Euro zone

Euro zone News

What a future euro zone budget might look like

Euro zone finance ministers and leaders will seek agreement in the next week on a series of reforms to make the currency area more resilient to future crises.

Germany rejects bailout proposal of Greece

Germany was quick to say the plan was not good enough.


Euro zone prices fall more than expected in December

Economists polled by Reuters had expected a -0.1 per cent year-on-year fall in prices.

QE or not QE? Spotlight on the ECB as inflation dips

The ECB is expected to leave key rates unchanged and wait for next year to decide whether to take the leap to government bond-buying.

Back from cold, Greece announces market return

Public anger about the economic pain in still running high in Greece, which has seen unemployment soar to nearly 28 per cent.

IMF still sees advantage for banks ‘too important to fail’

In its Global Financial Stability Report, the IMF said top banks benefited from investors’ belief that they would be rescued in a crisis.


German finance minister says no more risks of contagion in euro zone

Greek Prime Minister Antonis Samaras stressed his country did not need a further bailout.

Euro zone factory PMI points to broad-based recovery

Healthy growth in Germany,Europe’s biggest economy,pulled the troubled region out of its longest recession.

Weak currencies but no quick export fix for emerging markets

In those fallen currencies,policymakers are seeing the seeds of their salvation.

Germany,France haul euro zone out of 1½-year-long recession

The economies of Germany and France grew faster than expected in the second quarter,bettering a widely heralded expansion in the United States and pulling the euro zone out of a 1-1/2 year-long recession.