LONDON – Euro zone economic growth lost more momentum in January as the bloc’s dominant services industry suffered from subdued demand amid tighter restrictions to contain the Omicron coronavirus variant, …
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LONDON – Euro zone manufacturing activity accelerated last month as supply chain bottlenecks eased, although the improvement was not evenly spread across member countries and factories still faced high inflationary …
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ROME – Carmaker Stellantis said on Friday its unit FCA Italy and other Italian subsidiaries had repaid a 6.3 billion euro ($7 billion) loan to Italy’s top lender Intesa Sanpaolo. …
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BRUSSELS – Euro zone economic sentiment deteriorated in January, data showed on Friday, pulled down by a more downbeat sentiment in the two key sectors of industry and services. The …
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FRANKFURT – Lending to euro zone companies accelerated for the fourth straight month in December, reversing a mid-year dip, European Central Bank data showed on Friday. Lending to euro zone …
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MILAN – Stellantis is preparing to early repay a 6.3 billion euros ($7 billion) loan backed by Italian government its predecessor Fiat Chrysler obtained at the peak of a COVID-19 …
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BERLIN – The drivers of inflation in the euro zone will subside over the course of the year and inflation will hover around the European Central Bank’s price stability target …
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By Swathi Nair BENGALURU – Euro zone inflation is set to burn hotter throughout 2022 than expected a month ago, according to economists polled by Reuters, which could pressure the …
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By Michael Nienaber BERLIN – European nations will have to think about reining in government borrowing and reimposing budget discipline sooner than expected or markets will start to punish highly …
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BRUSSELS – Euro zone companies survived the two years of the COVID-19 pandemic better than expected with fewer insolvencies than feared, euro zone finance ministers are likely to conclude on …
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FRANKFURT -The euro zone’s inflation spike is not as transitory as earlier thought and price growth this year is at risk of exceeding projections, European Central Bank Vice President Luis …
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BERLIN – Investor morale in the euro zone rose in January as economic momentum is not expected to slow down despite new virus variants and rising coronavirus infections, a survey …
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FRANKFURT – Euro zone retail sales surged past all expectations in November, driven by in-store non-food purchases, data from Eurostat showed on Friday, indicating that consumer demand remained healthy even …
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FRANKFURT – Euro zone entrepreneurs pared back their expectations for price rises for the first time in more than a year last month, data showed on Friday, in what could …
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LONDON – Manufacturing activity in the euro zone remained resilient at the end of 2021 as factories took advantage of an easing in supply chain bottlenecks and stocked up on …
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PARIS – A Paris judge approved a 10 million euro ($11.27 million) settlement with LVMH on Friday that closes a criminal probe into the luxury group’s role in a spying …
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PARIS – A Paris judge approved a 10 million euro ($11.27 million) settlement with LVMH on Friday that closes a criminal probe into the luxury group’s role in a spying …
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By Huw Jones LONDON – London’s two big derivatives clearing houses should not be cut off from customers in the European Union until there are ‘incentives’ to shift business to …
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BRUSSELS – Euro zone inflation surged to its highest rate on record in November, the European Union’s statistics office Eurostat confirmed on Friday, with more than half of the increase …
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BRUSSELS – The euro zone’s trade surplus with the rest of the world was much smaller than expected in October, data showed on Thursday, as the bloc’s trade deficit in …
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BRUSSELS – Euro zone industrial production rose as expected in October, data showed on Tuesday, with capital and durable consumer goods up the most on the month and non-durable goods …
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By Fernando Kallas MADRID -Spain’s top soccer clubs have approved a 1.994 billion euro investment from private equity fund CVC Capital Partners in the first deal of its kind in …
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By John Revill ZURICH – Europe’s first cross-border trial of central bank digital currency payments has been described as a success by the central banks of Switzerland and France, though …
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BRUSSELS – Household consumption was the main driver of euro zone economic growth in the third quarter, the European Union’s statistics office data showed on Tuesday, with a further positive …
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FRANKFURT -Euro zone banks face rising credit risk as pandemic-related public support measures are withdrawn and may be overly complacent about valuation risks in the hunt for yields, European Central …