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Business

Eurozone resilient despite Brexit vote says ECB's Draghi

European Central Bank head Mario Draghi says the eurozone economy is coping well with global uncertainty, including Britain's vote to leave the EU.

European Central Bank head Mario Draghi says the eurozone economy is coping well with global uncertainty, including Britain's vote to leave the EU.

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

Eurozone Q2 growth weakens

There was only weak growth again for the eurozone economy between April and June - up by just 0.3 percent from the previous quarter with exports the biggest contributor.

There was only weak growth again for the eurozone economy between April and June - up by just 0.3 percent from the previous quarter with exports the biggest contributor.

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

Italian economy stagnated in Q2

It has been confirmed Italy's economy stagnated in the period from April to June not growing at all from the first three months of the year.

It has been confirmed Italy's economy stagnated in the period from April to June not growing at all from the first three months of the year.

Business

Eurozone manufacturing 'wavering', British manufacturing rebounds

Manufacturing growth in the eurozone slowed in August partly due to the effect of the Brexit vote. The weaker pound boosting exports help UK manufacturing rebound.

Manufacturing growth in the eurozone slowed in August partly due to the effect of the Brexit vote. The weaker pound boosting exports help UK manufacturing rebound.

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 business activity still muted in July, retail sales flat

Business activity in the eurozone was slightly better than predicted in July but growth remained muted and what there was came mostly from a surge in Germany.

Business activity in the eurozone was slightly better than predicted in July but growth remained muted and what there was came mostly from a surge in Germany.

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.

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.

Business

German exports plunge in May

There was an unexpected fall in exports from Germany in May and imports barely rose, further indicators of slowing growth in Europe's largest economy.

There was an unexpected fall in exports from Germany in May and imports barely rose, further indicators of slowing growth in Europe's largest economy.

Europe

EU seeks to sanction Spain, Portugal over spending

Spain and Portugal could faces fines for breaching EU spending rules after the European Commission opened a sanctions procedure on Thursday over both countries failure to tackle their budget…

Spain and Portugal could faces fines for breaching EU spending rules after the European Commission opened a sanctions procedure on Thursday over both countries failure to tackle their budget…

Business

New 50 euro banknote to fight forgery, reaffirm ECB's commitment to cash

The European Central Bank has unveiled the design and high-tech security features for the 50 euro banknote - the most widely counterfeited bill - before it goes into circulation next April.

The European Central Bank has unveiled the design and high-tech security features for the 50 euro banknote - the most widely counterfeited bill - before it goes into circulation next April.

Business

ECB agrees cheaper loans to fund Greek banks

The European Central Bank has agreed to accept 'junk' rated Greek debt as collateral for normal "ECB":http://www.ft.com/cms/s/0/10708ef6-387a-11e6-9a05-82a9b15a8ee7.html#axzz4CPd5i6K9 lending to banki

The European Central Bank has agreed to accept 'junk' rated Greek debt as collateral for normal "ECB":http://www.ft.com/cms/s/0/10708ef6-387a-11e6-9a05-82a9b15a8ee7.html#axzz4CPd5i6K9 lending to banki

Business

European Central Bank corporate bond buying starts

The European Central Bank has begun buying corporate bonds to try to get businesses to borrow and spend, which would boost the eurozone economy and cause inflation to rise.

The European Central Bank has begun buying corporate bonds to try to get businesses to borrow and spend, which would boost the eurozone economy and cause inflation to rise.

Business

Eurozone GDP growth revised upwards for Q1

It seems the eurozone's economic growth was slightly better than previously thought in the first three months of this year, but still nothing to shout about.

It seems the eurozone's economic growth was slightly better than previously thought in the first three months of this year, but still nothing to shout about.

Business

Not hot to shop in the eurozone

Retail sales in the eurozone were unchanged in April from March and year-on-year growth slowed.

Retail sales in the eurozone were unchanged in April from March and year-on-year growth slowed.

Business

Eurozone manufacturing still lacklustre

Eurozone factory activity remained stagnant in May despite more price cuts. German production hit a four-month high, French manufacturing activity contracted again.

Eurozone factory activity remained stagnant in May despite more price cuts. German production hit a four-month high, French manufacturing activity contracted again.

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

Difficult austerity vote is key to more Greek bailout cash

With Greece fast running out of money and loan repayment deadlines looming, the parliament is heading towards another austerity vote - a major test for Prime Minister Alexis Tsipras.

With Greece fast running out of money and loan repayment deadlines looming, the parliament is heading towards another austerity vote - a major test for Prime Minister Alexis Tsipras.