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Mar 13, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

eurozone economy

Euro zone business growth hits three-year high but ECB cautious
World

Euro zone business growth hits three-year high but ECB cautious

  • As the economy rebounds and confidence improves, some policymakers are making the case for the ECB to start giving up its emergency measures and revert to more traditional forms of stimulus.
  • "We are committed to preserving favourable financing conditions. It's far too early and it's actually unnecessary to debate longer-term issues," Lagarde said on Friday.
Published 21 May, 2021 08:31pm
Eurozone bond yields rise after strong US CPI data
Markets

Eurozone bond yields rise after strong US CPI data

  • US consumer prices increased in April as booming demand amid a reopening economy pushed against supply constraints, which could fuel financial market fears of a lengthy period of higher inflation.
  • The consumer price index jumped 0.8%; excluding the volatile food and energy components, the CPI soared 0.9%.
Published 12 May, 2021 07:47pm
Euro zone to rebound more strongly, borrowing curbs to stay on hold
World

Euro zone to rebound more strongly, borrowing curbs to stay on hold

  • The aggregate growth of the 19 countries sharing the euro currency is likely to be 4.3% this year and 4.4% in 2022, the European Union's executive arm said, revising upwards its forecast from February of 3.8% growth in both years.
  • The forecast brings the Commission closer to the International Monetary Fund, which last month said it expected 4.4% growth in the euro zone this year.
Published 12 May, 2021 05:13pm