Euro zone - page 2

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.

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.

EghtesadOnline: Euro zone finance ministers, the Eurogroup, will unblock the now suspended short-term debt relief measures for Greece in January after Athens reassured euro zone lenders it would honor its bailout commitments, Eurogroup sources said on Saturday.

EghtesadOnline: Monetary economics has not broken down in the euro zone and a gradual recovery from the bloc's debt crisis will allow interest rates eventually to normalize, European Central Bank governing council member Philip Lane told an Irish newspaper on Saturday.

EghtesadOnline: Italian Prime Minister Matteo Renzi announced on Monday that he would resign after suffering a resounding defeat in a referendum over constitutional reform, leaving the euro zone's third-largest economy in political limbo.

EghtesadOnline: A modest uptick in euro zone inflation in July was confirmed by data on Friday which showed food prices surging over the year, although overall price indices still fell in 12 of the 19 member states.