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German unemployment hits 24-year low

Last Updated: Thursday, April 30, 2015, 13:59

In raw or unadjusted terms, the jobless total decreased by 88,660 to 2.843 million and the jobless rate fell to 6.5 percent in April from 6.8 percent in March, the labour office said.

Eurozone deflation eases, unemployment drops

Last Updated: Tuesday, March 31, 2015, 20:46

Deflation in the eurozone eased in March, official data showed Tuesday, reducing concerns that the European economy faces a dangerous spiral after four straight months of falling consumer prices.

Eurozone industrial production rises 0.1% in October

Last Updated: Friday, December 12, 2014, 16:52

Industrial output in the eurozone rose a very slight 0.1 percent in October, official data showed on Friday, in another sign that the European economy remains stalled.

Latvia becomes 18th member of eurozone

Last Updated: Wednesday, January 1, 2014, 19:43

The Baltic nation of Latvia Wednesday became the 18th member of the eurozone after three years of economic struggle.

`EU sanctions on Iran to harm European economy`

Last Updated: Wednesday, October 17, 2012, 23:45

The EU slapped fresh sanctions against Iran Monday, including banning import of natural gas from Iran "over lack of progress in nuclear talks".

Putin 'confident' of Euro's survival

Last Updated: Wednesday, September 26, 2012, 08:46

Despite the current financial difficulties in the eurozone, Russian President Vladimir Putin believes the euro will survive.

Deterioration in European economy to hit India: IMF official

Last Updated: Friday, February 3, 2012, 12:17

Having already seen its effects on private investment, any further deterioration in the economic situation of Europe has the potential to hit the Indian economy, including a drop in exports, an International Monetary Fund (IMF) official has said.

Global stocks start fourth quarter lower as Greece

Last Updated: Monday, October 3, 2011, 18:05

World stocks kicked off the last quarter of 2011 lower on Monday while the yen and core government bonds rose as concerns grew over the impact a Greek default would have on Europe's banks after Athens admitted it will miss deficit targets.

US stocks falter on uncertainty about Europe debt

Last Updated: Tuesday, September 20, 2011, 20:28

Stocks bounced between small gains and losses Tuesday morning as investors weighed Europe's precarious debt situation, a sobering growth outlook and the start of a key Federal Reserve meeting.

Champions League final to boost economies: Study

Last Updated: Saturday, May 28, 2011, 09:41

The Champions League final between Manchester United and Barcelona on Saturday will generate 369 million euros (USD 525 million) across Europe`s economy, MasterCard said on the eve of the football showdown.