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Wednesday, May 31, 2023
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Inflation in eurozone countries rises to record high of 8.9%

Inflation in the European countries using the euro climbed to another record in July pushed by higher energy prices driven partly by Russia’s war...

Inflation reaches record level in euro zone as fuel prices surge

Inflation hit a new record in the euro zone as skyrocketing fuel prices boosted by the war in Ukraine add new burdens to household...

Inflation in eurozone soars to record 7.5%

Inflation in the eurozone has soared to another record in a fresh sign that rising energy prices fuelled by Russia’s war in Ukraine are...

Eurozone economy suffers record drop during lockdown months

The economy of the 19-country eurozone shrank by a record 12.1% during the second quarter as coronavirus lockdowns froze business and consumer activity. Spain, which...

Eurozone talks break off without agreement on fight against pandemic

Finance ministers from the 19 countries that use the euro single currency have broken off talks amid deep divisions over how best to respond...

EU slashes forecasts for Eurozone economic growth over Brexit and other threats

U officials have slashed their growth forecast for the 19 countries that use the euro, saying even the reduced estimate was vulnerable to "large...

EU warns Italy over possible legal action amid budget eurozone rules breach

The European Commission has warned Italy that its budget plans are in serious breach of the rules underpinning the euro single currency and that...

Eurozone economy grows more than expected

The eurozone's economy has been growing by slightly more than expected. Official figures for the 19 countries using the currency show it rose by 0.6%...

Eurozone deficit down at lowest level since early 2008

The level of government borrowing in the 19-country eurozone has fallen to its lowest level since early 2008. Following years of often strict budget...

Greece’s European creditors suspend debt relief measures

European creditors have pulled a recently announced debt relief package for Greece in protest at subsequent budget spending measures by Athens. Greek stocks fell sharply...

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