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.

European stocks rally on eurozone data, Shanghai gains

Last Updated: Tuesday, September 8, 2015, 17:40

Europe`s main stock markets rallied Tuesday on upwardly revised eurozone economic growth data and gains in Shanghai, dealers said.

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.

ECB could ramp up bond purchase programme if necessary: Draghi

Last Updated: Thursday, September 3, 2015, 21:09

The European Central Bank could ramp up its contested bond purchase programme, extending it beyond September 2016 if needed, ECB president Mario Draghi said on Thursday.

ECB seen cutting inflation outlook, hinting at more policy action

Last Updated: Thursday, September 3, 2015, 17:38

The European Central Bank is set to cut its inflation forecasts on Thursday but hold back from concrete policy action, promising only to beef up its bond-buying programme if growth and inflation prospects weaken further.

ECB holds rate steady as focus on inflation, China

Last Updated: Thursday, September 3, 2015, 17:35

The European Central Bank held its key interest rates steady on Thursday, a spokesman said, amid investor concern over the economic fallout from the slowdown in China.

Greece raises 1.4 bn euros in six-month treasury bill sale

Last Updated: Wednesday, September 2, 2015, 18:49

Greece raised Wednesday 1.137 billion euros ($1.280 billion) in an auction of six-month treasury bills at the same 2.97 percent interest rate it last sold them at last month, the Greek Public Debt Management Agency said.

China manufacturing contracts, eurozone and US slows

Last Updated: Tuesday, September 1, 2015, 23:03

China`s giant manufacturing industry contracted and eurozone and US growth eased in August in data published on Tuesday, while the International Monetary Fund cut its forecast for world growth this year.

China, eurozone weaken despite world awash with cash

Last Updated: Tuesday, September 1, 2015, 18:55

China`s giant manufacturing industry contracted while British and eurozone growth eased in August, rattling markets and reinforcing expectations interest rates may fall again or stay near zero for longer.

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

Eurozone unemployment lowest for three years

Last Updated: Tuesday, September 1, 2015, 15:17

Joblessness in the 19-nation currency bloc fell from 11.1 percent in June, the EU statistics agency Eurostat said, but with youth unemployment at a still high 21.9 percent.