JACKSON HOLE Wyo - The European Central Bank is prepared to respond with all its "available" tools should inflation in the euro zone drop further, ECB President Mario Draghi said on Friday in remarks that opened the door to possible policy action in September.
JACKSON HOLE Wyo - European Central Bank chief Mario Draghi is confident that stimulus steps announced in June, helped by a weaker euro, will boost demand in the ailing euro zone economy, but stressed on Friday that the central bank stands ready to do more.
WARSAW - Poland is keeping the door open to euro zone membership, but joining the common currency will not boost the country's status because it is already a stable and developed economy, Finance Minister Mateusz Szczurek was quoted on Friday as saying.
LJUBLJANA - Slovenia's next ruling party picked former finance minister Dusan Mramor on Thursday to head the finance ministry in a new centre-left government that is due to be formed within weeks and aims to steer the euro zone member out of its economic crisis.
LONDON - Euro zone private business growth slowed more than expected in August, despite widespread price cutting, as manufacturing and service industry activity both dwindled, a survey showed on Thursday.
PARIS - French business activity was stagnant in August, a survey showed on Thursday, as an improvement in the services sector could not fully offset the worst performance in over a year in manufacturing in the euro zone's second-biggest economy. Data compiler Markit said its composite purchasing managers index of activity in both the manufacturing and services sector rose to 50.0 from 49.4 in July, hitting the 50-point line that separates growth in activity from contraction.
LONDON - China's economy is slowing. The euro zone's is a flat line. Japan's sank in the second quarter. Britain has wage deflation. The U.S. economy is ticking over at best.
FRANKFURT - The European Central Bank is in a policy no man's land, bombarded by news of a stagnating euro zone economy but hesitant to move forward with new stimulus until measures it loaded in June have ignited.
BRUSSELS - The euro zone's trade surplus grew more than expected in June from June a year ago, data showed on Monday, but the improved surplus does not yet reflect the full effect of sanctions and counter-sanctions imposed by the European Union and Russia over the conflict in Ukraine.
FRANKFURT - The euro zone economy is expected grow more slowly than initially expected during the rest of this year as conflicts in Ukraine and elsewhere weigh on business confidence, Germany's central bank said on Monday.
UNITED NATIONS - Britain, France and Germany have floated the idea of creating a monitoring and verification mechanism for any future ceasefire between Israel and the Palestinians in the Gaza Strip to prevent future conflicts, a senior British diplomat said on Friday.
SINGAPORE - Asian feed grain importers expect an influx of cheap feed wheat from Ukraine and France as heavy rain in Europe damages the quality of crops, leaving them fit for only animal consumption.
ROME - Italian Prime Minister Matteo Renzi denied on Thursday that his government planned to raise taxes, cut pensions or adopt corrective measures to rein in the budget deficit this year.