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Eurozone business rally falters: PMI survey

Last Updated: Thursday, October 24, 2013, 18:48

Eurozone business activity slowed in October, coming off a 27-month high in September to highlight concerns the economy is recovering only slowly from recession, a survey showed on Thursday.

PMIs show eurozone growth sluggish, China picking up

Last Updated: Thursday, October 24, 2013, 17:43

The eurozone economy is only expanding slowly, according to surveys on Thursday that showed the rate of growth eased unexpectedly in the private sector this month, although globally, factories in China ratcheted up production.

Eurozone inflation falls to 3.5-year low in September

Last Updated: Monday, September 30, 2013, 16:08

Euro zone inflation fell faster than expected in September to its lowest since February 2010, signalling that the European Central Bank can maintain its loose monetary policy to help the bloc's recovery.

Eurozone current account surplus puts Germany in dock

Last Updated: Sunday, September 29, 2013, 20:08

A sharp rise in the eurozone's current account surplus puts the focus firmly on what Germany's new government can do to boost consumption and revive investment in Europe's largest economy.

Euro zone may exit from recession yet give little to cheer about

Last Updated: Wednesday, August 14, 2013, 09:06

The euro zone economy may learn later on Wednesday that it has moved out of its longest recession, needing seven quarters to dig up modest growth in the three months to June.

Eurozone economic sentiment hits 15-month high in July

Last Updated: Tuesday, July 30, 2013, 17:45

Economic morale in the eurozone reached a 15-month high in July as sentiment improved in the currency bloc's four largest economies, underpinning Europe's chances of a gradual exit from nearly three years of economic downturn.

Europe still sleeping even as Japan, Britain stir

Last Updated: Monday, July 22, 2013, 09:26

The single-currency area, which makes up about 20 percent of the global economy, has been shrinking since the fourth quarter of 2011.

Euro crisis not over: German finance minister

Last Updated: Saturday, February 2, 2013, 13:17

German Finance Minister Wolfgang Schaeuble on Friday warned of complacency about the improvements made in eurozone, saying that the crisis is not over.

Eurozone in recession as economy shrinks in third quarter

Last Updated: Friday, December 7, 2012, 10:50

The economy of the 17-nation eurozone shrank 0.1 percent in the July-September period.

Eurozone economy shrank in Q3

Last Updated: Friday, November 16, 2012, 18:59

At least seven of the 27 European Union countries were in recession in the third quarter, including euro zone members Spain, Italy, Portugal and Greece.

ECB slashes benchmark interest rate by 0.25% to 0.75%

Last Updated: Thursday, July 5, 2012, 17:27

The European Central Bank on Thursday decided to cut benchmark interest rate by a quarter point to 0.75 percent to help the continent’s fading economy and ailing banks.

ECB's Visco hints at lower rates if economy worsens

Last Updated: Saturday, December 24, 2011, 18:35

European Central Bank Governing Council Member Ignazio Visco said in a newspaper interview on Saturday that the bank will be attentive to the economic cycle when setting monetary policy, suggesting rates could fall more if the eurozone economy worsens.