Eurozone growth not strong enough to create jobs: ECB

Last Updated: Friday, September 11, 2015, 22:30

Growth is picking up in the 19-country eurozone, but not enough to create jobs in the region, a member of the European Central Bank`s executive board said in an interview published Friday.

Eurozone growth revised up to 0.4% in second quarter

Last Updated: Tuesday, September 8, 2015, 17:11

The 19-nation eurozone grew by 0.4 percent in the second quarter, official data showed on Tuesday, revising upward a first estimate that triggered worry the crisis in Greece had destabilised growth in Europe.

British, Spanish PM urge `real` reform of eurozone

Last Updated: Friday, September 4, 2015, 16:06

The prime ministers of Britain and Spain called for a "real reform of the eurozone" that makes growth and free trade a priority, in a joint newspaper column published Friday ahead of their talks in Madrid.

Eurozone growth slows to 0.3% in Q2 from 0.4% in Q1

Last Updated: Friday, August 14, 2015, 15:49

The economy had expanded 0.4 percent in the three months to March.

Eurozone inflation slows to 0.2%, unemployment stable

Last Updated: Tuesday, June 30, 2015, 14:55

Inflation in the eurozone slowed to 0.2 percent in June, official data showed on Tuesday, with consumer prices rising just slightly in Europe despite unprecedented stimulus measures by the European Central Bank.

Asian markets mostly up after Wall St surge

Last Updated: Friday, May 15, 2015, 09:25

Asian markets mostly advanced Friday following a healthy rally on Wall Street, while Tokyo was supported by a weaker yen.

Greek crisis `cannot be ruled out`: IMF

Last Updated: Tuesday, April 14, 2015, 21:51

The International Monetary Fund`s chief economist warned Tuesday that Greece`s negotiations with official creditors could still fail and force it from the eurozone, hitting global financial markets.

IMF hikes eurozone growth forecasts, cautious on outlook

Last Updated: Tuesday, April 14, 2015, 21:49

The IMF hiked its eurozone growth forecasts Tuesday but warned the outlook was fragile, with the Ukraine crisis and uncertainty over Greece`s future in the single currency bloc adding to concerns.

Irish economy surges at fastest rate in Europe

Last Updated: Thursday, March 12, 2015, 22:27

Ireland`s economy grew at the fastest rate in the European Union last year, data showed Thursday as the eurozone nation added it would repay more IMF bailout loans early.

OECD: Euro zone growth gaining pace, others stable

Last Updated: Monday, March 9, 2015, 16:47

The euro zone is increasingly contributing to an improvement in global economic growth prospects, according to a forward-looking indicator the Organisation for Economic Co-operation and Development published on Monday.

ECB to launch 1 trillion euro bond buying scheme on March 9

Last Updated: Thursday, March 5, 2015, 20:49

The European Central Bank said it will start its new government bond-buying programme on March 9, hoping that pumping new cash into the sagging euro zone economy will boost growth and lift inflation.