World news about “Eurozone” published by euronews.
Belgium probes into counterfeit euros originating in China Belgian authorities have launched an investigation after the seizure of tons of fake euro coins which came from China. Customs at Brussels airport have been… 19/05/2013
Europe Weekly: donors dig deep for Mali International donors meet in Brussels with a view to raising funds for Mali; French President François Hollande calls in on the European Commission for talks… 17/05/2013
Slovenia’s shaky banks bring a downgrade from Fitch It was not unexpected – late on Friday the Fitch ratings agency downgraded Slovenia’s long-term foreign currency rating to BBB + from A minus. It also… 17/05/2013
Croatia upgrades borders as it enters EU Upgrades on border lines and crossings are taking place as Croatia becomes the 28th member state of the European Union on July 1. The country has seen its… 16/05/2013
Eurozone economy in longest ever recession There is no end in sight to the economic misery for the eurozone. The region has slumped into its longest recession since records began in 1995. Between… 15/05/2013
UK joblessness up again The latest unemployment totals from London underscored how weak Britain’s economy remains. The number of people without jobs continued to rise. Using… 15/05/2013
Europe faces up to a gloomy year Europe will remain mired in recession for the rest of this year, according to the latest EU forecasts. The European Commission says the eurozone will shrink… 03/05/2013
Eurozone recession bites deeper The European Commission has cut its growth forecasts for the eurozone, indicating a deeper recession this year and a slower recovery next year. In its… 03/05/2013
Europe Weekly: May Day protests ring alarm bells over austerity The European Commission unveils another gloomy economic outlook for 2013; May Day protests voiced workers’ anger against austerity; and the European Court of… 03/05/2013
New Italian premier Enrico Letta woos Angela Merkel in Berlin Italy’s new premier Enrico Letta hotfooted it to Berlin to meet Angela Merkel hours after winning the final approval on his cabinet by the Senate. Letta is… 30/04/2013
New 5 euro banknote in circulationΙn the first of a series of updates to the euro currency notes, a new five euro banknote, has gone into circulation in the eurozone. Part of the reason for… 30/04/2013
What more does the ECB need to cut rates? The European Central Bank is widely expected to stimulate economic growth by cutting interest rates soon. Weaker than expected statistics from Germany… 26/04/2013
Spaniards ruined in bank share scheme feel betrayed Spain’s banking crisis is counting the victims – those who bought shares in the country’s three nationalised banks and who stand to lose most of their money… 24/04/2013
European socialists jab at EU leaders’ shift on austerity policiesThe Socialists and Democrats MEP group was quick to poke fun at a recent shift by European Commission leaders on austerity policies. “The S&D Group… 23/04/2013
How precious is gold? The price of gold fell recently to its lowest level in two years, was it due for a correction or were discussions that Cyprus could sell much of its reserves… 19/04/2013
Cyprus to offer citizenship deal to bailout losers Cyprus is to relax its citizenship rules for foreign investors who lost at least three million euros under the country’s EU-led bailout deal. The changes will… 15/04/2013
WTO cuts 2013 trade growth forecast after grim 2012 Weak is the word from the World Trade Organisation which has slashed its 2013 forecast for trade growth. Having previously thought it would rise by 4.5… 10/04/2013
Slovenian PM says things are tough, but no bailout Slovenia’s prime minister has said her country will not need an international bailout to avoid going bankrupt. Alenka Bratusek made the statement during a… 10/04/2013
OECD warns on Slovenian banks Slovenia, which is trying to avoid becoming the eurozone’s next bailout victim, may have “significantly” misread the cost of fixing its troubled banks… 09/04/2013
US presses for more growth in Europe US Treasury Secretary Jack Lew is on his first official trip to Europe, discussing ways European economies can stimulate growth. Lew came with the message… 08/04/2013
Jobless Europe overshadows Cyprus problems While Cyprus has been dominating the headlines in the eurozone , the monetary union faces another longer-term problem. The jobless rate in the 17 countries… 05/04/2013
Italy to pay 40 bn euros it owes private firms Italy’s caretaker government is expected to approve a decree law to pay the huge sums it owes to private companies. If passed the state will pay some 40… 04/04/2013
ECB holds rates despite Cyprus As expected, the European Central Bank has kept the cost of borrowing unchanged at a record low of 0.75 percent. ECB President Mario Draghi and his… 04/04/2013
Eurozone inflation falls for third straight month Inflation in the eurozone was down for the third month running in March. The first assessment by the EU’s statistics agency, Eurostat, was that inflation… 03/04/2013
Fears of social unrest and further job losses in Cyprus As Cypriots grow increasingly concerned about their finances, there are fears of potential social unrest. Bank customers now face losing up to 60 percent… 31/03/2013
Cyprus: Big depositors will lose up to 60% of savings Bank of Cyprus customers will shed up to 60 percent of savings over 100 thousand euros, it has been revealed. The island’s Central Bank confirmed the… 30/03/2013
Cyprus: banks open but no free access to money People living in Cyprus are again able to use banks on the island for the first time in two weeks as they finally reopened today. Branches are open between… 28/03/2013
Bank re-opening delayed in Cyprus Cyprus’ banks will now remain shut until Thursday, following the island’s controversial bailout deal. Most of them had been expected to re-open today. The… 25/03/2013
Accusations fly in Cyprus bailout fallout The streets of Nicosia appear calm as the bailout fallout begins to hit home in Cyprus. Facing massive job losses and economic turmoil under the new loan… 25/03/2013
Cyprus Foreign Minister defends bailout as only option to save the economy Cyprus had no choice but to accept the latest 10 billion euro bailout deal according to Foreign Minister Ioannis Kassoulides. Speaking at a ceremony… 25/03/2013
European markets at close: 22.03.2013 22/03/2013
Cyprus time-bomb Protests in the streets and closed banks after Cyprus’s financial time-bomb exploded. The island has been asking Europe for help for some time, but the… 22/03/2013
Latvia wants the euro Latvia’s government wants to introduce the euro despite a majority of Latvians opposing entry into the eurozone. There will be no referendum on the… 22/03/2013
Bonus interview: Ilmars Rimsevics, Latvian Central Bank Governor Complete interview with Ilmars Rimsevics, Latvian Central Bank Governor. 22/03/2013
Cyprus: the long weekend before Panic MondayCyprus Central Bank Governor Panicos Demetriades leaves the presidential palace in Nicosia. The European Central Bank set Cyprus a Monday deadline to agree a… 22/03/2013
Next few hours crucial for Cyprus, as bailout deadline looms With the clock ticking until the EU’s Monday deadline, the pressure is on Cyprus to find a solution to the impending meltdown of its banking system. With… 22/03/2013
Valdis Dombrovskis on Latvia’s fearless path to euro With Latvia set to join the euro single currency soon, euronews went to talk to the Baltic country’s Prime Minister Valdis Dombrovskis, in Riga. He has been… 21/03/2013
How to save the euro Can the euro, and indeed Europe, survive the region’s current debt crisis? One person who is well qualified to speak on that is the economist, Professor… 20/03/2013
Eurozone in disarray after Cyprus rejects bank levy Cypriot ministers voted down the proposed levy on the island’s bank deposits on Tuesday, thrusting the eurozone into further difficulties. Bowing to… 20/03/2013
Greek paper claims government cronies emptied accounts to avoid Eurozone savings levy The resonating phrase of this financial crisis, “We’re all in it together”, appears just as fragile in Cyprus, where one newspaper, “Phileleftheros” has… 19/03/2013
Shock in Cyprus over bailout levy on bank deposits Cypriot savers have been queuing at cash machines – after waking up to the news that Brussels plans to enforce a levy of up to 10 percent on bank deposits as… 16/03/2013
Eurogroup and IMF agree on Cyprus bailout After ten hours of talks the deal was struck! Eurozone finance ministers and IMF chief Christine Lagarde agreed to a ten billion euro bailout for Cyprus –… 16/03/2013
ECB rate cut more likely as inflation holds steady Eurozone inflation in February was at its lowest level since mid-2010, thanks to lower price pressure from food, alcohol and tobacco. Annual consumer… 15/03/2013
Latvia applies to join the eurozone Latvia’s government has applied to join the eurozone next year. The Baltic country would become the 18th nation to become part of the single currency zone… 05/03/2013
Ireland, Portugal seek delay on loan repayments Eurozone ministers have met in Brussels to discuss how Portugal and Ireland can return swiftly to borrowing from the capital markets. Both bailout countries… 04/03/2013
Cyprus bailout tops Eurogroup agenda Eurozone finance ministers are set for fresh talks on a bailout for Cyprus. They will start on Monday at a Eurogroup meeting and a senior eurozone official… 01/03/2013
EU axe falls on bankers’ bonuses Italians delivered a stinging riposte to its political class and the age of austerity. MEPs agreed to hit bankers where it hurts them most: their… 01/03/2013
Eurozone inflation down, interest rate cut to follow? Inflation in the eurozone fell to 2.0 percent in January, down from 2.2 percent in December. It is an indication of the reluctance by Europeans to spend… 28/02/2013
EU economies set for stormy 2013 Only a few weeks ago, EU officials were patting each other on the back and declaring that the euro crisis is over. Now the European Commission’s own… 22/02/2013
Currency wars and ‘the lazy French’ At the G-20 meeting in Moscow Mario Draghi said he feels that there is too much “chatter” about currency wars, which he called “either inappropriate or… 22/02/2013
No respite for eurozone economy this year There is no chance of a return to economic growth in the eurozone until next year. That was the latest gloomy forecast from the European Commission on… 22/02/2013
France pledges ‘integration solidarity’ French President François Hollande speaks of “solidarity integration within the eurozone”. What does this expression really mean and is it more efficient than… 22/02/2013
Hollande warns Europe’s fiscal hawks over EU budgetFrench President François Hollande fired a warning shot to the EU’s fiscal hawks on Tuesday. He told MEPs in Strasbourg that France would stand up for their… 05/02/2013
Eurozone recovery signs emerge The eurozone’s battered economy is showing signs of recovery. The latest surveys of thousands of the region’s companies reveal business activity grew… 05/02/2013
That wasn’t supposed to happen! US economy shrinks The US economy unexpectedly shrank at the end of last year, news that was released just as the Federal Reserve policymakers were holding their regular monthly… 01/02/2013
Eurozone inflation eases, jobs picture still grim Eurozone inflation fell more than expected in January. That implies businesses are cutting their prices to keep people spending amid the weak economy and… 01/02/2013
Eurozone lending slides again Bank lending to businesses and individuals in the eurozone remains weak, with loans to companies and households contracting again in December. The low… 28/01/2013
Banks to pay back ECB crisis loans The European Central Bank says it is about to receive repayment of more than 130 billion euros of crisis loans that it made to the region’s lenders. The… 25/01/2013
Davos: leaders look to ‘resilient dynamism’ The world’s power elite are gathered at the World Economic Forum in the Swiss ski resort of Davos focusing on how countries and companies can survive the… 23/01/2013
Hope starts to re-emerge at the 2013 Davos World Economic ForumThe Davos World Economic Forum is gearing up with, apparently, more world leaders attending than in recent years: there are some 50 heads of state and… 22/01/2013
Dutch finance minister set to become new ‘Mr. Euro’ Dutch Finance Minister Jeroen Dijsselbloem is set to be named as the new head of the Eurogroup on Monday. He’ll take over from Luxembourg’s Jean-Claude… 18/01/2013
Euro crisis hits German economy in Q4 Germany’s economy was hit hard by the eurozone crisis in the final quarter of last year. As traditionally strong exports and investment slowed, GDP shrank… 15/01/2013
Austerity vicious circle The beginning of a new year is a time for making plans for the future and reaching conclusions about the year just past. Unfortunately 2012 provided many… 11/01/2013
Eurozone joblessness up again The eurozone’s unemployment rate reached a new record in November as companies from carmakers to retailers laid people off. Joblessness hit the highest… 08/01/2013
Eurozone inflation up on holiday spending Christmas holiday spending nudged up prices in the eurozone in December. The cost of living in the 17 countries sharing the euro had been forecast to fall… 04/01/2013
Eurozone factory slump deepens Eurozone factories sank deeper into recession in December as new orders tumbled. Surveys of the region’s businesses showed economic decline spread further… 02/01/2013
euronews looks ahead to 2013 Who will be the world’s leaders in 2013? How will Europe fare? Will Italy get a new leader, what will be the futures of Syria, Egypt or the Arab regimes… 01/01/2013
Weary EU leaders put off detail until next year At the end of a bruising year for the European Union, the final summit of 2012 was tinged with a sense of optimism. Greece got the latest slice of bailout… 14/12/2012
EU nations agree banking union Welcome to Europe Weekly, in this edition. EU finance ministers agreed the first step of a banking union. Their foreign ministry counterparts met with the… 14/12/2012
Eurozone jobs squeeze worsens The number of people with jobs in the eurozone continues to fall. Employment was down by 0.2 percent in the third quarter from the second according to the… 14/12/2012
Italy passes debt test Italy’s borrowing costs fell at its latest auction of short-term government bonds. That means Rome has passed the first debt test since technocrat Prime… 12/12/2012
Greece extends buyback deadline in the hope of more bids Greece has extended a buyback invitation that is part of its international bailout agreed with the EU and IMF last month. The deadline has been pushed… 10/12/2012
Europe Weekly: EU banking union talks rumble on This week, EU finance ministers met to discuss a future banking union but they failed to reach any agreement on how it would be structured. Amid the current… 07/12/2012
Unpaid sailors, Nordic relations, regional hiring help RTP Portugal Christmas cheer for a group of Portuguese sailors caught in an austerity trap is high on their wish list as their cruise employer withholds… 07/12/2012
Eurogroup ministers consider Greek debt buyback Eurozone finance ministers met in Brussels with many offering their reactions to news that Greece would buy back some of its bonds to cut its debt load… 03/12/2012
Eurozone and the IMF agreement to release the next tranche of aid for Greece EU leaders managed to buy Greece some time this week, now we’ll take a look at how they are trying to forge a closer union. EUROGROUP: DEAL ON GREECE The… 01/12/2012
‘Say Oui to France’ Last month the French government announced its plans to boost the competitiveness of the eurozone’s second largest economy. Paris needs to attract foreign… 30/11/2012
No relief in crisis until next year, says banking chief There is light at the end of the financial tunnel. That’s the view of Mario Draghi. But the European Central Bank President warned there will be no immediate… 30/11/2012
Inflation in the eurozone falls One of the smallest rises in energy prices in a year has helped to bring down the rate of inflation in the eurozone. The annual consumer price inflation… 30/11/2012
Eurozone edges towards two-speed Europe The eurozone will move closer to creating a two-speed Europe if MEPs and the 17 countries using the single currency back plans by the European Commission for… 28/11/2012
IMF and eurozone chiefs discuss Greek aid deal Eurozone finance ministers are meeting with IMF officials in Brussels to discuss whether to release the next installment of bailout aid for Greece. It’s the… 26/11/2012
Eurozone worried for France The euro crisis has been in focus once more: not only did the eurogroup fail to reach an agreement over Greece – Moody’s also downgraded France, stoking fears… 23/11/2012
Eurozone finance ministers edge towards Greek deal Eurozone finance ministers are close to a deal on paying out the next installment of bailout aid to Greece. It could be approved as early as Tuesday… 20/11/2012
Greece holds breath on Eurogroup’s 31.5bn euro decision in Brussels As the eurozone’s finance ministers meet in Brussels, Greece will be hoping they’ve done enough to convince them that they are deserving of the next tranche… 12/11/2012
Poor Eurozone growth until 2014 The Eurozone looks set to remain in the doldrums until at least the end of next year according to the European Commission. There is light at the end of the… 07/11/2012
Eurozone factory downturn deepens There was no respite for the eurozone economy, as manufacturing in the region shrank for the 15th month running in October. Surveys of factory managers… 02/11/2012
Draghi’s first year in power One year ago ECB President Mario Draghi took office in the midst of tough times and since then has introduced a raft of measures against the eurozone… 02/11/2012
German retail sales jump The tills keep ringing in Germany. In September, retail sales there rose at the fastest pace since June last year. They were up by 1.5 percent from… 31/10/2012
Eurozone unemployment up, inflation eases The total number of people out of work in the eurozone hit almost 18.5 million in September as the latest figures show unemployment at record levels in… 31/10/2012
Hollande urges new approach on EU partners French President François Hollande has been meeting with the heads of the World Bank, IMF, and other top economic bodies at the OECD headquarters in… 29/10/2012
Rosneft TNK-BP deal stirs up the oil market A spectacular energy deal as Russian oil giant Rosneft moves to buy the joint venture TNK-BP which would make it the biggest market-listed oil company in the… 26/10/2012
Eurozone downturn deepens, includes Germany German business sentiment dropped sharply in October, confirming Europe’s largest economy is now mired in the eurozone debt crisis. The Ifo economic… 24/10/2012
Deficit gains, debt pain for eurozone While the eurozone made dramatic inroads into its fiscal deficit deadweight last year, slashing it to 4.1 percent of GDP from 2010’s 6.2 percent, total public… 22/10/2012
US economic recovery The latest economic figures from the US have confirmed that the world’s biggest economy is on the path to recovery. Unemployment dropped below eight… 19/10/2012
And the winner is… EU gets the Nobel Peace Prize Europe Weekly takes a look at the reaction in Brussels to this prestigious award. Economic issues also dominated this week with the launch of the European… 12/10/2012
Tales from the ECB Alex Taylor: “One of the key players in the continuing doom and gloom surrounding the euro is the European Central Bank. What exactly is its role? Does it… 11/10/2012
EU markets unimpressed by ESM ‘bazooka’ European investors were decidedly underwhelmed by the appearance of the European Stability Mechanism, with the indices of all bourses losing value of around… 08/10/2012
OECB holds fire on rate cut Having taken to the unusual retreat of Brdo castle in Slovenia, quitting their tower in Frankfurt to incant over the ECB runes, the interest rate has stayed… 04/10/2012
George Papandreou: The future of Greece George Papandreou was the leader of the Panhellenic Socialist Movement (Pasok). In 2011 the former prime minister found himself in uncharted waters as he… 03/10/2012
Cautious eurozone drivers pull down retail sales It seems eurozone motorists – worried about high prices and the region’s slide into recession – spent less on fuel during the normally busy summer driving… 03/10/2012
