(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, …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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, …
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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 …
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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 …
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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 …
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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 …
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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 …
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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. …
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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 …
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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 …
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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 …
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(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 …
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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 …
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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 …
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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 …
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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 …
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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 …