PMI, a good indicator of growth, sinks to 51.1 from October’s 52.1 leading to warnings of renewed contraction in new yearThe eurozone economy stumbled in November, according to a closely watched survey which has raised fears that falling demand...
The jobless rate in November held at 12.1 percent in the euro zone and at 10.9 percent across the European Union as the economy remained on fragile footing.
Five top European Union officials responsible for economic policy recently said in a Wall Street Journal op-ed, “Our response to the crisis, which is based on an integrated approach by member...
Businesses and consumers across the eurozone became more optimistic about their prospects, reflecting lower oil prices, a weaker euro, and hopes for the ECB’s quantitative easing program.
FRANKFURT – Several European countries’ commitment to the painful economic reforms meant to cut debt and foster growth could be shaken by this week’s elections to the European Parliament, which are likely to see anti-EU parties buoyed by protest...
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