Eurozone Growth Still Slow, October Core Inflation Dips
Business | Thomson Reuters | Monday October 31, 2016
Eurostat said gross domestic product in the 19 countries sharing the euro rose 0.3% quarter-on-quarter in the July-September period and by 1.6% year-on-year.
Eurozone Growth Revised To 12-Month High Of 0.6%
Business | Thomson Reuters | Tuesday June 7, 2016
The Eurozone economy grew by 0.6 per cent in the first quarter of 2016, the highest rate for 12 months, supported by household spending and private sector investment, data from the European statistics agency Eurostat showed on Tuesday.
S&P cuts Italy rating, leaves outlook negative
Business | Wednesday July 10, 2013
The announcement, which sent the euro lower, came a day before Italy was due to sell 9.5 billion euros of Treasury bills at auction and two days before a planned sale of up to 6.5 billion euros of medium and long term bonds.
Eurozone unemployment at record high in May
Business | Monday July 1, 2013
Eurostat, the EU's statistics office, said on Monday that Eurozone unemployment rose 0.1 percentage point in May to 12.1 per cent.
Euro zone marks longest ever recession as economy shrinks in Q1
Business | Wednesday May 15, 2013
Falling output across the bloc, from France to Finland, meant the 17-nation economy shrank 0.2 per cent in the January to March period, the EU's statistics office Eurostat said.
Euro zone slips into second recession since 2009
Business | Thursday November 15, 2012
The euro zone fell into a recession in July-September, the second since the global financial crisis in 2009, as French resilience could not make up for a slump across Europe and the three-year debt crisis slowed Germany to a crawl. Economic output in the 17-country euro zone fell 0.1 percent in the third quarter, the EU's statistics office Eurostat...
Europe on the edge of recession
Business | Wednesday August 15, 2012
The eurozone is grappling with sky-high debt levels and record unemployment of 11.2 per cent. Compared with the year before, the eurozone's economy is 0.4 per cent smaller. The region's economy would have slipped into recession had it not been for better-than-expected GDP figures from its two leading economies, Germany and France.
As output falls, Euro zone heads for recession
Business | Monday May 14, 2012
The figures stood in contrast with German data last week showing output in the euro zone's largest economy up 2.8 per cent for the month.
Jobless rate in crisis-hit Eurozone climbs to 10.8% in February
Business | Monday April 2, 2012
The jobless rate in the 17-nation euro zone touched 10.8 per cent in February.
Eurozone economy shrinks by 0.3 per cent in Q4
Business | Wednesday February 15, 2012
The eurozone economy contracted by 0.3 per cent in the final three months of 2011, for the first time since 2009
Greece debt level spikes, but Italy's dips
Business | Monday February 6, 2012
The EU's statistics office says Greece's debt spiked to 159.1 percent of GDP in the third quarter of 2011.
Greece, IMF expect debt deals soon
Business | Wednesday February 1, 2012
Greece and the IMF said that negotiations for landmark debt deals will be concluded in a "matter of days"
Eurozone inflation steady at 2.7 per cent
Business | Wednesday February 1, 2012
Inflation in the 17 countries that use the euro was unchanged in the year to January at 2.7 per cent
Britain may limit non-EU immigrants
World News | Indo-Asian News Service | Friday January 21, 2011
The British government is considering reducing the number of immigrants from non-European countries, including India, from where Britain receives the highest number of migrants.In April, the government will introduce rules to cap visas for less skilled workers from outside Europe to 21,700 next year, a reduction of a fifth. A consultation on how to...
Europe debates on avoiding another debt crisis
World News | Matthew Saltmarsh and Stephen Castle, New York Times | Tuesday September 21, 2010
European officials are jostling over plans to tighten the region's fiscal rules to ward off another sovereign debt crisis, but agreement on anything that could be enforced by meaningful sanctions is far from certain.At the same time, some observers are arguing that any changes might be a sideshow and that the real means of avoiding problems in the ...
Eurozone Growth Still Slow, October Core Inflation Dips
Business | Thomson Reuters | Monday October 31, 2016
Eurostat said gross domestic product in the 19 countries sharing the euro rose 0.3% quarter-on-quarter in the July-September period and by 1.6% year-on-year.
Eurozone Growth Revised To 12-Month High Of 0.6%
Business | Thomson Reuters | Tuesday June 7, 2016
The Eurozone economy grew by 0.6 per cent in the first quarter of 2016, the highest rate for 12 months, supported by household spending and private sector investment, data from the European statistics agency Eurostat showed on Tuesday.
S&P cuts Italy rating, leaves outlook negative
Business | Wednesday July 10, 2013
The announcement, which sent the euro lower, came a day before Italy was due to sell 9.5 billion euros of Treasury bills at auction and two days before a planned sale of up to 6.5 billion euros of medium and long term bonds.
Eurozone unemployment at record high in May
Business | Monday July 1, 2013
Eurostat, the EU's statistics office, said on Monday that Eurozone unemployment rose 0.1 percentage point in May to 12.1 per cent.
Euro zone marks longest ever recession as economy shrinks in Q1
Business | Wednesday May 15, 2013
Falling output across the bloc, from France to Finland, meant the 17-nation economy shrank 0.2 per cent in the January to March period, the EU's statistics office Eurostat said.
Euro zone slips into second recession since 2009
Business | Thursday November 15, 2012
The euro zone fell into a recession in July-September, the second since the global financial crisis in 2009, as French resilience could not make up for a slump across Europe and the three-year debt crisis slowed Germany to a crawl. Economic output in the 17-country euro zone fell 0.1 percent in the third quarter, the EU's statistics office Eurostat...
Europe on the edge of recession
Business | Wednesday August 15, 2012
The eurozone is grappling with sky-high debt levels and record unemployment of 11.2 per cent. Compared with the year before, the eurozone's economy is 0.4 per cent smaller. The region's economy would have slipped into recession had it not been for better-than-expected GDP figures from its two leading economies, Germany and France.
As output falls, Euro zone heads for recession
Business | Monday May 14, 2012
The figures stood in contrast with German data last week showing output in the euro zone's largest economy up 2.8 per cent for the month.
Jobless rate in crisis-hit Eurozone climbs to 10.8% in February
Business | Monday April 2, 2012
The jobless rate in the 17-nation euro zone touched 10.8 per cent in February.
Eurozone economy shrinks by 0.3 per cent in Q4
Business | Wednesday February 15, 2012
The eurozone economy contracted by 0.3 per cent in the final three months of 2011, for the first time since 2009
Greece debt level spikes, but Italy's dips
Business | Monday February 6, 2012
The EU's statistics office says Greece's debt spiked to 159.1 percent of GDP in the third quarter of 2011.
Greece, IMF expect debt deals soon
Business | Wednesday February 1, 2012
Greece and the IMF said that negotiations for landmark debt deals will be concluded in a "matter of days"
Eurozone inflation steady at 2.7 per cent
Business | Wednesday February 1, 2012
Inflation in the 17 countries that use the euro was unchanged in the year to January at 2.7 per cent
Britain may limit non-EU immigrants
World News | Indo-Asian News Service | Friday January 21, 2011
The British government is considering reducing the number of immigrants from non-European countries, including India, from where Britain receives the highest number of migrants.In April, the government will introduce rules to cap visas for less skilled workers from outside Europe to 21,700 next year, a reduction of a fifth. A consultation on how to...
Europe debates on avoiding another debt crisis
World News | Matthew Saltmarsh and Stephen Castle, New York Times | Tuesday September 21, 2010
European officials are jostling over plans to tighten the region's fiscal rules to ward off another sovereign debt crisis, but agreement on anything that could be enforced by meaningful sanctions is far from certain.At the same time, some observers are arguing that any changes might be a sideshow and that the real means of avoiding problems in the ...
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