tag Euro zone

French election relief sends Europe soaring

EghtesadOnline: Euro zone stocks headed for their best day in almost two years and the euro briefly vaulted to five-month peaks on Monday, after the market's favored candidate won the first round of the French election, reducing the risk of another Brexit-like shock.
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Publish Date:24/April/2017 | 13:17

Euro zone economy: real recovery or another Sirens' song?

EghtesadOnline: Over the years, euro zone economic growth has been a bit like the Sirens in Homer's Odyssey: singing a song of promise, only to end up pulling you onto the rocks. Will it be different this time?
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Publish Date:26/February/2017 | 10:48

Euro zone , IMF agree on a common stance on Greece: official

EghtesadOnline: Euro zone lenders and the International Monetary Fund have agreed between themselves to present a common stance to Greece later on Friday in talks on reforms and the fiscal path Athens must take, euro zone officials said.
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Publish Date:10/February/2017 | 24:42

EU Inflation Highest in 3 Years

EghtesadOnline: Surging oil prices caused inflation in the 19-country euro zone to spike in December to its highest rate in more than three years, official figures showed Wednesday.
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Publish Date:05/January/2017 | 05:37

Prices rise and businesses grow, but ECB probably not for turning

EghtesadOnline: A sharp rebound in euro zone inflation and a better-than-expected business outlook are certain to fire up demands from some hardliners for the European Central Bank to choke off it ultra-generous monetary policy.
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Publish Date:04/January/2017 | 14:55

New Year, new high for euro zone stock markets

EghtesadOnline: Euro zone stocks opened 2017 by climbing to their highest in more than a year on Monday after data showed manufacturers in the currency bloc ramped up activity at the fastest pace in more than five years.
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Publish Date:02/January/2017 | 17:42

Euro zone factories entering 2017 in good shape, PMI shows

EghtesadOnline: Manufacturers in the euro zone started 2017 on a solid footing, after ramping up activity at the fastest pace in more than five years in December and building up a burgeoning order book, a survey showed on Monday.
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Publish Date:02/January/2017 | 17:25

Euro zone lenders confident on quick solution on Greek debt spat: source

EghtesadOnline: Greece's euro zone lenders are confident a solution can be found shortly on reactivating short-term debt relief measures that were suspended after Athens decided to make an unexpected payout to poor pensioners, a euro zone source said on Wednesday.
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Publish Date:21/December/2016 | 21:00

Italian instability is not start of euro zone crisis: Eurogroup head

EghtesadOnline: Political instability in Italy makes life more difficult for Italy and the whole euro zone, but is not the start of new euro zone crisis, the chairman of euro zone finance ministers Jeroen Dijsselbloem said on Monday.
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Publish Date:05/December/2016 | 11:08

Greece needs reforms, not debt relief: Germany's Schaeuble

EghtesadOnline: Structural reforms rather than debt relief will help Greece to achieve sustainable growth and stay in the euro zone because rates and repayment are putting hardly any burden on its budget, Germany's finance minister was quoted as saying on Sunday.
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Publish Date:04/December/2016 | 12:37

Europe to Wind Down Latvian Bank Targeted by U.S. Over Sanctions

EghtesadOnline: European authorities will close ABLV Bank AS, the Latvian lender facing U.S. accusations of money laundering tied to North Korea that’s central to the political scandal shaking the euro zone this week.
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Publish Date:24/February/2018 | 15:07

Stronger currency shrinks euro zone trade surplus in August

EghtesadOnline: Euro zone ’s trade surplus shrank in August as the stronger euro fueled an import boom that was only partly offset by a rise in exports, official estimates released on Monday showed.
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Publish Date:16/October/2017 | 11:47

Hot and cold: Euro zone grows but inflation slows

EghtesadOnline: Data in the coming week should confirm the euro zone economy is running hot, after the IMF upgraded growth forecasts and Greece returned to the debt market, although inflation figures could throw cold water on ECB plans to start tightening policy.
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Publish Date:31/July/2017 | 08:54

So, is it actually the euro zone that's strong and stable?

EghtesadOnline: The deluge of cash poured into the euro zone economy in recent years by the European Central Bank appears to have finally resulted in solid - and more importantly, steady - economic growth, along with rising inflationary pressures.
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Publish Date:17/June/2017 | 05:10

Gold Sinks Most in More Than Seven Weeks as French Tension Eases

EghtesadOnline: Gold sank the most in more than seven weeks as investors returned to riskier assets on speculation pro-growth centrist Emmanuel Macron will become France’s next president after the first round of voting, potentially removing a threat to the euro zone from one of the region’s top economies.
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Publish Date:24/April/2017 | 05:21

German Ifo think tank chief says Italy risks quitting euro zone

EghtesadOnline: The head of Germany's Ifo economic institute believes Italians will eventually want to quit the euro currency area if their standard of living does not improve, he told German daily Tagesspiegel.
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Publish Date:02/January/2017 | 07:34