Eurozone

Eurozone GDP up 0.3% in Q2

by Newsdesk-Top NewsEU NewsEurope30 July 202430 July 2024

In the first quarter of 2024, GDP had also grown by 0.3 per cent in both regions, the statistical office of the EU reported on Tuesday…reports Asian Lite News Seasonally…

EU cuts eurozone growth forecast

by Newsdesk-Top NewsEU NewsEurope16 February 202416 February 2024

Reflecting lower energy prices, the commission revised its inflation forecast sharply down from 3.2 percent — although it still remains above the ECB’s two-percent target…reports Asian Lite News The forecasts…

‘Eurozone economy likely to stay weak through year-end’

by Newsdesk-Top NewsEU NewsEurope28 November 202328 November 2023

Regarding inflation, Lagarde acknowledged that wages would continue to play a pivotal role in driving domestic inflation…reports Asian Lite News Economic activity in the eurozone has stagnated in recent quarters,…

Eurozone slips into recession after economy shrinks 0.1%

by Newsdesk-Top NewsEurope9 June 20239 June 2023

Europe’s economy has been hit by the economic disruption caused by the Ukraine war, which has pushed up energy and food prices…reports Asian Lite News The Eurozone has fallen into…

Eurozone falls into recession

by Newsdesk-Top NewsEconomyEurope8 June 20238 June 2023

Europe’s economy has been hit by the economic disruption caused by the Ukraine war, which has pushed up energy and food prices…reports Asian Lite News The Eurozone has fallen into…

Eurozone likely to avoid recession but Germany, Italy still at risk

by Newsdesk-Top NewsEU NewsEurope15 February 202315 February 2023

In the last three months of 2022, the 27 member countries of the EU reported an average zero growth compared to the previous quarter…reports Asian Lite News The eurozone may…

Eurozone inflation hits 10.7% in October

by Newsdesk-Top NewsEurope1 November 20221 November 2022

The Baltic countries were hit the hardest by inflation, with 22.4 per cent for Estonia, 22 per cent for Lithuania and 21.8 per cent for Latvia…reports Asian Lite News Inflation…

Eurozone jobless rate drops to 7.9%

by Newsdesk-Top NewsEurope3 July 20213 July 2021

For both the eurozone and the EU, the rates were still higher than a year ago…reports Asian Lite News. The 19-member eurozone’s unemployment rate fell to 7.9 per cent in…