RSSEurozone

Majority of people in non-eurozone member states say #Euro is good for economy

Majority of people in non-eurozone member states say #Euro is good for economy

| June 11, 2019

A majority of respondents in the EU member states that have yet to adopt the euro thinks that the common currency has had a positive impact on those countries that already use it, the latest Flash Eurobarometer shows. In total, 56% of respondents across the seven member states (Bulgaria, Croatia, Czechia, Hungary, Poland, Romania and […]

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#Brexit inertia means London’s finance workers face summer slump

#Brexit inertia means London’s finance workers face summer slump

| April 22, 2019

The weeks before Easter are usually some of the busiest of the year for bankers, lawyers and consultants in the City of London, as clients rush to get deals done before a run of public holidays, write Sinead Cruise, Josephine Mason and Huw Jones. But this year comparatively little has been happening. City workers had been hoping the torpor […]

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MEPs strengthen #EUFinancialWatchdogs

MEPs strengthen #EUFinancialWatchdogs

| April 19, 2019

MEPs approved rules strengthening the EU financial supervision needed for safer financial markets, fighting money laundering, and protecting consumers. The new law, adoptedthis week by 521 in favour, 70 against, with 65 abstentions, already agreed with EU ministers and spearheaded through Parliament by Othmar Karas (EPP, AT) and Pervenche Berès (S&D, FR), consists of an […]

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February 2019 compared with January 2019 – Production in construction up by 3.0% in #Eurozone – Up by 2.3% in EU-28

February 2019 compared with January 2019 – Production in construction up by 3.0% in #Eurozone – Up by 2.3% in EU-28

| April 17, 2019

In February 2019 compared with January 2019, seasonally adjusted production in the construction sector increased by 3.0% in the eurozone (EA-19) and by 2.3% in the EU-28, according to first estimates from Eurostat, the statistical office of the European Union. In January 2019, production in construction fell by 0.8% in the eurozone and rose by 0.6%in the EU-28. Full text available on […]

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#Eurozone budget likely to play stabilizing role – #Moscovici

#Eurozone budget likely to play stabilizing role – #Moscovici

| April 16, 2019

A future eurozone budget will soon have to take on the task of cushioning economic shocks despite current resistance from countries in northern Europe, a top European Union official said on Saturday (13 April), writes Jan Strupczewski. Economic and Financial Affairs Commissioner Pierre Moscovici (pictured) said the setting up of the limited “budgetary instrument for convergence […]

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Merkel’s protege ready to ‘tango’ with #Macron, but don’t mention the #Eurozone

Merkel’s protege ready to ‘tango’ with #Macron, but don’t mention the #Eurozone

| March 14, 2019

The main takeaway from German conservative leader Annegret Kramp-Karrenbauer’s (pictured) response to French President Emmanuel Macron’s call to reinvigorate the EU is that she is different from Chancellor Angela Merkel only in style, not in substance, writes Joseph Nasr. Kramp-Karrenbauer, the woman most likely to succeed Merkel, is more outspoken than the prudent chancellor and does […]

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#Eurozone banks jump, Italian yields fall on report #ECB discussing new cheap bank loans

#Eurozone banks jump, Italian yields fall on report #ECB discussing new cheap bank loans

| March 8, 2019

Eurozone bank shares jumped and Italian government bond yields fell on Wednesday after Bloomberg reported the European Central Bank is holding discussions on the design of new ultra-cheap bank loans, write Helen Reid and Virginia Furness. The ECB met on Thursday (7 March) amid speculation that it is getting ready for a fresh round of […]

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