Euro zone inflation remains steady at 2% in July New figures from Eurostat, the statistical office of the European Union, show that the annual inflation rate in the euro zone stood at 2% in July, unchanged from the previous month. Business • 20 Aug
Euro zone inflation remains steady at 2% in July New figures from Eurostat, the statistical office of the European Union, show that the annual inflation rate in the euro zone stood at 2% in July, unchanged from the previous month. Business • 20 Aug
Euro zone industry shrinks more than feared in June Euro zone industrial output dipped more than expected in June even as overall economic growth held up in the second quarter, challenging views that the 20 nation currency union remains resilient to the fallout from a global trade war. Business • 14 Aug
Euro zone industry shrinks more than feared in June Euro zone industrial output dipped more than expected in June even as overall economic growth held up in the second quarter, challenging views that the 20 nation currency union remains resilient to the fallout from a global trade war. Business • 14 Aug
IMF ups 2025 global growth forecast on tariff distortion The IMF has today raised its global growth forecast as efforts to circumvent Donald Trump's sweeping tariffs sparked a bigger-than-expected surge in trade, while the US president stepped back from some of his harshest threats. Business • 29 Jul
IMF ups 2025 global growth forecast on tariff distortion The IMF has today raised its global growth forecast as efforts to circumvent Donald Trump's sweeping tariffs sparked a bigger-than-expected surge in trade, while the US president stepped back from some of his harshest threats. Business • 29 Jul
Weaker US dollar creates additional hurdle for exporters The US dollar has continued to weaken against the euro this week, presenting extra challenges for exporting firms. Business • 02 Jul
Weaker US dollar creates additional hurdle for exporters The US dollar has continued to weaken against the euro this week, presenting extra challenges for exporting firms. Business • 02 Jul
EU ministers back Bulgaria's euro adoption from 2026 European Union finance ministers gave formal support today for Bulgaria to adopt the euro currency, paving the way for the country to become the 21st member of the euro zone from January 1, 2026. Business • 20 Jun
EU ministers back Bulgaria's euro adoption from 2026 European Union finance ministers gave formal support today for Bulgaria to adopt the euro currency, paving the way for the country to become the 21st member of the euro zone from January 1, 2026. Business • 20 Jun
ECB gives Bulgaria green light to adopt euro next year Bulgaria has met all criteria to adopt the euro currency from 1 January 2026, the European Central Bank said after assessing progress on a host of indicators from inflation to central bank legislation. Business • 04 Jun
ECB gives Bulgaria green light to adopt euro next year Bulgaria has met all criteria to adopt the euro currency from 1 January 2026, the European Central Bank said after assessing progress on a host of indicators from inflation to central bank legislation. Business • 04 Jun
Euro zone business activity bearly expanded in May Euro zone business activity barely expanded in May as the dominant services industry contracted for the first time since November, weighed down by falling demand that has plagued the bloc for a year, a survey has shown. Business • 04 Jun
Euro zone business activity bearly expanded in May Euro zone business activity barely expanded in May as the dominant services industry contracted for the first time since November, weighed down by falling demand that has plagued the bloc for a year, a survey has shown. Business • 04 Jun
Euro zone economy grew by 0.1% in fourth quarter The euro zone economy grew by 0.1% in the fourth quarter, official data showed today, a welcome revision after preliminary figures showed growth slowed to a halt. Business • 14 Feb
Euro zone economy grew by 0.1% in fourth quarter The euro zone economy grew by 0.1% in the fourth quarter, official data showed today, a welcome revision after preliminary figures showed growth slowed to a halt. Business • 14 Feb
Euro zone economy grows more than expected in Q2 The eurozone economy grew faster than expected in the second quarter of 2024, official data showed today, confirming the single currency area's rebound since January despite Germany's weak performance. Business • 30 Jul 24
Euro zone economy grows more than expected in Q2 The eurozone economy grew faster than expected in the second quarter of 2024, official data showed today, confirming the single currency area's rebound since January despite Germany's weak performance. Business • 30 Jul 24
Consumers trim near-term inflation expectations - ECB Euro zone consumers have trimmed their expectations for inflation over the next 12 months, a European Central Bank poll showed today, in a sign the ECB's credit-tightening efforts are having an impact. Business • 06 Feb 24
Consumers trim near-term inflation expectations - ECB Euro zone consumers have trimmed their expectations for inflation over the next 12 months, a European Central Bank poll showed today, in a sign the ECB's credit-tightening efforts are having an impact. Business • 06 Feb 24
Euro zone inflation dips but core figures may disappoint Euro zone inflation eased as expected last month but underlying price pressures fell less than forecast, likely boosting the European Central Bank's argument that rate cuts should not be rushed, even if the next move is still going to be policy easing. Business • 01 Feb 24
Euro zone inflation dips but core figures may disappoint Euro zone inflation eased as expected last month but underlying price pressures fell less than forecast, likely boosting the European Central Bank's argument that rate cuts should not be rushed, even if the next move is still going to be policy easing. Business • 01 Feb 24
Euro zone narrowly avoids technical recession in Q4 The euro zone's economy stagnated last year, weighed down by an industrial malaise in Germany, its former powerhouse, data showed today. Business • 30 Jan 24
Euro zone narrowly avoids technical recession in Q4 The euro zone's economy stagnated last year, weighed down by an industrial malaise in Germany, its former powerhouse, data showed today. Business • 30 Jan 24
Annual euro zone jobless rate falls in September Unemployment in the euro zone fell in September, according to new figures from Eurostat today. Business • 03 Nov 23
Annual euro zone jobless rate falls in September Unemployment in the euro zone fell in September, according to new figures from Eurostat today. Business • 03 Nov 23
Euro zone retail sales dip as auto fuel purchases fall Retail sales in the euro zone declined in July, though only due to reduced automotive fuel purchases, while June registered an increase rather than the decline reported last month, data showed today. Business • 06 Sep 23
Euro zone retail sales dip as auto fuel purchases fall Retail sales in the euro zone declined in July, though only due to reduced automotive fuel purchases, while June registered an increase rather than the decline reported last month, data showed today. Business • 06 Sep 23
Euro zone investor mood darkens in September - survey Investor morale in the euro zone fell more than expected at the start of September as Germany's economic weakness remained a major drag on the region, a survey showed today. Business • 04 Sep 23
Euro zone investor mood darkens in September - survey Investor morale in the euro zone fell more than expected at the start of September as Germany's economic weakness remained a major drag on the region, a survey showed today. Business • 04 Sep 23
Euro zone retail sales flat in April Retail sales in the euro zone were unchanged in April, Eurostat said today, as consumers spent less on food and car fuel, but increased purchases of other products, particularly online. Business • 06 Jun 23
Euro zone retail sales flat in April Retail sales in the euro zone were unchanged in April, Eurostat said today, as consumers spent less on food and car fuel, but increased purchases of other products, particularly online. Business • 06 Jun 23
Euro zone investor morale unexpectedly dips in May Investor morale in the euro zone took a surprising dip in May, with stubborn inflation and energy concerns upending expectations of a spring recovery, a survey showed today. Business • 08 May 23
Euro zone investor morale unexpectedly dips in May Investor morale in the euro zone took a surprising dip in May, with stubborn inflation and energy concerns upending expectations of a spring recovery, a survey showed today. Business • 08 May 23
Euro zone economy grows marginally at start of 2023 The euro zone grew only marginally in the first three months of 2023 and at a rate lower than market expectations after stagnation at the end of last year, preliminary data showed today. Business • 28 Apr 23
Euro zone economy grows marginally at start of 2023 The euro zone grew only marginally in the first three months of 2023 and at a rate lower than market expectations after stagnation at the end of last year, preliminary data showed today. Business • 28 Apr 23
Euro zone consumers more optimistic on inflation - ECB Euro zone consumers cut their inflation expectations in February and also took a more optimistic view on growth and unemployment, a fresh survey by the European Central Bank showed today. Business • 04 Apr 23
Euro zone consumers more optimistic on inflation - ECB Euro zone consumers cut their inflation expectations in February and also took a more optimistic view on growth and unemployment, a fresh survey by the European Central Bank showed today. Business • 04 Apr 23
Euro zone sentiment deteriorates in March Euro zone economic sentiment defied market expectations for another slight improvement and deteriorated in March, pulled down by a sharp decline in optimism in the two main sectors of the economy - industry and services, data showed today. Business • 30 Mar 23
Euro zone sentiment deteriorates in March Euro zone economic sentiment defied market expectations for another slight improvement and deteriorated in March, pulled down by a sharp decline in optimism in the two main sectors of the economy - industry and services, data showed today. Business • 30 Mar 23
Euro zone retail sales weaker than expected in January Euro zone retail sales rebounded much less than expected month-on-month in January and were still lower than 12 months earlier, data showed today. Business • 06 Mar 23
Euro zone retail sales weaker than expected in January Euro zone retail sales rebounded much less than expected month-on-month in January and were still lower than 12 months earlier, data showed today. Business • 06 Mar 23
Bulgaria could adopt the euro from 2025 if ready Bulgaria could join the euro zone from January 2025 if it meets all entry criteria, the European Commission Vice-President Valdis Dombrovskis said today. Business • 23 Feb 23
Bulgaria could adopt the euro from 2025 if ready Bulgaria could join the euro zone from January 2025 if it meets all entry criteria, the European Commission Vice-President Valdis Dombrovskis said today. Business • 23 Feb 23
Rise in euro zone consumer confidence in February Euro zone consumer confidence rose by 1.7 points in February from the January number, figures released today showed. Business • 20 Feb 23
Rise in euro zone consumer confidence in February Euro zone consumer confidence rose by 1.7 points in February from the January number, figures released today showed. Business • 20 Feb 23
Bulgaria gives up on January 2024 date for euro Bulgaria is scrapping its target date of January 2024 for euro adoption as it fails to meet some criteria but will seek to join the common currency by 2025 or possibly earlier, Finance Minister Rossitsa Velkova said today. Business • 17 Feb 23
Bulgaria gives up on January 2024 date for euro Bulgaria is scrapping its target date of January 2024 for euro adoption as it fails to meet some criteria but will seek to join the common currency by 2025 or possibly earlier, Finance Minister Rossitsa Velkova said today. Business • 17 Feb 23
Rising inflation expectations despite energy price dips Euro zone consumer expectations for inflation edged up again in December, a European Central Bank survey showed today, indicating that recent interest rate hikes and falling energy prices have not yet tempered price growth fears. Business • 07 Feb 23
Rising inflation expectations despite energy price dips Euro zone consumer expectations for inflation edged up again in December, a European Central Bank survey showed today, indicating that recent interest rate hikes and falling energy prices have not yet tempered price growth fears. Business • 07 Feb 23