ECB pledges to keep rates low until inflation hits 2% The European Central Bank said today that interest rates would stay at their current record low levels until it sees inflation "durably" reaching the bank's … Business • 22 Jul 21
Euro zone industrial output drops more than expected Euro zone industrial production fell in May by more than expected, driven down mostly by a drop in the output of non-durable consumer goods such … Business • 14 Jul 21
ECB sets new inflation target after 18 month review The European Central Bank has set a new inflation target and claimed a role in fighting climate change after a strategy review that marks the … Business • 09 Jul 21
EU revises estimates for euro zone growth upwards The European Commission has today revised upward its estimates for euro zone growth this year and next, but warned against risks posed by new variants … Business • 07 Jul 21
May euro zone retail sales rebound more than expected Euro zone monthly retail sales rose more than expected in May after a drop in April, driven mostly by purchases of non-food products and car … Business • 06 Jul 21
Euro zone business activity soars as lockdowns lift Euro zone businesses expanded activity at the fastest rate in 15 years in June as the easing of more coronavirus restrictions brought life back to … Business • 05 Jul 21
Euro zone unemployment dips in May The level of unemployment in the euro zone dipped lower in May, official data showed today, with the European job market spared the worst effects … Business • 01 Jul 21
Euro zone factory growth at record pace in June - PMI Euro zone manufacturing activity expanded at its fastest pace on record in June, according to a survey today which also showed factories faced the steepest … Business • 01 Jul 21
Euro zone inflation eases before expected march higher Euro zone inflation eased this month, levelling off for the summer months before an expected move well above the European Central Bank's target towards the … Business • 30 Jun 21
Euro zone sentiment hits a 21-year-high Euro zone economic sentiment surged in June to a 21-year-high as an accelerated pace of Covid-19 vaccinations led to further reopening and an improved mood … Business • 29 Jun 21
Euro zone business growth hits 15-year high Euro zone business growth accelerated at its fastest pace in 15 years this month as the easing of more lockdown measures and the unleashing of … Business • 23 Jun 21
ECB lifts euro zone growth and inflation projections The European Central Bank said today it would continue to run its emergency bond purchases at a higher pace than at the beginning of the … Business • 10 Jun 21
Euro zone economic dip milder than expected in Q1 The euro zone economy contracted by much less than expected in the first quarter of the year, revised data from the EU's statistics office showed, … Business • 08 Jun 21
Euro zone business growth soared in May Euro zone business activity surged in May as the easing of some coronavirus related restrictions injected life into the bloc's dominant services industry, a survey … Business • 03 Jun 21
ECB to keep policy loose despite high inflation risks The European Central Bank will not change the total size of its asset purchase programme at its June 10 meeting but will start tapering its … Business • 03 Jun 21
Euro zone inflation hits near three-year high in May Inflation in the euro zone jumped to its highest level since October 2018 as Covid restrictions across Europe were scaled back, boosting the economy and … Business • 01 Jun 21
Euro zone factory growth hits record high in May - PMI Euro zone manufacturing activity expanded at a record pace in May, according to a survey today which suggested growth would have been even faster without … Business • 01 Jun 21
Euro zone business growth hits three-year high Euro zone business growth accelerated at its fastest pace in over three years this month, as a strong resurgence in the bloc's dominant service industry … Business • 21 May 21
Euro zone recession confirmed at start of 2021 The euro zone economy declined by 0.6% in the first quarter of 2021, data showed today to confirm a technical recession, as gross domestic product … Business • 18 May 21
Euro zone economy to rebound more strongly in 2021 The euro zone will rebound from its Covid-19 slump more than expected, the European Commission said today. Business • 12 May 21
Euro zone retail sales rise beats expectations in March Euro zone retail sales rose by more than expected in March, data showed today, pointing to pent-up consumer demand as pandemic lockdowns ease. Business • 06 May 21
Euro zone business growth accelerates in April Euro zone business activity accelerated last month as the bloc's dominant services industry shrugged off renewed lockdowns and returned to growth, according to a survey … Business • 05 May 21
Euro zone dips into second recession in first quarter The euro zone economy dipped into a second technical recession after a smaller than expected contraction in the first quarter, but economists said it was … Business • 30 Apr 21
Euro zone sentiment surges in April, beats expectations Euro zone economic sentiment surged in April as vaccination campaigns against the coronavirus gathered speed, with sharp gains across all sectors of the economy and … Business • 29 Apr 21
Euro zone recovery accelerated in April - PMI The euro zone's recovery from the pandemic-induced economic downturn was much stronger than expected in April as the bloc's dominant service industry shrugged off renewed … Business • 23 Apr 21