(Reuters) – Euro zone governments should not expect unconditional support under the European Central Bank’s new tool to stop borrowing costs from rising too far for the most indebted countries,…
LONDON – Record high euro zone inflation risked fuelling “inflation psychology,” European Central Bank chief economist Philip Lane said on Monday, referring to a phenomenon when consumers and businesses adjust…
FRANKFURT – The influx of Ukrainian refugees into the European Union could gradually ease labour shortages in the euro zone as some of those fleeing the war are likely to…
FRANKFURT – Euro zone inflation rose to a record high 8.1% last month in line with a preliminary estimate, more than four times the European Central Bank’s target and underscoring…
LUXEMBOURG – Euro zone finance ministers backed on Thursday Croatia’s bid to adopt the euro, clearing another hurdle on the way of the Balkan country to become the 20th member…
By Yoruk Bahceli (Reuters) -Euro area interbank borrowing rates saw their biggest daily jumps in over 10 years on Tuesday, reflecting huge increases in market expectations for European Central Bank…
FRANKFURT – The euro zone will avoid a recession this year and growth will accelerate noticeably after bottoming out in the second quarter, a key European Central Bank survey showed…
By Jan Lopatka and Jason Hovet PRAGUE – The Czech government’s plan to let companies pay taxes in euros from 2024 will enable the state to raise its borrowing in…
FRANKFURT – Euro zone wages are climbing after a lost decade but some pay rises may prove fleeting as employers across the bloc opt to give one-off bonuses rather than…
BRUSSELS – The euro zone economy grew much faster in the first quarter of the year than in the previous three months despite the impact of the war in Ukraine,…
By Huw Jones LONDON – Relocating euro clearing from London to the European Union must be “market-led” rather than mandatory, with the shift already well underway, the head of Eurex…
BERLIN – Investor morale in the euro zone rose more than expected in June, the first increase after Russia’s invasion of Ukraine, a survey showed on Tuesday, as many companies…
LONDON – Euro zone business growth was robust in May but is at risk of a slowdown from soaring living costs, supply chain disruptions and uncertainty surrounding Russia’s invasion of…
BRUSSELS – Euro zone retail sales were much weaker than expected in April, data showed on Friday, pulled down by principally by reduced purchases of food, drinks and tobacco. The…
By Jason Hovet and Jan Lopatka PRAGUE – The Czech treasury is looking at adding a new euro-denominated bond this year and issuing treasury bills in euros for the first…
BRUSSELS – Euro zone economic sentiment barely changed in May as slightly greater optimism in services and among consumers offset an ebbing of confidence in industry, data showed on Monday.…
SOFIA – Bulgaria’s government on Friday approved a plan to join the euro zone as of Jan. 1, 2024, amid concerns within the ruling coalition over the lack of detailed…
By Tim Hepher PARIS -Air France-KLM on Tuesday launched a 2.26-billion-euro ($2.41 billion) share sale to shore up its balance sheet and repay some French state aid as it seeks…
BRUSSELS – Euro zone finance ministers agreed on Monday they would gradually shift their fiscal policies from supportive this year to neutral in 2023, the chairman of the ministers Paschal…
(Reuters) – Euro zone consumer confidence rose by 0.9 points in May from the April number, figures released on Friday showed. The European Commission said a flash estimate showed euro…
BRUSSELS – The European Commission proposed on Wednesday a 9 billion euro ($9.5 billion) loan to Ukraine to keep the country going as it struggles to fend off the Russian…
FRANKFURT – Euro zone inflation held steady at a record high 7.4% in April, driven by soaring fuel and food costs, the EU’s statistics agency said on Wednesday, lowering its…
BRUSSELS – Euro zone economic growth was stronger than previously expected in the first quarter, revised data showed on Tuesday, and employment rose too, showing the euro zone expanded at…
FRANKFURT – The European Central Bank may kick off the development of its digital euro, an electronic version of banknotes and coins, by the end of next year, ECB board…
ZURICH – Insurer Axa and consumer goods group Unilever plan to invest 100 million euros each into a new 1 billion euro ($1.06 billion) regenerative agriculture fund to be managed…