Eurozone achieves record resurgence of retail sales in May, with Malta’s retails sales increasing by 11.4%
Consumers in the Eurozone managed to flock towards the shops with lockdowns being eased in…
Banks rush to borrow record €1.3 trillion at negative rates from ECB
First time major central bank has offered such loans Banks have rushed to borrow a…
ECB boosts pandemic stimulus programme by €600bn
ECB President Christine Lagarde The European Central Bank intensified its response to the coronavirus recession…
EU legal action vs Germany would weaken the Union
European Union legal action against Germany over a ruling by the country’s top court that…
ECB President Lagarde urges eurozone to launch joint fiscal stimulus
Christine Lagarde, president of the European Central Bank, has implored eurozone governments to come up…
Euro zone manufacturing collapses in April as virus spreads: PMI
Manufacturing activity in the euro zone collapsed last month as government-imposed lockdowns to stop the…
Eurozone economy shrinks by fastest rate on record
The eurozone’s economy shrank by the fastest rate on record in the first quarter of…
Europe needs at least 500 billion euros from EU institutions for recovery: European Stability Mechanism (ESM)
photo: European Stability Mechanism Managing Director Klaus Regling Europe will need at least another 500…
At a paltry 0.1 percent, Eurozone growth grinds to a halt as France and Italy economies contract
Eurozone growth has slowed almost to a halt after the French and Italian economies shrank…
Euro zone factory downturn deepened at end of 2019: PMI
Factories across the euro zone ended 2019 in poor shape with activity contracting for an…