Tag: eurozone

#Eurozone banks may need more buffers – #ECB

#Eurozone banks may need more buffers – #ECB

| November 7, 2019

Eurozone regulators should consider forcing banks to build bigger capital buffers as protection against an even bigger downturn that could lead to a credit crunch, European Central Bank Vice President Luis de Guindos (pictured) said on Wednesday (6 November),write Francesco Canepa and Frank Siebelt. Having amassed capital over the last decade, the currency bloc’s biggest […]

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#Eurozone economic sentiment worsens as gloom spreads to services

#Eurozone economic sentiment worsens as gloom spreads to services

| October 30, 2019

Eurozone economic sentiment deteriorated in October for a second straight month, data showed on Wednesday (30 October), as pessimism in industry spread to services and consumers in a bad sign for the bloc’s growth prospects, writes Francesco Guarascio. The European Commission said its main indicator for economic sentiment in the 19-country currency bloc fell to […]

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#Eurozone government bond yields fall before #Brexit vote

#Eurozone government bond yields fall before #Brexit vote

| October 23, 2019

Eurozone government bonds yields fell on Tuesday (22 October), before a vote in British parliament crucial to determining whether the UK can leave the European Union in an orderly way at the end of the month, writes Yoruk Bahceli. UK Prime Minister Boris Johnson faced two Brexit votes in the British parliament on Tuesday. Lawmakers […]

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#Eurozone bond yields climb on hopes for #Brexit deal

#Eurozone bond yields climb on hopes for #Brexit deal

| October 22, 2019

Eurozone bond yields rose on Monday (21 October) as investors sold safer assets on the receding risk of a British no-deal exit from the European Union and in the belief that the UK parliament could soon approve a Brexit agreement, write Tommy Wilkes and Yoruk Bahceli. Optimism over Brexit negotiations after the EU and Britain […]

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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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#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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#Eurozone welcomes #Croatia bid to join euro at earliest in 2023

#Eurozone welcomes #Croatia bid to join euro at earliest in 2023

| July 10, 2019

Croatia has submitted a formal bid to join the European Exchange Rate Mechanism (ERM-2), an early stage on the path to membership of the euro currency, the head of the Eurogroup of euro zone finance ministers said on Monday (8 July), writes Francesco Guarascio @fraguarascio. The move could allow the Balkan country to join the eurozone, […]

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