eurozone

EU Ministers To Meet Via Video On Virus’ Financial Hit

EU Ministers To Meet Via Video On Virus’ Financial Hit
EU Ministers To Meet Via Video On Virus’ Financial Hit
March 15, 2020  |  Europe

Mario Centeno, head of the Eurogroup of eurozone finance ministers, will head up a video conference meeting of European Union officials Monday (March 16) in...

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Japanese Sales Tax Triggers 6 Pct Economic Contraction
Japanese Sales Tax Triggers 6 Pct Economic Contraction
February 18, 2020  |  International

The coronavirus outbreak has pushed Japan to the brink of a recession as tourism slides and spending drops in response to a sales tax hike, The...

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Consumer Morale Up In Major European Economies
Consumer Morale Up In Major European Economies
January 30, 2020  |  Europe

Data indicate that the three biggest economies in the eurozone, France, Germany, and Italy, all report higher-than-expected consumer morale as shoppers continue to open their...

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EU Regulator Loosens Requirements For Bank Mergers
EU Regulator Loosens Requirements For Bank Mergers
January 26, 2020  |  Bank Regulation

Europe’s main banking regulator, an arm of the ECB, is trying to make it easier for the continent’s financial lenders to merge. Get the Full...

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Oct. Retail Sales Drop 0.6 Pct. In Euro Zone
Oct. Retail Sales Drop 0.6 Pct. In Euro Zone
December 05, 2019  |  Retail

With the negative impact from trade, the economy of the eurozone expanded at a modest rate in Q3, as retail sales dropped in October at...

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ECB Gives Banks More Time To Cover Unpaid Loans
ECB Gives Banks More Time To Cover Unpaid Loans
August 22, 2019  |  International

The European Central Bank (ECB) is granting eurozone financial institutions additional time to cover unpaid loans after being pressured by Brussels, Reuters reported on Thursday...

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Spain’s Central Bank Calls For Deposit Insurance Scheme
Spain’s Central Bank Calls For Deposit Insurance Scheme
May 28, 2019  |  Regulation

The Bank of Spain wants eurozone countries to complete their banking alliance by creating a deposit insurance scheme and a stabilization fund. Get the Full...

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European Central Bank Says EU Banks Shun Cross-Border Activity
European Central Bank Says EU Banks Shun Cross-Border Activity
May 16, 2019  |  Regulation

Eurozone banks are at risk of fragmentation and are turning away from cross-border activity, Reuters reported. Get the Full Story Complete the form to unlock...

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Demand For Eurozone Loans Flat At Start Of 2019
Demand For Eurozone Loans Flat At Start Of 2019
April 09, 2019  |  Economy

Despite interest rates hovering near record lows, demand for loans by eurozone businesses was flat at the start of the year, increasing the likelihood the...

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