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The second biggest economic power in the eurozone, France is economically stricken. Le Pen and Macron, the two remaining candidates in the election, hold different ecnonomic ideas.
Inflation in the 19-member euro area has reached a new high.
German industry saw fewer orders coming in last month, especially from customers in the eurozone.
Inflation in the 19-member eurozone has reached levels not seen for over two years, but is still far too low to satisfy governors at the European Central Bank.
The governing council of the European Central Bank has decided to leave its current interest rates unchanged.
The ECB’s governing council is meeting in Frankfurt to debate policy options to further stimulate the eurozone’s economy and get the inflation rate closer to 2 percent. So far, the progress made has been meager.
Nearly half of Italy’s population wants to leave the EU, the country’s economy is among the worst in the eurozone. Can the government solve this? Sandro Gozi, European Affairs Minister, is on Conflict Zone this week.
German shipments abroad have gone up for three months in a row, the statistics agency has reported. The fresh data it provided revealed that demand for German goods was strongest outside the eurozone.
The eurozone weathered the Brexit vote “with encouraging resilience” and the European Central Bank is ‘ready, willing and able’ to make sure that momentum holds, Mario Draghi said after the bank’s latest policy meeting.
Consumer prices in the 19-member eurozone have gone up only slightly, but enough to reach positive territory again after months of below-zero inflation. It’ll give the European Central Bank some breathing space.
For a second month in a row, Europeans had to pay less for goods and services than a year ago, with falling prices for energy leading the slide.
Ahead of a meeting of eurozone finance minister, the head of the group, Jeroen Dijsselbloem has said Greece’s latest bailout package would need the participation of the International Monetary Fund (IMF).
The European Commission has revised downward its expectations for economic expansion in the 19-member eurozone. Its spring outlook revealed particular concerns about developments in Spain and France.
Referendum held as obligations set by creditors were not generous enough to justify Tsipras crossing more red lines, says Merrill Lynch report
The eurozone escaped a record 18-month recession in the second quarter last year with growth of 0.3% but data since then has been very mixed, sparking concerns the recovery could run out of steam.
Turkey’s economy was nevertheless expected to grow by 3.3% in 2014, the EBRD said in a statement.