The European Commission released its latest euro area convergence report on June 4, assessing the readiness of EU member states to adopt the common currency, in which it recommended allowing […]
The combined debt in the eurozone continues to grow, even as many of the 17 nations in Europe’s currency bloc have adopted austerity measures to ...
The economic and financial affairs council of the European Union (Ecofin) passed on July 9 a decision allowing Latvia to adopt the euro as its currenc ...
The European Commission has published its annual convergence report on Latvia, concluding that the country was ready to join the euro zone on January ...
Annual inflation in the 17-member euro zone is expected to be 1.4 per cent in May 2013, up from 1.2 per cent in April, according to a flash estimate on […]
As Greek banks prepare for their imminent recapitalization, speculation mounts over whether or not they will be able to come up with the 10% of their total capital needs privately […]
Euro zone annual inflation was 1.2 per cent in April, down from 1.7 per cent a month earlier, European Union’s statistics board Eurostat said on May 16. The annual inflation […]
The Eurozone economy shrank more than expected in 2013, falling two tenths of one percent between January and March. The new data means the 17-nation currency bloc has now been […]
The European Central Bank governing council said on May 2 2013 that it was cutting its benchmark interest rate to 0.5 per cent, from 0.7 per cent, the first such […]
Alongside Germany, France has been in the driving seat of European integration, but figures released Thursday show over 3.2 million French are jobless, and further cuts are looming. Carmaker Citroen […]