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Eurozone Entered Into Technical Recession At Start Of 2023: Report
The eurozone entered into a technical recession at the start of the year, shrinking by 0.1 percent for a second consecutive quarter, figures from the EU's statistic agency showed Thursday.
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EU Fiscal Oversight Of Greece Ends After 12 Years
Greece on Saturday concluded 12 years of European Union fiscal surveillance that was imposed in return for bailouts after a crushing debt crisis.
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Mario Draghi: Eurozone Saviour Felled By Italy's Fractious Parties
Mario Draghi, credited with helping save the eurozone as head of the European Central Bank, presided over a remarkable period of unity as Italy's premier before falling foul of its notoriously unstable political system.
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U.S. Recession Fears Darken Outlook For Global Growth
Gauges of factory activity released Thursday in Japan, Britain, the eurozone, and the United States all softened in June.
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Italy's President Sergio Mattarella Re-Elected, Easing Crisis
Italy's parties Saturday voted overwhelmingly for outgoing President Sergio Mattarella to remain for another term, averting the political chaos a failure to elect his successor could have sparked in the eurozone's third-largest economy.
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European Union Fines Banks 371 Million Euros Over Bond Trading Cartel
The European Commission fined top banks including UBS and Unicredit a total of 371 million euros ($452 million) on Thursday for running a bond-trading cartel during the worst years of the eurozone debt crisis.
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Eurozone Given 2 Weeks To Find Coronavirus Response
EU leaders on Thursday gave eurozone finance ministers a fortnight to come up with a stronger response to the economic havoc wrought by the coronavirus pandemic.
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Google Gets EU E-Money Licence in Lithuania Amid Brexit Uncertainty
Lithuania's central bank said Friday it has granted Google a pan-European e-money licence as the Baltic eurozone state seeks to attract firms concerned that Brexit may bar them from the EU market.
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Eurozone Unemployment Falls To Nine-Year Low
Unemployment in the eurozone fell in May, data showed on Monday, as joblessness in Europe continued its slow but steady fall towards pre-crisis levels.
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Italy's President Calls In Former IMF Official Amid Political Turmoil
President Sergio Mattarella summoned Carlo Cottarelli to his office after two anti-establishment parties angrily abandoned their plans to form a coalition in the face of a veto from the head of state over their choice of economy minister.
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Eurozone Entered Into Technical Recession At Start Of 2023: Report
The eurozone entered into a technical recession at the start of the year, shrinking by 0.1 percent for a second consecutive quarter, figures from the EU's statistic agency showed Thursday.
-
EU Fiscal Oversight Of Greece Ends After 12 Years
Greece on Saturday concluded 12 years of European Union fiscal surveillance that was imposed in return for bailouts after a crushing debt crisis.
-
Mario Draghi: Eurozone Saviour Felled By Italy's Fractious Parties
Mario Draghi, credited with helping save the eurozone as head of the European Central Bank, presided over a remarkable period of unity as Italy's premier before falling foul of its notoriously unstable political system.
-
U.S. Recession Fears Darken Outlook For Global Growth
Gauges of factory activity released Thursday in Japan, Britain, the eurozone, and the United States all softened in June.
-
Italy's President Sergio Mattarella Re-Elected, Easing Crisis
Italy's parties Saturday voted overwhelmingly for outgoing President Sergio Mattarella to remain for another term, averting the political chaos a failure to elect his successor could have sparked in the eurozone's third-largest economy.
-
European Union Fines Banks 371 Million Euros Over Bond Trading Cartel
The European Commission fined top banks including UBS and Unicredit a total of 371 million euros ($452 million) on Thursday for running a bond-trading cartel during the worst years of the eurozone debt crisis.
-
Eurozone Given 2 Weeks To Find Coronavirus Response
EU leaders on Thursday gave eurozone finance ministers a fortnight to come up with a stronger response to the economic havoc wrought by the coronavirus pandemic.
-
Google Gets EU E-Money Licence in Lithuania Amid Brexit Uncertainty
Lithuania's central bank said Friday it has granted Google a pan-European e-money licence as the Baltic eurozone state seeks to attract firms concerned that Brexit may bar them from the EU market.
-
Eurozone Unemployment Falls To Nine-Year Low
Unemployment in the eurozone fell in May, data showed on Monday, as joblessness in Europe continued its slow but steady fall towards pre-crisis levels.
-
Italy's President Calls In Former IMF Official Amid Political Turmoil
President Sergio Mattarella summoned Carlo Cottarelli to his office after two anti-establishment parties angrily abandoned their plans to form a coalition in the face of a veto from the head of state over their choice of economy minister.
