European Economy

Eurozone retail sales suffer sharp drop in September

Retail sales across the 18 countries of the eurozone sank 1.3 percent in September, data showed Wednesday, in another sign that slumping demand is hurting the European economy.

Nov 05, 2014, 17:44 PM IST

EU slashes growth outlook in new blow to eurozone

The EU sharply cut its growth forecasts for the eurozone on Tuesday, warning that France and Italy remain huge problems for the sluggish European economy while calling for investment.

Nov 04, 2014, 18:23 PM IST

Prolonged German downturn could prompt stimulus rethink

The last thing the faltering European economy would appear to need right now is a sudden downturn in Germany, hitherto the bloc`s pillar of strength.

Oct 08, 2014, 12:32 PM IST

Eurozone inflation drops to 0.3%, unemployment steady

Inflation in the eurozone fell to 0.3 percent in September, official EU data showed on Tuesday, signalling that the European Central Bank may have to go even further to avert the threat of deflation.

Sep 30, 2014, 15:14 PM IST

EU seeks billions of euros to revive economy

The EU economy grew by just 0.1 percent last year.

Sep 13, 2014, 23:49 PM IST

Eurozone industrial production recovers in July

Industrial output in the eurozone rose one percent in July, official data showed on Friday, offering a rare glimmer of positive news to a single-currency economy struggling with stagnating growth and low inflation.

Sep 12, 2014, 18:24 PM IST

Eurozone economy stagnates as ECB leaps in to action

The eurozone economy stagnated in the second quarter.

Sep 05, 2014, 17:37 PM IST

Eurozone economy stagnates in second quarter

The eurozone economy stagnated in the second quarter, official figures showed on Friday, in line with the poor outlook which pushed the European Central Bank into radical action on Thursday.

Sep 05, 2014, 15:21 PM IST

Investors' eyes pinned on ECB as Europe's health deteriorates

The European Central Bank meeting on Thursday is the prime event for markets seeking clarity on the bank's response to a stalled recovery, disappearing inflation and the sluggish pace of reform in the euro zone.

Aug 31, 2014, 17:25 PM IST

Eurozone inflation falls to 0.3%, as deflation knocks

Eurozone inflation fell to 0.3 percent in August, raising the dangers of deflation and also pressure on the European Central Bank to open up the cash floodgates, data showed on Friday.

Aug 29, 2014, 18:14 PM IST

Eurozone inflation 0.3%, Eurostat says, as deflation knocks

Eurozone inflation fell again in August to 0.3 percent, official EU data showed on Friday, bringing the threat of a deflationary spiral dangerously close.

Aug 29, 2014, 15:03 PM IST

Asia shares hit as Ukraine tensions trump US data

Asian markets mostly fell Friday as the prospect of a military confrontation between Ukraine and Russia knocked confidence and offset forecast-beating US growth data.

Aug 29, 2014, 13:04 PM IST

Asian shares firm, euro wilts as ECB seen on cusp of QE

Markets were still coming to terms with comments from ECB chief Mario Draghi late last week that the central bank was prepared to respond with all its "available" tools should inflation drop further.

Aug 26, 2014, 09:00 AM IST

Asian stocks steady on robust US data, dollar holds gains

Asian stocks were steady on Wednesday after strong U.S. housing data lifted Wall Street shares, helping nudge Treasury yields higher and keeping the dollar well bid against the euro and yen.

Aug 20, 2014, 10:06 AM IST

Asian shares gain despite downbeat data

Asian shares rose on Friday, tracking gains on Wall Street and in European markets despite downcast eurozone growth data and statistics showing a larger-than-expected rise in US jobless claims.

Aug 15, 2014, 15:19 PM IST

Eurozone unemployment, inflation data paint mixed picture

Eurozone unemployment and inflation data painted a mixed economic picture Thursday, with the jobless rate edging down while softer prices raised question marks over consumer demand, clouding the outlook.

Jul 31, 2014, 19:02 PM IST