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Euro Zone | Reuters.co.uk
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Euro Zone

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Euro zone businesses end first quarter on a higher note - PMIs

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LONDON, Euro zone business activity ended the first quarter on a higher note, surveys showed on Tuesday, suggesting extra stimulus from the European Central Bank may already be having a positive effect. | Video

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Euro zone banks' provisions vs bad loans 'reasonable' - ECB's Nouy 22 Mar 2016

FRANKFURT Provisions against bad loans at euro zone banks are "reasonable", the European Central Bank's head of supervision said on Tuesday, adding a planned clean-up of lenders' balance sheets would take into account their difficulties.

Portugal rolls back austerity, how far can it go? 22 Mar 2016

LISBON Portugal's left-leaning government has set out to reverse its predecessor's austerity policies, aiming to grow its way out of trouble by boosting demand and set an example for other post-bailout euro zone countries.

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Euro zone consumer confidence falls in March 21 Mar 2016

BRUSSELS Euro zone consumer confidence defied market expectations of an improvement and fell in March, a flash estimate by the European Commission showed on Monday.

Euro area current account surplus narrows 21 Mar 2016

FRANKFURT The euro zone's adjusted current account surplus narrowed in January and net portfolio investments dropped, the European Central Bank said on Monday.

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ECB to keep rates low for a long time - Liikanen 21 Mar 2016

HELSINKI The European Central Bank will keep interest rates at current or lower levels for a long time and has tools available if needed to support the euro zone economy, ECB Governing Council member Erkki Liikanen said on

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JP Morgan cuts euro zone equities to 'neutral' from 'overweight' 21 Mar 2016

LONDON JP Morgan Cazenove has downgraded its position on euro zone equities to "neutral" from "overweight", citing headwinds on the region's stock markets from a weakening in the U.S dollar.

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ECB urges government to direct spending to investment and education 21 Mar 2016

FRANKFURT Governments in the euro zone should redirect spending towards investment and education, a top European Central Bank policy setter said on Monday, arguing that the ECB could not foster growth on its own.

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'Helicopter money' is not manna from heaven, Bundesbank chief says 19 Mar 2016

BERLIN "Helicopter money", or free cash dished out to citizens in a bid to stimulate spending and inflation, would end up costing euro zone states and therefore also cost taxpayers, the head of Germany's central bank said in an interview with a group of regional German newspapers.

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ECB could cut rates again if economy fails to pick up - Praet 18 Mar 2016

FRANKFURT The European Central Bank can cut interest rates again if the euro zone's economy fails to pick up and, under extreme circumstances, it might even consider printing money and giving it out directly to people, its chief economist said in a newspaper interview published on Friday.

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England come from two down to beat Germany in friendly

BERLIN Substitute Jamie Vardy scored with a stunning flick, his first international goal, and Eric Dier headed a last-gasp winner as England hit back from two goals down to beat old rivals Germany 3-2 in a friendly on Saturday.

Dutch anti-terrorism police arrest suspect at France's request

AMSTERDAMDutch anti-terrorism police on Sunday arrested a 32-year-old man in Rotterdam on suspicion of preparing an attack on France and also detained three other people, national prosecutors said.

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India looks to bury Italy feud to achieve bigger ambition

NEW DELHI Indian Prime Minister Narendra Modi heads to a European Union summit this week, seeking to patch up a four-year diplomatic feud with Italy that has grown toxic enough to threaten New Delhi's ambitions to become a bigger global player.

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