ECB rate hikes result in 7.9b-euro loss in 2024
The European Central bank on Thursday reported a record loss in 2024 after it had aggressively hiked eurozone interest rates in response to soaring inflation...
Tags : eurozone
Leading eurozone lenders post record earnings
The eurozone鈥檚 top three lenders by market capitalisation 鈥� Italy鈥檚 Intesa Sanpaolo, Spain鈥檚 Santander and BNP Paribas in France 鈥� all posted record earnings in 2024, demonstrating the strength of the banking sector.
France, Germany stall eurozone growth in Q4
Eurozone growth slowed to a halt in the fourth quarter last year, dragged by contractions in major powers Germany and France which were held back by economic headwinds and political instability...
ECB warns of growing eurozone sovereign debt risks
The European Central Bank warned Wednesday that sovereign debt risks are growing in the eurozone at a time of heightened political uncertainty and muted economic performance...
EU sees eurozone growth ticking up in 2025, but risks loom
The European Commission on Friday predicted economic growth to pick up slightly and inflation to keep falling in the eurozone next year, while warning of growing risks linked to geopolitical tensions.
Eurozone economy grows faster than expected
The eurozone聽economy聽grew more than expected in the third quarter, official data showed Wednesday,聽thanks to Germany which defied expectations and dodged a recession...
Eurozone inflation falls to 3-yr low in Aug
Eurozone inflation fell to its lowest level in more than three years this month thanks to falling energy costs, official data showed on Friday, raising expectations of a European...
Eurozone economy grows more than expected in Q2
The eurozone economy grew faster than expected in the second quarter despite Germany鈥檚 poor performance, official data showed Tuesday, easing fears over the region鈥檚 recovery...
European stocks jump on French election hopes
Eurozone stock markets rallied Wednesday and the euro rose on hopes France could avoid a far-right majority in looming polls, while London also gained ground on the eve of its general election...
Eurozone business activity growth slows sharply in June
The growth of business activity in the eurozone slowed down in June after the manufacturing sector posted its biggest decline in six months, a key survey said...
Eurozone stocks hit after EU rebukes France
Eurozone stock markets slid Wednesday after the European Commission reprimanded France for breaching the EU鈥檚 budget rules, a further blow for the...
Eurozone business activity speeds up in May
Business activity in the eurozone accelerated in May, while prices charged by businesses 鈥榮oftened鈥� from the previous month, a key survey said Thursday...