Saturday, November 23, 2013
German exports expanded by just 0.1 percent in the third quarter, while imports grew faster acting as a drag on overall growth, official data showed on Friday.
Friday, November 22, 2013
The European Central Bank is considering making banks pay to deposit cash with it overnight, news agency Bloomberg said on Wednesday, citing unnamed sources.
Eurozone finance ministers are “losing patience” with Greece, Eurogroup president Jeroen Dijsselbloem told a Greek daily as the crisis-hit country prepared to unveil its next budget on Thursday.
Wednesday, November 20, 2013
Investment sentiment in Germany rose in November to its highest level in four years, suggesting that the eurozone's economic recovery is on track, a new survey found on Tuesday.
Tuesday, November 19, 2013
The eurozone posted another big 12-month increase in its trade surplus on Monday, the latest monthly data from the EU's Eurostat agency showed.
Too few European banks have been wound down over the past few years, the chairman of the European Banking Authority (EBA), Andrea Enria, was quoted as saying in an interview published on Monday.
The economic situation in the eurozone has started to improve but is still weaker than the European Central Bank had hoped, ECB Governing Council member Ewald Nowotny said on Monday.
Monday, November 18, 2013
Fears of a deflationary spiral pushed the European Central Bank to cut its interest rate to a record low early this month, but falling prices are also affecting countries outside the eurozone.
Penniless and without major domestic industry to call its own, Berlin is nevertheless bursting with energy and setting its sights on start-ups to generate the jobs it so painfully needs.
Czech gold deposits are whetting the appetites of foreign prospectors hoping to see the new government lift a mining moratorium in the aftermath of snap elections.