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Eurozone

Markets

Euro hits 17-month low on French debt fears and Spanish turmoil

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Economy

German inflation rises to 2.9% in August, coming in below expectations

Inflation in Germany rose 2.9% in the year to August on the harmonised measure tracked by the European Central Bank, a fresh acceleration from July but well short of the 3.1% economists had expected, in a reading that offers modest relief to policymakers meeting in Frankfurt next week.

Business

Digital euro enters final round of EU negotiations

The European Parliament and EU governments are entering the final phase of negotiations on the digital euro. The most sensitive issues include how fees will be shared and how banks and payment providers will be compensated.

Europe Today

Euro area 'under strain' as recession risks loom

Rolf R. Strauch, Chief Economist at the European Stability Mechanism, said governments "have to create growth" to avoid a possible recession. The global instability poses "high demands" in governments that have to face them with limited fiscal space.

Economy

US job growth plummets as eurozone unemployment holds at record low

New labour market data highlights a growing transatlantic divide, with US payroll additions slowing drastically, while the Eurozone unemployment rate remains anchored at an all-time low.

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Economy

Eurozone economy shrinks by 0.2% in the first quarter of 2026

The 21-member euro area has entered negative territory for the first time in over a year, with a dramatic Irish contraction masking more nuanced performances across the bloc's major economies.

Economy

ECB holds rates at 2% as inflation rises and eurozone growth slows

The European Central Bank has held interest rates at 2% for a third straight meeting, even as inflation rises and growth slows across the eurozone.

Economy

Inflation hits 3% in euro area as Iran war spreads oil price shock

Soaring oil prices linked to the Iran war pushed inflation higher in the euro area in April, while growth continued to underperform — a worrying combination for both consumers and policymakers at the European Central Bank.

Economy

IMF drops Eurozone's economic growth forecast to 1.1% from 1.4%

The International Monetary Fund (IMF) has adjusted its growth projection for the eurozone down to 1.1% from 1.4% for 2026 as prospects for the euro area dwindle amid higher inflation and reduced momentum.

Economy

ZEW index: German investor sentiment hits lowest level in a year

German investor morale has plunged to its lowest level in almost a year, with sentiment in the eurozone also deteriorating, as the Middle East conflict rattles European markets.

Economy

Eurozone unemployment unexpectedly falls to record low

The eurozone job market showed modest improvement in January 2026, with the seasonally adjusted unemployment rate falling to 6.1%, an all-time low.

Europe News

'It's better for Poland to stay with the złoty,' Polish FM says

Andrzej Domanski said that that keeping the złoty as the national currency gives the economy greater flexibility at a time of global uncertainty, despite ongoing debates over deeper eurozone integration.

Economy

Croatia’s central bank chief nominated as next ECB vice president

Eurozone finance ministers unexpectedly selected the Croatian central bank governor to become the next VP of the European Central Bank. In a surprise move, an official from one of the euro's newest members will soon help shape European monetary policy.

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Bunlgaria's banks and shops report smooth euro transition

Bulgaria’s first days using the euro pass calmly, with banks, shops and customers adapting smoothly as both the euro and lev remain in use.

Europe News

Bulgaria switches to the euro amid mixed reactions from its citizens

Bulgaria has become the 21st country to adopt the euro, replacing the lev after nearly 20 years in the EU. While many hope it will boost the economy, concerns about inflation and political instability persist.

Europe News

What will joining the eurozone mean for the Bulgarian economy?

The Balkan country of 6.5 million people joined the EU in 2007 and formally began the process of joining the eurozone in 2018.

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Bulgarian protests continue against corruption and unfair judiciary

Bulgarian protesters continue to demand political change and an end to corruption despite the government's resignation. The eurozone transition adds pressure to the situation.