Euro Zone

Euro zone growth, inflation outlook cut as risks from U.S. trade grow

Euro zone growth, inflation outlook cut as risks from U.S. trade grow

Published 10/07/2019

BRUSSELS (Reuters) - The European Commission lowered its estimates on Wednesday for euro zone growth and inflation, saying uncertainty over U.S. trade policy posed a [more…]

Euro zone welcomes Croatia’s bid to join euro at the earliest in 2023

Euro zone welcomes Croatia’s bid to join euro at the earliest in 2023

Published 08/07/2019

BRUSSELS (Reuters) - Croatia has submitted a formal bid to join the European Exchange Rate Mechanism (ERM-2), an early stage on the path to membership [more…]

Lagarde to rely on political skill to overcome shortcomings at ECB

Lagarde to rely on political skill to overcome shortcomings at ECB

Published 02/07/2019

FRANKFURT (Reuters) - A shrewd negotiator who has run the IMF but has little monetary policy experience, Christine Lagarde will face the challenge as the [more…]

EU leaders close in on top jobs deal after marathon talks

EU leaders close in on top jobs deal after marathon talks

Published 01/07/2019

BRUSSELS (Reuters) - European Union leaders are close to picking Dutch socialist Frans Timmermans to head the European Commission, two diplomats said on Monday, after [more…]

Yuan, dollar soar and safe-haven currencies slide after U.S.-China…

Yuan, dollar soar and safe-haven currencies slide after U.S.-China…

Published 01/07/2019

LONDON (Reuters) - The dollar and offshore Chinese yuan rallied on Monday after the United States and China agreed to restart their troubled trade talks, [more…]

Euro zone bank profitability may weaken on slowdown: ECB

Euro zone bank profitability may weaken on slowdown: ECB

Published 25/06/2019

FRANKFURT (Reuters) - Profitability across the euro zone bank sector is low and weakening growth could further dampen the sector’s prospects, European Central Bank Vice [more…]

Mini-bill plan creates fissures within Italy’s League

Mini-bill plan creates fissures within Italy’s League

Published 24/06/2019

MILAN (Reuters) - A controversial plan for Italy to issue so-called mini-bills to settle overdue state payments is opening cracks within the country’s ruling League [more…]

Dollar struggles after biggest weekly drop in four months- G20 eyed

Dollar struggles after biggest weekly drop in four months- G20 eyed

Published 24/06/2019

LONDON (Reuters) - The dollar was on the back foot on Monday after sustaining its biggest weekly drop in four months last week as traders [more…]

Acropolis Museum opens ancient Athens neighborhood site below its base

Acropolis Museum opens ancient Athens neighborhood site below its base

Published 21/06/2019

ATHENS (Reuters) - Greece’s Acropolis Museum opened an excavation site underneath its modern building on Friday, allowing visitors for the first time to walk through [more…]