Thursday, 17 October 2019

Tag Archives: eurozone

Eurozone Inflation Slows Further

Inflation in the eurozone slowed to 1.0 percent in July, official data showed, sliding further away from the European Central Bank’s target of just below 2.0 percent. Revised figures from the Eurostat agency showed prices across the 19-nation single currency area showed inflation falling from 1. 3 percent in June ...

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500-euro note gets last print run

PARIS: The eurozone is moving to stop printing 500-euro banknotes, the violet-coloured bills that authorities fear are favoured by criminals, with most of the 19 nations in the currency bloc to halt issuing them next month. “As of 27 January 2019, 17 of the 19 national central banks in the ...

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EU: the battle of the Italian budget against the eurozone

LONDON: Eurozone finance ministers, meeting in Brussels on Monday, are expected to support the European Commission two weeks after its decision to reject the budget of the populist coalition in power in Italy. “Everyone is worried,” says a senior European official, who observes wary of the standoff between the Commission, ...

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Spanish economy posts best quarterly growth since 2014

MADRID: Spain’s robust three-year economic recovery picked up momentum in the second quarter, notching up its best growth performance since 2014. GDP in the eurozone’s fourth largest economy expanded by 0.9 per cent in the three months to June, up from 0.8 per cent at the start of the year, ...

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