BRUSSELS - An increase in rents and car-repair prices lifted euro zone inflation in August slightly higher than a first estimate, a small piece of good news for the European Central Bank but not one that radically changes the economic outlook.
FRANKFURT - The co-head of Deutsche Bank has backed the German government in a debate over how to jump-start the stalled euro zone economy, telling Reuters that structural reforms, rather than looser fiscal policy, are what is needed to boost growth.
LONDON - Some euro zone banks have insufficient liquidity and several will continue to require support from the European Central Bank after long-term funding help runs out at the start of next year, credit ratings agency S&P said.
FRANKFURT - The European Central Bank invited banks on Tuesday to bid for a fresh round of long-term loans it hopes will stimulate lending to businesses and reinvigorate the euro zone economy but which may see only modest take-up.
PARIS - AXA Investment Managers has upgraded its short-term recommendation on global and euro zone equities to "overweight" following the latest measures unveiled by the European Central Bank to support the region's economy.
BRUSSELS - The rise in euro zone labour costs accelerated in the second quarter compared to the first three months despite a stalling economy, the European Union's Statistics Office said on Tuesday.
HELSINKI - The European Central Bank is committed to using additional unconventional instruments if necessary to fend off deflation in the euro zone, governing council member Erkki Liikanen said on Tuesday.
SANTANDER Spain - Ana Botin, the new chairwoman of Santander , told shareholders on Monday she would defend the legacy of her father at the helm of the euro zone's biggest bank and her priorities include maintaining its generous dividend policy. | Video
PARIS - The OECD slashed its growth forecasts for major developed economies on Monday, urging much more aggressive ECB stimulus to ward off the risk of deflation in a subdued euro zone.
BRUSSELS - The euro zone's trade surplus rose year-on-year in July as exports grew faster than imports, pointing to a positive contribution to economic growth at the start of the third quarter, the European Union's Statistics office data showed.
FRANKFURT - Car sales in Europe rose in August but analysts and executives pointed to a heavy reliance on government incentives in Spain and a fall in sales in big markets Germany, France and Italy as signs a European recovery may be faltering.
PARIS - President Francois Hollande has angered everyone from medics to taxi drivers enough to drive them onto the streets in recent months but there is one profession few expected to see on the march: France's well-heeled "notaires".
WASHINGTON - Eight in ten people worldwide see benefits in growing trade but only around half believe it creates jobs and raises wages, with big pockets of scepticism in major advanced economies like Italy, the United States, France and Japan, a poll showed on Tuesday.