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Eurozone unemployment lowest for three years

Last Updated: Tuesday, September 1, 2015, 18:48

Unemployment in the eurozone fell to its lowest level for three and a half years in July, raising hopes that economic recovery in the single currency area is taking hold, official data showed on Tuesday

Grexit would pose major security challenge: Experts

Last Updated: Wednesday, July 8, 2015, 22:33

As a key security partner for the West and the prime route for migrants arriving in Europe, Greece poses a threat to more than the financial stability of the continent if its crisis deepens.

Greece exit may destabilise eurozone economy: French PM

Last Updated: Tuesday, July 7, 2015, 18:15

French Prime Minister Manuel Valls on Tuesday warned that an eventual Grexit from the eurozone would put the economic recovery of the European bloc on edge and likely trigger political instability in the region.

Greece says 'no' to bailout offer

Last Updated: Monday, July 6, 2015, 08:27

Results showed about 61 per cent voted "no," compared with 39 per cent for "yes," with 100 per cent of the vote counted.

German economy reaches cruising altitude as business stay high

Last Updated: Friday, May 22, 2015, 18:59

The German economy, Europe's biggest, appears to have reached cruising altitude as business confidence maintained its current high level in May, the Ifo economic institute said Friday.

Euro ticks up despite Greek debt worries

Last Updated: Wednesday, May 13, 2015, 10:53

There was relief at the start of the week when it emerged Athens had managed to pay 750 million euros due to the IMF.

Eurozone exits deflation but dangers still loom

Last Updated: Thursday, April 30, 2015, 15:39

The eurozone exited four months of deflation in April, official data showed on Thursday, reversing a dangerous bout of declining prices, but problems remain and the recovery is weak.

Eurozone business activity slows in April: Markit

Last Updated: Thursday, April 23, 2015, 14:09

Eurozone business activity slowed in April after hitting an 11-month high in March, hitting hopes that a massive European Central Bank stimulus programme would give the economy a quick boost, a key survey showed Thursday.

Eurozone growth, inflation outlook brighter: ECB survey

Last Updated: Thursday, April 16, 2015, 16:14

Turning to the growth outlook for the 19 countries that share the euro, the survey saw an upward revision in experts` growth forecasts.

ECB meets bond buying target

Last Updated: Tuesday, April 7, 2015, 23:53

The ECB launched its bond buying programme on March 9, joining the central banks of Britain, Japan and the United States in using so-called quantitative easing (QE) to boost their economies.

Euro sinks below $1.07, lowest in nearly 12 years

Last Updated: Wednesday, March 11, 2015, 03:37

The euro kept falling on course toward dollar parity Tuesday, hitting its lowest level against the greenback in nearly 12 years.

France reforms on `right track`: Angela Merkel

Last Updated: Wednesday, March 4, 2015, 21:20

Brussels German Chancellor Angela Merkel said Wednesday that French economic reforms put the country on the "right track" after Paris won a two-year delay from the EU to get its budget deficit back within Brussels limits.