RSSEurozone

June 2019 – #Eurozone international trade in goods surplus €20.6 billion – €6.1bn surplus for EU-28

June 2019 – #Eurozone international trade in goods surplus €20.6 billion – €6.1bn surplus for EU-28

| August 19, 2019

The first estimate for eurozone (EA-19) exports of goods to the rest of the world in June 2019 was €189.9 billion, a decrease of 4.7% compared with June 2018 (€199.3bn). Imports from the rest of the world stood at €169.3bn, a fall of 4.1% compared with June 2018 (€176.6bn). As a result, the eurozone recorded […]

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Italy not thinking about leaving #Euro – Salvini

Italy not thinking about leaving #Euro – Salvini

| August 12, 2019

The leader of Italy’s League Matteo Salvini, who this week pulled the plug on his own governing coalition and called for a snap election, said on Saturday (10 August) leaving the euro was not an option on the table, writes Silvia Aloisi. The La Repubblica daily, which is close to the centre-left opposition, said on […]

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Prolonged uncertainty weighs on eurozone growth outlook: #ECB

Prolonged uncertainty weighs on eurozone growth outlook: #ECB

| August 9, 2019

Prolonged uncertainty is dampening the euro zone’s growth outlook, particularly for manufactured goods, the European Central Bank said in a regular Economic Bulletin on Thursday (8 August), writes Balazs Koranyi. Trade tensions are high and the risk of a no-deal Brexit remains, pointing to weaker eurozone growth in the second and third quarters, the ECB […]

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#Eurostat – GDP up by 0.2% in both #Eurozone and EU-28

#Eurostat – GDP up by 0.2% in both #Eurozone and EU-28

| August 1, 2019

Seasonally adjusted GDP rose by 0.2% in both the eurozone (EA-19) and the EU-28 during the second quarter of 2019, compared with the previous quarter, according to a preliminary flash estimate published by Eurostat, the statistical office of the European Union. In the first quarter of 2019, GDP had grown by 0.4% in the eurozone […]

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#Eurozone banks expect rising loan demand in third quarter – #ECB

#Eurozone banks expect rising loan demand in third quarter – #ECB

| July 24, 2019

Eurozone banks expect loan demand to rise in the third quarter while they keep corporate lending and mortgage credit standards unchanged, the European Central Bank said in a quarterly lending survey on Tuesday (23 July), writes Balazs Koranyi. With economic growth slowing and uncertainty on the rise, the ECB has already given banks a new […]

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First quarter of 2019 – Seasonally adjusted government deficit decreased to 0.5% of GDP in eurozone and down to 0.6% of GDP in EU-28

First quarter of 2019 – Seasonally adjusted government deficit decreased to 0.5% of GDP in eurozone and down to 0.6% of GDP in EU-28

| July 22, 2019

In the first quarter of 2019, the seasonally adjusted general government deficit to GDP ratio stood at 0.5% in the eurozone (EA-19), a decrease compared with 1.1% in the fourth quarter of 2018. In the EU-28, the deficit to GDP ratio stood at 0.6%, a decrease compared with 1.0% in the previous quarter. These data are […]

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#ECForecast – ‘Growth clouded by external factors’ Summer 2019 Economic Forecast

#ECForecast – ‘Growth clouded by external factors’ Summer 2019 Economic Forecast

| July 10, 2019

The European economy continues to be clouded by external factors including global trade tensions and geopolitical uncertainty. The manufacturing sector, which is the most exposed to international trade, is projected to weaken over the year. The GDP forecast for the EU remains unchanged at 1.4% in 2019 and 1.6% in 2020.   Always eager to be upbeat […]

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