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. Eurozone finance ministers have failed to agree a debt relief plan for Greece, raising the prospect of a summer crisis for the single currency bloc if Athens misses a loan repayment. ... [Read full article on Guardian ]
Tuesday 23rd of May 2017 07:05:04 AM
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Latest Finance News related to Eurozone

No bailout funds for Greece as eurozone finance chiefs fail to agree deal image
. Eurozone finance ministers have failed to agree a debt relief plan for Greece, raising the prospect of a summer crisis for the single currency bloc if Athens misses a loan repayment. ...
Greece adopts more austerity measures in bailout bid image
Source : BBC [Read Article] Thursday 18th of May 2017 10:22:53 PM
....As MPs voted, anti-austerity protesters clashed with police in central Athens. Eurozone finance ministers meet on Monday to decide if Greece has done enough to receive a €7. ...
Is it better to borrow money for a foreign property from home or overseas? image
Source : Daily Express [Read Article] Friday 12th of May 2017 12:00:00 AM
....However, borrowing overseas can offer financial benefits, as you may be able to benefit from lower interest rates overseas, although you will likely need to offer a larger deposit than you would back in the UK. For instance, Eurozone interest rates are much lower on average than those in the UK, which means it could cost you less over the duration of the mortgage. ...
Exchange rate fluctuation is MORE of a threat to expat’s pensions than losing triple lock image
....It means that your pension will always grow faster than UK consumer prices or earnings, so your expenses will stay the same or lessen as prices rise, rather than growing. This obviously affects expats in the Eurozone differently, because as well as the relationship between pensions and price growth, they also have to consider the GBP EUR exchange rate. ...
Greece agrees basic terms to unlock delayed bailout image
Source : BBC [Read Article] Friday 7th of April 2017 03:14:32 PM
. Eurozone finance ministers say they have agreed with Greece the main elements of a deal to unlock a delayed bailout payment. ...
Eurozone unemployment rate drops to near eight-year low image
Source : BBC [Read Article] Monday 3rd of April 2017 09:51:42 AM
....However, Chris Williamson, chief business economist at IHS Markit, said high demand was bringing problems. "Eurozone manufacturing is clearly enjoying a sweet spell as we move into spring, but it is also suffering growing pains in the form of supply delays and rising costs," he said. ...
Eurozone growth nears six-year high, survey data suggests image
Source : BBC [Read Article] Friday 24th of March 2017 11:16:57 AM
. Eurozone businesses grew at the fastest rate in nearly six years in March, led higher by France and Germany, a closely-watched survey has indicated. ...
Eurozone inflation above European Central Bank's target image
Source : BBC [Read Article] Thursday 2nd of March 2017 11:32:34 AM
. Eurozone inflation has risen above the European Central Bank's (ECB) target rate for the first time in four years. ...
Greece standoff over €86bn bailout eases after Brussels deal image
Source : Guardian [Read Article] Monday 20th of February 2017 07:44:42 PM
....The latest eurozone meeting had been seen as the last chance to sort out Greek reforms before Europe enters a critical electoral cycle, starting with Dutch elections on 15 March. Eurozone leaders are now playing down talk of any imminent need for an agreement. ...
European commission upgrades growth forecast for UK economy image
Source : Guardian [Read Article] Monday 13th of February 2017 06:07:26 PM
....The commission’s outlook for the jobs market was also mildly positive. Eurozone unemployment was expected to drop from 10. ...
Eurozone inflation surges to 1.1% in December image
Source : BBC [Read Article] Wednesday 4th of January 2017 10:25:03 AM
. Eurozone inflation has surged to its highest rate in more than three years, driven by increased prices for energy, food, alcohol and tobacco. ...
ECB to discuss future of bond buying scheme in December image
Source : BBC [Read Article] Thursday 20th of October 2016 02:09:04 PM
....Markets have been searching for clues on whether the ECB will extend the QE programme beyond March next year. Eurozone inflation is rising, up to 0. ...
Eurozone inflation remains weak in August image
Source : BBC [Read Article] Wednesday 31st of August 2016 10:12:57 AM
. Eurozone inflation remained weak in August, raising the prospect of further action from the European Central Bank to stimulate the bloc's economy. ...
Italian economy stagnates as German growth slows image
Source : BBC [Read Article] Friday 12th of August 2016 07:48:12 AM
....1% to 1%. The new data means that growth in the Eurozone's three biggest economies - Germany, France and Italy - has either slowed or completely stalled between the first and second quarters. ...
Eurozone GDP growth halves as French economy stalls image
Source : BBC [Read Article] Friday 29th of July 2016 10:26:19 AM
. Eurozone economic growth halved in the second quarter, but the 19-nation single currency area moved away from deflation. ...
IMF 'overly optimistic' about success of EU bailouts image
Source : BBC [Read Article] Thursday 28th of July 2016 03:02:54 PM
. The International Monetary Fund was "overly optimistic" about economic growth in Eurozone countries that received bailouts. ...

Eurozone optimism 'resilient' despite Brexit vote
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Source : Telegraph [Read Article] Thursday 28th of July 2016 10:58:25 AM
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Munich shooting: link to Anders Breivik is reminder of rising tide of far Right anger
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....She has little chance of winning but she is succeeding in attracting disillusioned voters who previously backed Left-wing parties as support for the unpopular Socialist president, François Hollande sinks ever lower. The far-Right drumbeat has been amplified by the Eurozone crisis — held in abeyance for now but far from over — and the resulting imposition of austerity policies on weaker EU countries. ...

Eurozone investors nurse Brexit hangover as confidence tumbles
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Source : Telegraph [Read Article] Monday 4th of July 2016 09:25:43 AM
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Brexit may blind us to BHS’s bankers image
Source : Guardian [Read Article] Sunday 26th of June 2016 06:00:06 AM
....The balance of payments figures for the first quarter may well make sober reading on Thursday, but the final calculation of GDP for the same period will read like ancient history. Eurozone inflation and unemployment numbers will also need to be assessed in the context of Brexit and its impact on the struggling single currency bloc. ...
HSBC 'to move jobs to Paris if UK leaves single market' image
Source : BBC [Read Article] Saturday 25th of June 2016 08:35:11 PM
....Chris Cummings, chief executive of financial lobby group TheCityUK, said it was focused on securing continued access to the single market and warned of the risk of "prolonged uncertainty" while a new relationship with the EU was negotiated. Eurozone leaders have warned that without unrestricted access to the EU, London's big finance firms could move operations outside the UK. ...
Eurozone beats growth expectations image
Source : Guardian [Read Article] Tuesday 7th of June 2016 11:23:42 AM
....He said: “It is probable that eurozone GDP growth will soften in the second quarter. Global economic uncertainties and problems are still a handicap for Eurozone growth not only through limiting exports but also through limiting the upside on business and consumer confidence. ...
EU officials hail deal to release billions in bailout loans for Greece image
Source : Guardian [Read Article] Wednesday 25th of May 2016 06:05:32 PM
....However, in Athens unions threatened further strikes in protest aagainst the contentious pension and tax reforms which paved the way for the agreement to be reached. Related: Eurozone unlocks €10. ...
Eurozone unlocks €10.3bn bailout loan for Greece image
Source : Guardian [Read Article] Tuesday 24th of May 2016 06:27:07 PM
....The eurozone and the IMF have also been sparring over the robustness of fiscal forecasts drawn up in Brussels. Eurozone officials think Greece’s austerity plans could generate a regular budget surplus of 3. ...
Eurozone ministers to examine how to ease Greece's debt burden image
Source : Guardian [Read Article] Monday 9th of May 2016 07:13:14 PM
. Eurozone finance ministers have promised to examine how to ease Greece’s colossal debt burden, with writing off bad loans remaining off the table. ...
Greece's latest financial emergency is both tragic and absurd image
Source : Guardian [Read Article] Monday 9th of May 2016 03:48:51 PM
.... There are violent protests in Athens. Eurozone finance ministers are gathering in Brussels in an “emergency” conclave to decide what to do next. ...
Greek finance minister hails
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Eurozone factory growth weakens despite heavy discounting image
Source : Guardian [Read Article] Monday 2nd of May 2016 09:08:45 AM
. Eurozone factories performed slightly better in April, with output not losing as much momentum as initially forecast although growth in activity stayed weak despite deep discounting, a survey shows. ...
Eurozone CRASH fears as markets dive into the RED image
Source : Daily Express [Read Article] Friday 29th of April 2016 10:55:00 AM
...."Drilling down into the detail it’s not hard to see where most of that decline came from, with sharp declines in energy prices contributing to all of the decline. "Given the surprise jump in the Eurozone Q1 GDP numbers it would seem that energy prices and not negative interest rates are acting as a fiscal stimulus and helping to support the recovery in the European GDP numbers. ...
Eurozone finance ministers hopeful on Greek deal - business live image
Source : Guardian [Read Article] Friday 22nd of April 2016 07:35:38 AM
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IMF says Britain leaving the EU is a significant risk image
Source : Guardian [Read Article] Tuesday 12th of April 2016 01:00:10 PM
.... Vote Leave said there was no substantive evidence that the referendum had created uncertainty, pointing out that David Cameron had himself insisted the vote itself would not unsettle the economy. They also argued that IMF forecasts showed UK growth to be robust, and better than the rest of the Eurozone this year. ...
Eurozone industrial output jumps 2.1% image
Source : BBC [Read Article] Monday 14th of March 2016 12:00:24 PM
. Eurozone industrial production grew at its highest rate in more than six years during January, driven by a sharp increase in output from Ireland. ...
EURO ON THE BRINK: Last-ditch bid to save banks as interests rates slashed to ZERO image
.... Long-term, this should continue to support growth which has been sluggish, in part due to the slowdown across previous fast growing emerging market economies. "The ECB will be happy to see the Euro weaken as it helps lift inflation, and makes Eurozone goods more competitive in the rest of the world. ...
Greece bailout: eurozone inspectors to review reforms image
Source : Guardian [Read Article] Monday 7th of March 2016 07:08:12 PM
. Eurozone inspectors of Greece’s bailout have been cleared to return to Athens to complete a much-delayed review of the government’s adherence to its economic reform commitments. ...
Final nail in the coffin: Greece faces financial meltdown AGAIN amid threat of end of Euro image
.... The country's banks were forced to close to stop a cash run that could have collapsed its economy. Eurozone finance ministers are today meeting in Brussels, with Greece's debt expected to be the main topic on the agenda. ...
Manufacturing gloom: UK factory growth falls to 34-month low - as it happened image
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Markets in TURMOIL: European stocks plunge amid fears of an EU without Britain image
Source : Daily Express [Read Article] Wednesday 24th of February 2016 11:51:00 AM
....Employment in Britain is also at a record high with unemployment continuing to fall below pre-crisis levels. In comparison, unemployment is ravaging the Eurozone in 2016, while a number of countries including Italy, Greece and Portugal show more signs of bucking under the weight of their ginormous debts. ...

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