Keywords: Euro
The eurozone's services sector remained in contraction in June, but the pace of decline slowed significantly as inflationary pressures eased at a record rate, helping stabilize business activity across the currency bloc. According to the latest S&P Global Purchasing Managers' Index (PMI)......
Italy's unemployment rate declined to a historic low of 5.0% in May, even as the country recorded a net loss of 22,000 jobs during the month, according to data released on Thursday by the national statistics agency ISTAT. The figures highlight a mixed picture for Italy's labour market, where......
The European Central Bank (ECB) has reaffirmed its commitment to maintaining current bank capital requirements, rejecting growing calls from the banking industry for regulatory easing. The institution argues that robust capital buffers remain essential to safeguarding financial stability and have not......
German authorities have carried out coordinated searches across the country, including at the headquarters of the German Football Association (DFB), as part of an investigation into suspected irregularities involving the allocation of tickets for the UEFA Euro 2024 tournament, according to a report by......
The euro extended its losses against the US dollar in European trading on Monday, as financial markets reacted to shifting expectations over monetary policy decisions in both the United States and the eurozone. The US dollar continued to strengthen, supported by investor demand and growing speculation......
The euro has failed to significantly increase its share in global financial markets despite expectations that inconsistent economic policies in the United States could strengthen its position, according to a new report from the European Central Bank (ECB). The ECB found that the euro’s global......
The European Central Bank reported that the euro zone’s current account surplus narrowed significantly in March due to a sharp decline in the region’s trade surplus, reflecting ongoing economic pressures across Europe. According to the latest data, the seasonally adjusted current account......
Ambassadors of the European Union are expected to approve a €90 billion loan package for Ukraine, removing a key financial obstacle as Kyiv continues to resist the Russia invasion. The vote is scheduled at the Committee of Permanent Representatives in Brussels and follows a shift in Hungary’s......
European Central Bank (ECB) policymaker Yannis Stournaras stated on Monday that the euro zone’s monetary policy will largely depend on the magnitude and duration of energy supply disruptions caused by the conflict in Iran. Speaking at the annual shareholders meeting of the Bank of Greece in Athens,......
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