro zone unemployment rate unchanged in November as expected

BRUSSELS, Jan 9 (Reuters) - The euro zone's unemployment rate was unchanged at a record low in November as expected, with the absolute number of people without jobs falling slightly…

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Euro zone investor morale rises for third consecutive month

FRANKFURT, Jan 9 (Reuters) - Investor morale in the euro zone picked up for a third consecutive month in January to its highest level since June 2022, but remained in…

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Euro zone producer prices fall m/m as expected in Nov

BRUSSELS, Jan 5 (Reuters) - Euro zone producer prices fell month-on-month as expected in November, the EU's statistics office said on Thursday, pulled down by falling costs of energy. The…

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Euro zone recession may not be as deep as expected -PMI

LONDON, Jan 4 (Reuters) - Euro zone business activity contracted less than initially thought at the end of last year as price pressures eased, according to a survey which suggested…

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Darkest days likely over for euro zone factories, Dec PMIs show

LONDON, Jan 2 (Reuters) - The downturn in euro zone manufacturing activity has likely passed its trough as supply chains begin to recover and inflationary pressures ease, a survey showed…

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