Euro Zone

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ECB news conference with Mario Draghi

Euro zone August business growth at four-year high, still weak - PMI


LONDON, - Euro zone business activity accelerated at its fastest pace in more than four years last month as Italy turned in its best performance since early 2011 and German growth strengthened, surveys showed on Thursday.

Euro zone retail sales rise by less than expected in July 10:21am BST

BRUSSELS - Euro zone retail sales returned to growth in July although increased by less than expected on a monthly basis, data showed on Thursday, as consumers filled their cars more with cheaper fuel.


Euro zone producer prices fall in July as expected 02 Sep 2015

BRUSSELS - Euro zone industrial producer prices dropped as expected in July both on a monthly and on a yearly basis, data showed on Wednesday, as the increased cost of consumer goods was offset by declining energy prices.

Germany cautious on French idea for eurozone fiscal transfers 01 Sep 2015

BERLIN - Germany on Tuesday put the brakes on a French push for the euro zone to appoint a new commissioner with powers to coordinate economic policy across the bloc and preside over fiscal transfers between its 19 members.


National laws hamper ECB's work as single supervisor - ECB Dickson 01 Sep 2015

FRANKFURT - Diverging national laws on banking supervision are hampering the European Central Bank's work as single supervisor of the euro zone's largest lenders and the rules need to be harmonised, one of the ECB's top supervisors said on Tuesday.


Likelihood of euro zone breakup at nine-month low in August - Germany's Sentix 01 Sep 2015

BERLIN - Investor expectations of a euro zone breakup dropped to their lowest level in nine months in August as fears about a Greek exit from the bloc faded thanks to an agreement on a third bailout, Germany's Sentix research group said on Tuesday.


Euro zone factory growth eases in August despite modest price rises - PMI 01 Sep 2015

LONDON, - Euro zone manufacturing growth eased last month, despite factories barely raising prices, adding to the European Central Bank's woes as it battles to spur expansion and inflation, a survey showed.

Euro zone unemployment falls to three-year low in July 01 Sep 2015

BRUSSELS - Unemployment in the euro zone unexpectedly fell to its lowest level in more than three years in July with a sharp decline in the volatile figure in Italy.

Spain is best example that Europe is doing things right - Schaeuble 01 Sep 2015

BERLIN - German Finance Minister Wolfgang Schaeuble said on Tuesday that Spain's economic development showed that the euro zone was tackling its crisis well.

No room for manoeuvre on interest rates for Greece, Merkel says 31 Aug 2015

BERLIN - German Chancellor Angela Merkel said on Monday there was no wiggle room to lower interest rates for Greece, but euro zone partners could push back the date when Athens has to start paying back its bailout credits.

Immigration into Germany in 2014 at highest level for two decades

BERLIN - Net immigration into Germany last year hit its highest level since 1992 and the number of people claiming asylum benefits jumped by 61 percent, the Statistics Office said on Thursday, with expectations that figure will rise this year to 800,000.

France to build Calais camp for 1,500 migrants

CALAIS, France - France plans to build a camp this winter for as many as 1,500 migrants in the northern port city of Calais where twice that many are living in tents and hoping to make the sea-crossing to Britain.


New EU migrant plans ready next week - Avramopoulos

BRUSSELS - The EU executive will outline new plans next week to share out refugees across European states as well as to speed deportations of unwanted migrants, the 28-nation bloc's migration commissioner said on Tuesday.

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