OECD sees growth firming on improving eurozone outlook

Last Updated: Monday, January 13, 2014, 17:33

The outlook for advanced economies is improving as momentum shifts up a gear in the crisis-weary eurozone, the OECD`s monthly leading indicator showed on Monday.

Eurozone inflation slips back again in December

Last Updated: Tuesday, January 7, 2014, 16:44

Eurozone inflation slipped to 0.8 percent in December from 0.9 percent in November, official figures showed on Tuesday.

Eurozone - reasons to be wary in 2014

Last Updated: Monday, January 6, 2014, 12:00

Last year was the least tumultuous for the euro zone since Greece revealed a vast hole in its books back in 2009.

In banking reform, Europe zig-zags but still moves forward

Last Updated: Monday, December 23, 2013, 14:30

Banking union is the biggest leap forward in EU integration since the launch of the euro single currency.

IMF releases 83.5 mn euro loan payment for Cyprus

Last Updated: Saturday, December 21, 2013, 02:00

The International Monetary Fund on Friday released the next installment of its bailout of Cyprus, 83.5 million euros (USD 114 million), a desperately needed support for the struggling eurozone economy.

EU needs new dream to revive fortunes: Lamy

Last Updated: Monday, November 25, 2013, 15:22

If European policy elites could choose the next head of the EU's executive, Pascal Lamy, the Frenchman who stepped down as head of the World Trade Organisation in July, would be near the top of most people's list.

Eurozone business slowdown puts fragile recovery at risk

Last Updated: Thursday, November 21, 2013, 17:01

Eurozone business activity slowed again in November, stoking concerns that growth is at risk as the bloc struggles out of a record recession, a key survey showed on Thursday.

Eurozone growth slows in Q3 as France contracts

Last Updated: Thursday, November 14, 2013, 21:33

A tepid recovery in the 17-nation eurozone slowed in the third quarter, with powerhouse Germany coming off the pace and France hit by a surprise contraction, official data showed on Thursday.

Eurozone economy projected to grow 1.1% in 2014

Last Updated: Wednesday, November 6, 2013, 10:49

The Eurozone economy is projected to end 2013 with a contraction of 0.40 percent in the GDP.

EU trims 2014 eurozone growth prospects

Last Updated: Tuesday, November 5, 2013, 21:39

The European Commission said growth across the 17-member single currency area would amount to 1.1 percent next year, down from the 1.2 percent it forecast in May.

World Economic News Summary

Last Updated: Wednesday, October 30, 2013, 18:55

The top world economic stories on Wednesday:

Eurozone economic confidence picks up: Official data

Last Updated: Wednesday, October 30, 2013, 18:08

Economic and business confidence in the 17-nation eurozone picked up further in October but the pace of improvement has slowed, official EU data showed on Wednesday.