Euro zone debt rising in spite of austerity measures
The combined debt in the eurozone continues to grow, even as many of the 17 nations in Europe’s currency bloc
Read more
euro zone
Latvia to adopt euro on January 1 2014
The economic and financial affairs council of the European Union (Ecofin) passed on July 9 a decision allowing Latvia to
Read more
Latvia ready to join euro zone in 2014, EC says
The European Commission has published its annual convergence report on Latvia, concluding that the country was ready to join the
Read more
Euro zone annual inflation to be 1.4% in May 2013 – flash estimate
Annual inflation in the 17-member euro zone is expected to be 1.4 per cent in May 2013, up from 1.2
Read more
Βig question mark hangs over future of Greece’s largest bank
As Greek banks prepare for their imminent recapitalization, speculation mounts over whether or not they will be able to come
Read more
Euro zone annual inflation down to 1.2% in April
Euro zone annual inflation was 1.2 per cent in April, down from 1.7 per cent a month earlier, European Union’s
Read more
European recession now longer than 2008 financial crisis
The Eurozone economy shrank more than expected in 2013, falling two tenths of one percent between January and March. The
Read more
European Central Bank cuts euro zone interest rate to record-low 0.5%
The European Central Bank governing council said on May 2 2013 that it was cutting its benchmark interest rate to
Read more
Shrinking EU economies deepen austerity divisions
Alongside Germany, France has been in the driving seat of European integration, but figures released Thursday show over 3.2 million
Read more