Eurozone

The decline in the Eurozone area economies, notably Germany, that are in or near entering recession would, alongside high oil prices, suggest Euro weakness going forward.

Influenced by Russian propaganda, Bulgaria's pro-Kremlin parties are amplifying anti-euro disinformation. However, the country's ongoing rule of law problems render it unfit for immediate euro adoption.

European shares were flat on Monday, with the sustained gains in miners on bets of a demand recovery in China countering a fall in Telecom Italia that led the decliners in eurozone stocks.

Europe's economy will grow more than previously forecast this year as it avoids a winter recession, with inflation expected to ease as gas prices have fallen, the European Commission said Monday.

Euro zone shares extended gains on Thursday to touch their strongest level in almost a year, as investors shrugged off hawkish messages from the European Central Bank and pinned their hopes on the global rate hike cycle ending soon.

The eurozone's annual inflation rate has fallen for a third consecutive month, official data showed on Wednesday, but uncertainty over the figures and continued price growth cooled optimism.

Euro zone business activity made a surprise return to modest growth in January, adding to signs the downturn in the bloc may not be as deep as feared and that the currency union may escape recession, a survey showed.

Euro zone inflation tumbled last month but underlying price pressures are still rising and economic growth indicators are surprisingly benign, suggesting that the European Central Bank will keep raising interest rates for months to come.

Euro zone business activity shrank at the slowest pace in four months in December, suggesting a likely recession ahead will be shallower than previously thought, a survey showed on Friday, while prices rose at the most modest rate in about a year.

Unemployment in the eurozone has dropped to a record low, at 6.5 percent in October, the EU's Eurostat statistics office said Thursday.

Euro zone yields were higher on Friday after plunging the day before when U.S.

Euro zone inflation surged more than expected in October, data showed on Monday, fuelling expectations that the European Central Bank will press on with big interest rate hikes despite economic growth slowing.

Italian inflation surged to a new record high in October, data showed on Friday, underscoring the economic challenges facing new Prime Minister Giorgia Meloni and increasing the risk of a further rise in the euro zone as a whole.

Banks in the euro zone would be required to provide 'instant payments' in the single currency 24/7 under draft European Union rules seen by Reuters.

Germany, the EU's top economy and Europe's export powerhouse, looks headed for imminent recession, according to a closely watched survey Monday that pointed to a deepening eurozone contraction.

Euro zone borrowing costs fell on Thursday as investors paused for breath ahead of key U.S. economic data after driving government bond yields to fresh multi-year highs.

The pile of negative-yielding euro zone government bonds is close to disappearing, Tradeweb showed on Monday, the latest sign that bond yields are firmly on an upward trajectory as major central banks ramp up rate hikes to contain inflation.

The eurozone inflation rate hit a new record in August, official data showed on Wednesday.

Euro zone stocks slipped in volatile trading on Thursday as investors assessed the impact of an aggressive 50 basis point interest-rate hike by the European Central Bank amid growing worries about a recession and a political turmoil in Italy.

Eurozone inflation hits record, as gas crunch looms

Inflation 'shock' punishes Eurozone economy in June: survey

The European Central Bank's 'whatever it takes' commitment to bind the euro zone is wearing thin as it tries to 'normalise' monetary policy and give inflation hawks more say in how it goes about it.

The eurozone crisis was caused in the early 2010s when investor fears about the solvency of Greece, Spain, Portugal and Ireland drove their bond yields to levels where they needed ECB support.

Inflation for non-energy industrial goods rose 2.3 percent in January, lower than the 2.9 percent seen in December.

Italians had last voted March 4, but the result was a Parliament with no party or group winning a clear-cut majority.

Data from the EU statistics office shows that the economy of the 28-member EU grew by 2.5% in 2017, its best performance since it grew 2.7% in 2007.

The 19-country eurozone economy closed out last year growing stronger than at any time in nearly seven years.

The past 12 months have been largely positive for the stock markets, but the macroeconomic scenario appears increasingly uncertain as we enter 2018.

'Bumping along the bottom' is what the British currency did in 2017 and the same expression might apply to 2018 too.

The European Union has already upgraded its growth forecast for the eurozone this year to 2.2%