Germany believes Euro Zone could cope with Greece Exit – Report
The German government believes that the euro zone would now be able to cope with a Greece exit if that proved to be…
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Euro zone
No Policy Shift from ECB Despite Low Inflation
The European Central Bank left interest rates on hold and unveiled no other measures to bolster a fragile euro…
Euro Zone Industry Stumbles In December, But Recovery Still Seen On Track
Euro zone industrial output fell more than expected in December, data showed on Wednesday, but probably not by…
Euro Zone To Share Costs Of Bank Closures Gradually – Proposal
The cost of closing down a euro zone bank will initially be borne almost fully by its home country, but the…
Lagarde to Bloomberg: ‘Crossing Fingers’ for the Euro Zone
IMF Managing Director Christine Lagarde spoke with Bloomberg Television’s Sara Eisen in Jackson Hole, WY today,…
European Stocks Wobble Ahead of GDP Release
European stock markets opened cautiously lower on Wednesday, as investors awaited second-quarter GDP data from the…
France in a Recesssion, GDP Data Confirms
French gross domestic product contracted in the first quarter of the year, confirming the euro-zone's second…
Euro Slips On Euro Zone First Quarter GDP Fall, Shares Rise
The euro hit a six-week low against the dollar on Wednesday after data showing the euro zone economy contracted…
Gold Prices Aim For Upbeat End To Rough Month
Gold futures rose in electronic trade Tuesday, but the precious metal was still in line to post its worst monthly…
EU Says Euro Zone To Shrink In 2013 As Unemployment Rises
The euro-area economy will shrink in back-to-back years for the first time, driving unemployment higher as…