Latest News for: Euro economies

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Zelenskyy meets with German economy minister amid unannounced Kyiv visit

Anadolu Agency 19 Apr 2024
Ukrainian President Volodymyr Zelenskyy met Thursday with German Economy Minister Robert Habeck, who arrived earlier in the day in Ukraine's capital Kyiv in a surprise visit.
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Europe Faces Twin Blow If ECB and Fed Don’t Cut, Scicluna Warns

Hindustan Times 19 Apr 2024
The euro zone’s stuttering economy would face a twin blow should interest rates not be lowered both at home and in the US, according to European Central Bank Governing Council member Edward Scicluna.
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EU feeling economic heat from US, China

Arkansas Democrat-Gazette 19 Apr 2024
and the European Union are the three largest economies in the world, but the EU's share has diminished over the past 30 years ... "And every year, around 300 billion euros of these savings go to finance the American economy.".
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Israeli attack on Iran sparks rush to Swiss franc and yen

Middle East Online 19 Apr 2024
Currencies bounced around throughout the European morning session, with the euro initially falling but last up 0.1% at $1.06505 ... The broad theme of the last few weeks has been a surging US dollar on the back of a strong American economy.
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Greece finally rebounds from crisis – on paper, at least

Philenews 18 Apr 2024
The Greek economy is forecast to grow nearly 3% this year, approaching its pre-crisis size of 2009 and far outpacing the euro zone average of 0.8% ... being held back by stagnation in the same euro zone ...
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Roundup: EU Summit concludes with calls for strengthened competitiveness

China.dot.org 18 Apr 2024
dollars) in private savings as an underutilized resource, and highlighted that approximately 300 billion euros of EU family savings are redirected abroad each year, predominantly flowing into the American economy and managed by U.S.
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Fourth RRF payment request is submitted

Ekathimerini 18 Apr 2024
Alternate Minister of National Economy and Finance Nikos Papathanasis submitted the fourth payment request, amounting to 2.3 billion euros, for the loan ...
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EU leaders to hear shake-up needed to match global rivals

Philenews 18 Apr 2024
Letta said the greatest impact could come from steering the 33 trillion euros ($35.12 trillion) of private savings from current accounts to the real economy ... ($1 = 0.9397 euro).
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Trump declares Atlantic Ocean diminishes importance of 'Ukrainian survival' to the U.S.

Raw Story 18 Apr 2024
While the Kiel Institute for the World Economy's support tracker estimates the U.S. aid total at 67.7 billion euros or about $72 billion, a CNN analysis of and the Committee for a Responsible Federal Budget records put the number at $113 billion.
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U.S. Envoy On Ukraine's Economic Recovery Says Reconstruction Process Already Under Way

Radio Free Europe 18 Apr 2024
... to try and destroy Ukraine’s economy,” said the U.S ... She said it’s important to start now because a functioning Ukrainian economy is key both to its war effort and to achieving its Euro-Atlantic goals.
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Egypt's PM says prices of basic commodities to decline up to 30 pct

China.dot.org 18 Apr 2024
... support Egypt's development and reform efforts," while the European Union said it would provide a financial package of 7.4 billion euros (about 7.88 billion dollars) to bolster the Egyptian economy.
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Ships docked, trains halted as striking Greek workers protest over rising costs

Philenews 17 Apr 2024
Since a 2010-18 debt crisis when wages were slashed as part of painful austerity in turn for three international bailouts, Greece’s economy has been growing at nearly twice the euro zone rate ...
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ANALYSIS-The ECB is seen forgiving Italy its fiscal sins, if needed

Philenews 17 Apr 2024
Those public finance difficulties are now coming to a head, however, and they could make the euro zone’s third largest economy ineligible for the TPI, with big implications for Italian bond buyers ... ($1 = 0.9396 euros).
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Spanish finance minister expects Spain to hit 2% inflation in 2025

CNBC 17 Apr 2024
Carlos Cuerpo, Spain's minister of economy, trade and business, reviews how his country is seeing growth at five times the euro zone average and discusses his outlook for inflation and geopolitical partners ... .
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Global outlook raised but IMF still pessimistic

The Manila Times 17 Apr 2024
"The global economy continues to display remarkable resilience, with growth holding steady and inflation declining," IMF chief economist Pierre-Olivier Gourinchas told reporters on Tuesday ... Divergence among advanced economies.
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