Euro Zone

Topics also related to Euro Zone:

Rapid UK recovery starts to slow from previous red-hot pace

Photo

LONDON - Britain still looks on track to outpace other advanced economies this year after rapid growth eased only slightly in the three months to September, but a euro zone slowdown could hamper the recovery in the run-up to next May's election.

Photo

Euro zone risks 'relapse into recession' without structural reforms - Draghi 24 Oct 2014

BRUSSELS - The ECB's president warned divided euro zone leaders on Friday they risked "a relapse into recession" if they failed to press ahead with structural economic reforms, a message welcomed by German Chancellor Angela Merkel.

Photo

Merkel voices support for Draghi after report of tensions 24 Oct 2014

BERLIN - German Chancellor Angela Merkel thanked ECB President Mario Draghi for spelling out to leaders at an EU summit that governments must play a role in boosting the faltering euro zone economy, and said it was their firm intention to do so.

Draghi urges joint euro zone effort to avert recession 24 Oct 2014

BRUSSELS - European Central Bank President Mario Draghi urged euro zone leaders at a summit on Friday to make a joint effort combining structural reforms, investment, budget discipline and stimulating demand to avoid "a relapse into recession".

Photo

Stagnating euro zone seeks German shift 24 Oct 2014

BRUSSELS - France and Italy sought on Friday to bridge stark differences with Germany over how to avert economic stagnation and deflation, but Chancellor Angela Merkel warned her peers against repeating the euro zone's debt crisis.

Photo

EU's growth tsar tells Germany to invest more, no decision on Italy 24 Oct 2014

BRUSSELS - Germany's potential for economic growth is far too low and the country must invest more, the EU's top economic official said on Friday, joining a growing chorus of leaders who want Europe's biggest economy to spend more to avoid euro zone stagnation.

Photo

Europe's banks face moment of truth from ECB review 24 Oct 2014

LONDON/FRANKFURT - The euro zone's 130 biggest banks received the European Central Bank's final verdict on their finances on Thursday after a review aimed at drawing a line under persistent doubts about the health of the region's banking sector. | Video

Merkel to Hollande: budget rigour, growth go together 23 Oct 2014

BRUSSELS - Germany and France both called for economic growth to be at the heart of the euro zone's budget strategy on Thursday but German Chancellor Angela Merkel warned against returning to the pre-crisis days of high spending to try to revive the economy.

Photo

Europe's banks face moment of truth from ECB review 23 Oct 2014

LONDON/FRANKFURT - The euro zone's 130 biggest banks received the European Central Bank's final verdict on their finances on Thursday after a review aimed at drawing a line under persistent doubts about the health of the region's banking sector.

Photo

Business activity improves in China, euro zone but little sign of turnaround 23 Oct 2014

LONDON/BEIJING - Euro zone businesses performed much better than forecasters expected this month and China's vast factory sector grew a shade faster but there were worrying signs that the upturn could be short-lived.

Photo

Insight - Mario Draghi's German problem

BERLIN/FRANKFURT/PARIS - In early October, European Central Bank board member Benoit Coeure paid a discreet visit to the Chancellery in Berlin to express concerns about rising criticism of the bank from German politicians.

French court approves Kazakh tycoon Ablyazov's extradition to Russia

LYON France - A French appeals court approved on Friday the extradition from France to Russia or Ukraine of jailed Kazakh tycoon Mukhtar Ablyazov, accused of embezzling up to $6 billion (3.73 billion pound) from his former bank BTA.

Italy strikes against Renzi labour reforms and cuts

ROME - Striking workers took to the streets in cities across Italy on Friday to protest against cuts to public services and labour reforms proposed by Prime Minister Matteo Renzi.

Topics also related to Top News: