Euro Zone

Accelerating inflation points to likely ECB monetary policy change: ZEW

Accelerating inflation points to likely ECB monetary policy change: ZEW

Published 17/10/2017

Accelerating inflation bodes well for the German economy and makes it more probable that the European Central Bank will alter its ultra-loose monetary policy, the ZEW research institute said on Tuesday. [more…]

Greek economy in recession in 2016: statistics agency

Greek economy in recession in 2016: statistics agency

Published 17/10/2017

Greece's economy contracted by 0.2 percent last year, the head of statistics service ELSTAT said on Tuesday, releasing its second estimate of full-year 2016 gross domestic product. [more…]

ECB`s Constancio says time to take bubble-bursting `more seriously`

ECB`s Constancio says time to take bubble-bursting `more seriously`

Published 17/10/2017

It is time that authorities in Europe and the other rich parts of the world take the fight against financial bubbles "more seriously" or risk facing another financial crisis, the vice-president of the European Central Bank said on Tuesday. [more…]

EU watchdogs to study cost, performance of mutual funds

EU watchdogs to study cost, performance of mutual funds

Published 17/10/2017

European Union financial watchdogs will conduct a large-scale study into the cost and performance of mutual funds, a top regulator said on Tuesday. [more…]

ECB still believes in eventual inflation, wage rise: Draghi

ECB still believes in eventual inflation, wage rise: Draghi

Published 14/10/2017

Wages and inflation in the 19-country euro zone will eventually rise but more slowly than earlier thought, requiring continued patience from policymakers, European Central Bank President Mario Draghi said on Saturday. [more…]

Allies press Catalan leader to declare full independence, ignore Madrid deadlines

Allies press Catalan leader to declare full independence, ignore Madrid deadlines

Published 13/10/2017

Catalan leader Carles Puigdemont came under pressure from one of his key allies on Friday to declare full independence and ignore a threat of direct rule from the Spanish government. [more…]

Thousands protest in Barcelona against Catalan independence

Thousands protest in Barcelona against Catalan independence

Published 09/10/2017

Hundreds of thousands of people took to the streets of Catalonia's capital Barcelona on Sunday to express their opposition to declaring independence from Spain, showing how divided the region is on the issue. [more…]

Rajoy: Spain will not be divided, national unity will be preserved

Rajoy: Spain will not be divided, national unity will be preserved

Published 09/10/2017

Spanish Prime Minister Mariano Rajoy said in a newspaper interview that Spain would not be divided, a week after Catalonia held a referendum that authorities there say showed voters overwhelmingly support independence. [more…]

German industrial output posts biggest surge since July 2011

German industrial output posts biggest surge since July 2011

Published 09/10/2017

German industrial production jumped more than expected in August, posting its biggest monthly increase in more than six years, data showed on Monday, in a further sign that Europe's biggest economy is set for solid growth in the third quarter. [more…]

Dollar hits seven-week highs before payrolls

Dollar hits seven-week highs before payrolls

Published 06/10/2017

The U.S. dollar index rose to seven-week highs on Thursday as data pointed to solid U.S. growth, a day before Friday's highly anticipated jobs report for September. [more…]