Bulgaria may meet euro accession criteria soon: EU Commissioner FRANKFURT: Bulgaria may meet all the conditions for joining the euro zone in the next few months and the European... Published 16 Dec, 2024 03:25pm
Markets Euro area bond yields edge higher after ECB flags caution LONDON: Euro zone bond yields rose on Friday, a day after the European Central Bank (ECB) cut interest rates but... Published 13 Dec, 2024 02:06pm
Business & Finance ECB cuts rates again as eurozone hit by economic, political woes FRANKFURT: The European Central Bank cut interest rates again Thursday, citing a worsening growth outlook and ... Published 13 Dec, 2024 06:29am
Editorials Trump tariffs and trade wars EDITORIAL: Donald Trump’s return to the White House could not have come at a worse time for the Eurozone, just ... Updated 08 Nov, 2024 08:32am
Business & Finance Trade war would weigh on Europe’s already weak outlook, ECB warns LONDON: Euro zone growth may be weaker than earlier thought and fresh barriers to global trade could lead to a... Published 07 Nov, 2024 06:16am
World Will Hungary hijack the EU during its presidency? BRUSSELS: Hungary takes over the European Union’s six-month rotating presidency on July 1, in the face of fears... Published 24 Jun, 2024 11:58am
Business & Finance Eurozone business activity growth slows sharply in June BRUSSELS: The growth of business activity in the eurozone slowed down in June after the manufacturing sector posted... Updated 24 Jun, 2024 08:38am
World Geopolitical tensions threaten eurozone stability: ECB FRANKFURT, (Germany): Geopolitical tensions and policy uncertainty in a year featuring many elections worldwide... Published 17 May, 2024 05:50am
Business & Finance Eurozone inflation falls faster than expected in March BRUSSELS: The eurozone’s annual rate of inflation dropped further than expected in March, official data showed... Published 08 Apr, 2024 04:46am
Markets Dollar steady as PCE data sets up June rate cut bets; yen in focus SINGAPORE: The dollar was broadly steady on Monday as data showing easing US prices bolstered bets that the Federal... Published 01 Apr, 2024 09:44am
Markets Euro zone govt bond yields tick up after Fed’s Waller remarks PARIS: Euro zone bond yields edged up on Thursday after Federal Reserve Governor Christopher Waller advocated a... Published 01 Apr, 2024 05:34am
Business & Finance Eurozone inflation dips further in February BRUSSELS: Eurozone inflation continued to ease in February, data showed Friday, but economists warned it was ... Published 04 Mar, 2024 04:15am
Markets Dollar waits on US inflation reading, bitcoin tops $60,000 SINGAPORE: The US dollar was firm and the yen was headed for a monthly loss in the lead up to US inflation data that... Published 29 Feb, 2024 09:50am
World Instant payments will soon be available across EU BRUSSELS, (Belgium): Bank customers will soon be able to transfer money across Europe within seconds after the EU... Published 27 Feb, 2024 03:06am
World EU cuts growth and inflation forecasts for 2024 BRUSSELS: The European Commission on Thursday cut both its growth and inflation forecasts for the eurozone in 2024,... Published 16 Feb, 2024 06:02am
Business & Finance Flatlining eurozone economy narrowly dodges recession BRUSSELS: The eurozone economy narrowly avoided a technical recession in the second half of 2023 but stagnated in ... Published 31 Jan, 2024 05:22am
Business & Finance Eurozone business activity downturn deepens in Dec BRUSSELS: Business activity in the eurozone slumped at a faster rate in December, weighed down by a deeper downturn... Published 18 Dec, 2023 06:42am
Business & Finance Euro zone recession fears harden as surveys show grim start to Q4 LONDON: The downturn in euro zone business activity accelerated last month as demand in the dominant services... Published 07 Nov, 2023 06:33am
Business & Finance Eurozone economy shrinks as inflation falls further BRUSSELS: The eurozone economy shrank slightly in the third quarter, hurt by the European Central Bank’s painful... Published 06 Nov, 2023 05:27am
Business & Finance German economy likely shrunk in Q3: Bundesbank FRANKFURT: Germany’s economy likely contracted in the third quarter, the Bundesbank said in a monthly report on... Published 30 Oct, 2023 05:24am
Business & Finance Eurozone banks tighten credit standards further: ECB FRANKFURT: Eurozone banks tightened lending criteria further in the third quarter as higher interest rates bite, a... Published 30 Oct, 2023 05:24am
Business & Finance Eurozone business activity going from ‘bad to worse’ BRUSSELS: Eurozone business activity slumped at a faster pace in October, resulting in job losses, a closely watched... Published 25 Oct, 2023 06:19am
Business & Finance Global business activity showed signs of slowdown in August LONDON: Global business activity largely slowed further last month as services firms struggled in the face of weak... Published 11 Sep, 2023 06:32am
Business & Finance Eurozone economic downturn steepens in July BRUSSELS: Eurozone economic activity shrank at its fastest rate in eight months in July, as a contraction gathered... Published 25 Jul, 2023 06:20am
Business & Finance ECB to tighten monitoring of banks’ liquidity BERLIN: The European Central Bank (ECB) announced Saturday it wants to monitor the liquidity of banks in the ... Published 23 Jul, 2023 03:25am
Markets Eurozone blue-chips slide on China weakness PARIS: Eurozone blue-chip stocks fell on Wednesday as tech shares were pressured ahead of US Federal Reserve’s... Published 06 Jul, 2023 05:42am
Business & Finance ‘No victory yet’, ECB says as inflation slows in key countries FRANKFURT: Falling inflation in top eurozone economies is “positive” news, a senior European Central Bank... Published 05 Jun, 2023 03:27am
Business & Finance Eurozone economic growth slows in May BRUSSELS: Economic growth in the eurozone edged down in May to a three-month low because of a drop in industrial... Published 29 May, 2023 04:27am
Spain’s local elections set to put PM on the back foot MADRID: Spain votes Sunday in local and regional polls which will be a barometer for a year-end general election... Published 28 May, 2023 10:59am
World IMF raises eurozone growth forecast, sees German recession WASHINGTON: The IMF on Tuesday slightly raised its forecast for economic growth in the eurozone this year but it... Published 11 Apr, 2023 06:32pm