eurozone

EU Summit 2013: Focus on eurozone recession and unemployment

A new EU summit is getting under way in Brussels with issues of jobs and growth expected to dominate its…

12 years ago

Eurozone unemployment rate hits record 11.9% in January 2013

Eurozone unemployment rate rose to a new record high in January, official figures show. The jobless rate in the 17…

12 years ago

Eurozone recession will persist in 2013, says European Commission

The European Commission has said Spain, France and Portugal have failed to cut overspending to agreed targets. Spain's government deficit…

12 years ago

German economy slows sharply in 2012

Germany’s economy grew by 0.7% in 2012, a sharp slowdown on the previous year, preliminary figures show. The figure was…

12 years ago

Eurozone unemployment rate hits new all-time high in November

Eurozone unemployment rate hit a new all-time high of 11.8% in November, official figures have shown. This is a slight…

12 years ago

S&P increases Greece’s rating from selective default to B-minus

Standard and Poor's has raised the credit rating of Greece's sovereign debt by six levels, praising the "strong determination" of…

12 years ago

Eurozone agrees strict bank rules

European finance ministers have reached a deal on rules for supervising eurozone banks, ahead of a new EU summit. Around…

12 years ago

Eurozone unemployment rate hits new record high in October, while consumer price rises slowed sharply

Eurozone unemployment rate hit a new record high in October, while consumer price rises slowed sharply. The jobless rate in…

12 years ago

EU 2014-2020 budget talks end without deal

EU budget summit held in Brussels has ended without agreement on the 27-strong union's next seven-year budget. Another meeting will…

12 years ago

Eurozone unemployment rate hits new high in September

Eurozone unemployment rate hit to a new high of 18.49 million in September, the EU statistics agency has said. The…

12 years ago

Eurozone business activity hits new low in October

A new survey suggests that business activity in the eurozone contracted at its fastest pace in almost three-and-a-half years in…

12 years ago

EU Banking Union: Angela Merkel agenda for euro reform riles Francois Hollande at EU summit

German chancellor Angela Merkel has called for the EU to be given the power to veto member states' budgets, as…

12 years ago

Standard & Poor’s cuts Spain’s credit rating from BBB+ to BBB-, one level above junk status

Ratings agency Standard & Poor's has downgraded Spain's credit rating, highlighting a deepening recession and mounting pressure on Madrid's finances.…

12 years ago

France’s unemployment tops 3 million in August

The number of unemployed people in France has topped 3 million for the first time since 1999, according to latest…

12 years ago

Jose Manuel Barroso calls for EU to evolve into a federation

EU Commission President Jose Manuel Barroso has called for the EU to evolve into a "federation of nation-states". Addressing the…

12 years ago

Asian stock markets rise after ECB announces new plans for eurozone

Asian stock markets have risen, joining a global rally, after European Central Bank’s president, Mario Draghi, unveiled a plan targeted…

12 years ago

Mario Draghi unveils European Central Bank’s bond-buying euro debt plan

European Central Bank’s president, Mario Draghi, has unveiled details of a new bond-buying plan aimed at easing the eurozone's debt…

12 years ago

Eurozone is heading for new recession, shows Markit Flash PMI

A closely-watched survey suggests that the eurozone's economy is set to contract by 0.5%-0.6% in the July to September quarter,…

12 years ago

Eurozone economy shrinks by 0.2% from April to June

The economy of the eurozone shrank 0.2% in the three months from April to June compared with the previous quarter.…

12 years ago

German economy grew by 0.3% in the second quarter of 2012

German economy grew by 0.3% in the second quarter of 2012, helped by exports and domestic consumption. Earlier, France announced…

12 years ago

Angela Merkel running “The Fourth Reich”: Silvio Berlusconi’s newspaper prints picture of Chancellor in Nazi salute

Italian newspaper Il Giornale, owned by former Prime Minister Silvio Berlusconi, has caused controversy by printing a front page headline…

12 years ago

Jose Manuel Barroso in Athens for Greece economy talks

European Commission President Jose Manuel Barroso is heading to Athens for talks on Thursday amid concern over whether Greece has…

12 years ago

Spanish and Italian borrowing costs rise ahead of eurozone summit

Italian and Spanish 10-year bond yields have been rising ahead of a summit of eurozone finance ministers on Monday. The…

12 years ago

European Central Bank cuts key interest rate for eurozone to record low

The European Central Bank (ECB) has announced it reduces its key interest rate from 1% to 0.75%, a record low…

12 years ago

Greeks vote in crucial elections for the country’s future in the eurozone

The polls have opened this morning in Greece for crucial elections which could determine the country's future in the eurozone.…

12 years ago