Euro Zone

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Inflationary pressures on the rise in the euro zone - ECRI indicator

LONDON - Inflationary pressures in the euro zone have inched up, suggesting prices will rise in the bloc in the coming months, according to an indicator issued on Friday that is designed to predict cyclical trends.


ECB's Nowotny - euro zone inflation may turn negative 04 Sep 2015

ALPBACH, Austria - Inflation in the euro zone may enter negative territory in the coming months but the European Central Bank will stick to its "steady hand" policy, ECB Governing Council member Ewald Nowotny said on Friday.


Dim prospects for Europe boost chances of extra money printing 04 Sep 2015

FRANKFURT - A day after Mario Draghi presented a sobering economic outlook for the euro zone, the nervousness coursing through his European Central Bank was underscored by a fellow policy maker.


Euro falls on ECB outlook; S&P 500 pares gains as focus on jobs data 03 Sep 2015

NEW YORK - The euro fell 1 percent on Thursday on a darkening euro zone outlook, while U.S. stocks pared sharp early gains to end barely higher as investors grew cautious ahead of Friday's August jobs report.


U.S. and euro zone business improves, Asia a concern 03 Sep 2015

LONDON/NEW YORK - Global manufacturing and service sector activity expanded in August at the same pace as in July, with both the U.S. and euro zone doing better than Asia, according to purchasing manager surveys.


Euro zone August business growth at four-year high, still weak - PMI 03 Sep 2015

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 03 Sep 2015

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.


Buses take migrants west to Austria; Hungarian crackdown crumbles

BUDAPEST - Long lines of buses left Budapest on Saturday packed with migrants bound for Austria, which said it had agreed with Germany to let them in as Hungary gave in to crowds, including Syrian refugees, that had set out on foot for western Europe. | Video

U.S. men who thwarted France train attack to be honoured in California parade

- Three young men who disarmed a suspected Islamist militant on a high-speed train in France will be honoured with a parade in their hometown in California next week, officials said, as the last of the trio returned to the United States on Thursday.

Italian president calls for shared EU asylum policy

CERNOBBIO, Italy - Italian President Sergio Mattarella called on Saturday for shared asylum rules in the European Union, saying thousands of migrants approaching Europe should not be seen as enemies.

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