After years of slow but steady improvement following the 2008 global financial meltdown, Europe’s economy appears to be stabilizing, at least on one front: the unemployment rate in the 28-state European Union held steady in March at 7.1 percent.
Read moreThe eurozone economy may be enjoying its best growth in a decade and seeing unemployment drop sharply, but there are few signs that is fueling the inflation that the European Central Bank is looking for.
Read moreThe eurozone economy, for so long a source of uncertainty, has enjoyed its best year in a decade, clear evidence it has broken out of the prolonged debt crisis that raised fears about the very survival of the euro currency.
Read moreRetail sales in the European Union rose 1.5 percent in November on strong turnover in the non-food and food, drink and tobacco sectors, the EU’s statistics agency Eurostat reported Monday.
Read moreInflation across the 19-country eurozone remains stubbornly low even though the economic recovery across the single currency bloc appears to be gaining more and more momentum.
Read moreRetail sales in the 19-state eurozone fell 0.5 percent in August and was flat in the full European Union, the EU statistics agency Eurostat reported Wednesday.
Read moreThe European Union’s statistics agency said Thursday that the jobless rate held steady in June, but its estimate of annual inflation for the 19-stat eurozone will tick up slightly in August.
Read moreRetail sales in the 19-state eurozone rose 0.4 percent in May while the full European Union saw a modest rise of just 0.2 percent, Eurostat said Wednesday.
Read moreThe unemployment rate in the 19-state eurozone and full European Union held steady in May, at 9.3 percent and 7.8 percent respectively, Eurostat reported Monday.
Read moreThe unemployment rate in the 19-state eurozone and the full European Union fell a tenth of a point in April, to 9.3 percent and 7.8 percent respectively, the EU’s statistics agency Eurostat said Wednesday.
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Germany and France pledged Monday to seek ways to strengthen the eurozone, with harmonization of corporate taxes among possible measures that they will mull in the coming weeks.
Read moreRetail sales in the 19-state eurozone rose 0.3 percent in March but dropped by 0.2 percent in the full European Union, as sluggish automotive fuel sales dragged down gains made in February, Eurostat said Thursday.
Read moreThe 19-state eurozone’s unemployment rate held steady at 9.5 percent in March, while the jobless rate in the full European Union dropped a tenth of a point to 8 percent, Eurostat reported Tuesday.
Read moreConstruction roared to life in the 19-state eurozone in February, posting a 6.9 percent rise in production in February according to figures released Thursday by Eurostat.
Read moreBusiness investments and profits rose slightly in the 19-state eurozone at the end of 2016, two more indications the European Union is finally shaking off the economic malaise brought by the 2008 global fiscal meltdown.
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Retail sales in the European Union rose 0.7 percent in February, marking two months of increases following a disappointing Christmas shopping season, Eurostat reported Tuesday.
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