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European economy

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Business

ECB mostly upbeat on eurozone employment

Eurozone employment is rising faster than expected according the European Central Bank's latest economic bulletin, fueled by an increase in part-time work and the service sector growing.

Eurozone employment is rising faster than expected according the European Central Bank's latest economic bulletin, fueled by an increase in part-time work and the service sector growing.

Business

German economic growth to slow says finance ministry

Germany's economic growth will slow in the second half of this year the finance ministry has said due to weaker foreign demand for goods.

Germany's economic growth will slow in the second half of this year the finance ministry has said due to weaker foreign demand for goods.

News

Transatlantic trade deals trigger Brussels demo

Several thousand farmers, activists and trade unionists held a protest outside EU buildings in Brussels in the latest demonstration against planned transatlantic free trade…

Several thousand farmers, activists and trade unionists held a protest outside EU buildings in Brussels in the latest demonstration against planned transatlantic free trade…

Business

Eurozone is doomed without radical reform says economist Stiglitz

As the eurozone struggles with weak growth and the threat of deflation, left-leaning economist and Nobel laureate Joseph Stiglitz told Euronews the currency bloc is doomed without radical changes.

As the eurozone struggles with weak growth and the threat of deflation, left-leaning economist and Nobel laureate Joseph Stiglitz told Euronews the currency bloc is doomed without radical changes.

News

Taking the Best and Forgetting the Rest

The future architecture of the post-Brexit European Union will be discussed on September 16 in the Slovak capital of Bratislava. The Visegrad

The future architecture of the post-Brexit European Union will be discussed on September 16 in the Slovak capital of Bratislava. The Visegrad

Business

Nothing new from European Central Bank despite weak growth forecasts

The European Central Bank has decided it does not need to do anything more right now to stimulate the eurozone economy despite continued weak growth forecasts.

The European Central Bank has decided it does not need to do anything more right now to stimulate the eurozone economy despite continued weak growth forecasts.

Business

No new eurozone stimulus measures from the ECB for now

There was no fresh stimulus from the European Central Bank at its latest policy meeting in the face of high unemployment, weak growth and the threat of deflation in the…

There was no fresh stimulus from the European Central Bank at its latest policy meeting in the face of high unemployment, weak growth and the threat of deflation in the…

Business

Eurozone August business growth weaker

Business growth in the eurozone was weak in August - the most lacklustre it has been since the start of last year, according to surveys of thousands of companies.

Business growth in the eurozone was weak in August - the most lacklustre it has been since the start of last year, according to surveys of thousands of companies.

Business

Eurozone shoppers not scared by Brexit vote

Euro zone retail sales rose more than expected in July, posting the largest monthly increase of the year despite the British vote in June to leave the European Union.

Euro zone retail sales rose more than expected in July, posting the largest monthly increase of the year despite the British vote in June to leave the European Union.

Business

Brexit vote unnerves eurozone and UK businesses

Economic sentiment in the eurozone fell in August and optimism among Britain's services firms has also fallen sharply. Economists linked that to Britain's vote to leave the European Union.

Economic sentiment in the eurozone fell in August and optimism among Britain's services firms has also fallen sharply. Economists linked that to Britain's vote to leave the European Union.

Business

No Brexit vote effect on stable eurozone business activity

Business activity in the eurozone in August shows no signs of being hit by Britain's vote to leave the European Union and France enjoyed surprisingly strong growth.

Business activity in the eurozone in August shows no signs of being hit by Britain's vote to leave the European Union and France enjoyed surprisingly strong growth.

Business

Eurozone GDP growth slows in Q2, French economy stalls

The eurozone's economic growth slowed between April and June. It was 0.3 percent quarter-on-quarter, half of the 0.6 percent growth recorded in the first three months of 2016.

The eurozone's economic growth slowed between April and June. It was 0.3 percent quarter-on-quarter, half of the 0.6 percent growth recorded in the first three months of 2016.

Europe

Boris Johnson wants UK to remain key partner in Europe

The British Foreign Secretary Boris Johnson has promised the UK will maintain close ties with its European neighbours despite the Brexit vote.

The British Foreign Secretary Boris Johnson has promised the UK will maintain close ties with its European neighbours despite the Brexit vote.

Business

Eurozone business growth weakens

Economic activity in the eurozone fell less than expected in July, but was still at its lowest since the start of 2015. The Brexit effect was not as bad as economists had feared.

Economic activity in the eurozone fell less than expected in July, but was still at its lowest since the start of 2015. The Brexit effect was not as bad as economists had feared.

Europe

EU warns Spain, Portugal over spending

EU finance ministers say Spain and Portugal have broken the bloc’s budget rules and have not done enough to reduce their deficits.

EU finance ministers say Spain and Portugal have broken the bloc’s budget rules and have not done enough to reduce their deficits.

Business

S&P cuts European Union's credit rating

Standard & Poor's has cut its long-term credit rating on the European Union to 'AA' from 'AA+' because of concerns about the unity of the bloc after Brexit.

Standard & Poor's has cut its long-term credit rating on the European Union to 'AA' from 'AA+' because of concerns about the unity of the bloc after Brexit.

Business

Draghi pushes eurozone reforms - again

The European Central Bank's Mario Draghi argues again reform is needed as well as low interest rates and money printing to get the eurozone's economy growing again.

The European Central Bank's Mario Draghi argues again reform is needed as well as low interest rates and money printing to get the eurozone's economy growing again.

Business

Brexit: conundrum for small businesses

With both sides in the British referendum on European Union membership trying to win over the many still undecided voters, small businesses have become a key battleground.

With both sides in the British referendum on European Union membership trying to win over the many still undecided voters, small businesses have become a key battleground.

Business

ECB says growth prospect slightly better, but still many risks

ECB President Mario Draghi said the prospects for eurozone economic growth are looking slightly better this year and it's the same story for inflation, but there are still many risks.

ECB President Mario Draghi said the prospects for eurozone economic growth are looking slightly better this year and it's the same story for inflation, but there are still many risks.

Business

Eurozone: inflation still negative and jobless rate unchanged

Deflation remains the trend in the eurozone with consumer prices down by 0.1 percent in May. The bloc's unemployment rate was unchanged at 10.2 percent in April. May jobless totals fell in Germany.

Deflation remains the trend in the eurozone with consumer prices down by 0.1 percent in May. The bloc's unemployment rate was unchanged at 10.2 percent in April. May jobless totals fell in Germany.

Business

Brexit vote: one month away the recession warnings keep coming

Exactly one month before the referendum on whether Britain stays in the European Union there have been more economic warnings from top government politicians.

Exactly one month before the referendum on whether Britain stays in the European Union there have been more economic warnings from top government politicians.

Business

German economic strength supports eurozone growth

Germany's economy performed much better than expected in the first three months of this year, making it again the driving force for the eurozone.

Germany's economy performed much better than expected in the first three months of this year, making it again the driving force for the eurozone.