Eurozone inflation falls but uncertainty remains BRUSSELS: The eurozone’s annual inflation rate has fallen for a third consecutive month, official data showed on... Published 01 Feb, 2023 05:21pm
Markets European shares end lower but log January gain PARIS: Europe’s STOXX 600 fell on Tuesday as investors geared up for a fresh round of interest rate hikes from top... Published 01 Feb, 2023 07:26am
World Hopes grow that eurozone will dodge recession BRUSSELS: Europe’s economy grew in January for the first time since June, a closely watched survey showed Tuesday,... Published 24 Jan, 2023 05:54pm
World Croatia adopts euro, enters borderless Europe club ZAGREB: Croatia on Sunday switched to the euro and entered Europe’s passport-free zone — two major milestones ... Published 02 Jan, 2023 07:31am
Business & Finance Euro zone yields hover near lowest levels in months ahead of ECB meeting LONDON: Euro zone government bond yields held steady near their lowest levels in months on Thursday as investors... Published 09 Dec, 2022 05:58am
Markets European equities waver on economic gloom LONDON: European stock markets wavered on Wednesday on news that the eurozone and UK economies shrank in November,... Published 24 Nov, 2022 04:28am
Opinion EU to propose more flexible spending rules The European Commission will propose reforms to EU fiscal rules on Wednesday, hoping to strike a new balance between... Updated 08 Nov, 2022 06:19am
Markets Eurozone consumers fear stagflation in new ECB survey FRANKFURT: Consumers in the eurozone expect inflation to stay high and the economic growth to go into reverse over... Published 04 Aug, 2022 02:27pm
Markets Italian, German shares slide as EU agrees on gas rationing LONDON: European shares fell on Tuesday, with those of Germany and Italy leading declines across major euro zone... Published 27 Jul, 2022 05:23am
Markets Most Gulf bourses extend losses on recession worries DUBAI: Most stock markets in the Gulf ended lower on Monday, extending losses as investors remained worried about a... Published 05 Jul, 2022 05:19am
Business & Finance Euro zone government bond yields fall, focus on ECB LONDON: Euro zone government bond yields fell on Friday as investors shrugged off US inflation data and kept their... Published 30 May, 2022 05:53am
Markets Euro zone government bond yields mixed ahead of US price data Germany’s long-dated borrowing costs edged lower on Friday, with investors seeing the 10-year Bund yield at around... Published 27 May, 2022 01:43pm
Markets One in 10 eurozone households own cryptoassets, says ECB FRANKFURT: Nearly one in 10 European households has invested in cryptoassets, an ECB study published Tuesday said,... Published 24 May, 2022 05:15pm
World Eurozone unemployment hits new historic low in March BRUSSELS: The unemployment rate in the eurozone reached its lowest level ever recorded in March, the EU’s official... Published 03 May, 2022 05:31pm
Markets Euro zone financial system coping well with Ukraine war: ECB FRANKFURT: The euro zone's financial system is coping well with the war in Ukraine and the associated Western... Published 06 Apr, 2022 01:28pm
Business & Finance Euro zone economy got March boost from reopening but prices soared LONDON: Euro zone business growth got a boost last month from the re-opening of economies following the Omicron... Published 05 Apr, 2022 01:20pm
Business & Finance Euro zone business growth accelerated in Feb as Omicron faded LONDON: Business activity across the euro zone accelerated sharply last month as demand soared, particularly in the... Published 03 Mar, 2022 02:21pm
Business & Finance Dollar gains on euro as Ukraine crises clouds euro zone outlook NEW YORK: The dollar edged higher against the euro on Wednesday, as investors worried about the impact of an... Published 02 Mar, 2022 08:58pm
Business & Finance Euro zone inflation soars to new high, intensifying ECB dilemma FRANKFURT: Euro zone inflation soared to another record high last month, intensifying a policy dilemma for the... Published 02 Mar, 2022 03:26pm
Business & Finance ECB must not act ‘too late’ on inflation: policymaker FRANKFURT: The European Central Bank should start thinking about gradually withdrawing its economic stimulus... Published 17 Feb, 2022 06:37am
Markets Euro zone yields fall after ECB remarks about gradual tightening Euro zone yields fell on Tuesday, with Italian bond prices outperforming their peers, after European Central Bank... Published 08 Feb, 2022 03:58pm
Business & Finance Eurozone inflation rises to new record high BRUSSELS: Inflation in the eurozone soared to a new record high in January, official data showed Wednesday, adding... Published 02 Feb, 2022 05:27pm
Business & Finance Eurozone unemployment hits historic low BRUSSELS: The eurozone’s unemployment rate fell to a historic low in December, official figures showed Tuesday, as... Published 02 Feb, 2022 04:45am
World Italian parties to elect outgoing president, leaving Draghi as PM ROME: Italy’s parties were set Saturday to vote for outgoing President Sergio Mattarella to stay on for another... Published 30 Jan, 2022 04:04am
Print Euro zone recovery stumbled in Jan LONDON: The euro zone economic recovery weakened this month, despite an upturn in Germany where factories benefited... Published 25 Jan, 2022 05:03am
Markets Euro zone yields fall amid demand for safe-haven assets ROME: Euro zone government bond yields fell on Friday amid mixed signals from the European Central Bank and ... Published 24 Jan, 2022 06:50am
Opinion Inflation — a world phenomenon Consumers around the globe are experiencing higher prices for commodities and services. The reasons for this may ... Published 15 Jan, 2022 05:50am
World Eurozone unemployment shrinks despite Covid outbreaks BRUSSELS: The unemployment rate in the eurozone dropped again in November, official figures showed on Monday, as... Published 10 Jan, 2022 05:29pm
Markets Stocks mostly fall after US hiring disappoints NEW YORK: Stocks mostly fell Friday on both sides of the Atlantic after data showed that the US economy added far... Published 10 Jan, 2022 07:02am