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Eurozone

EUROPEAN UNION: Sarkozy pushes eurozone 'economic government'
Local French News In English

Speaking at the European Parliament, French President Nicolas Sarkozy called for the creation of an "Economic government" to work with the European Central Bank and help finances within the eurozone.
Source: France24 - france

Eurozone

ECONOMY: Eurozone suffers record contraction of GDP
Local French Business Updates

The eurozone economy has been shrinking at a a record rate, the highest since 1995. The Eurostat statistics agency reported a 2.5% drop in economic output in the first quarter and 4.8% over 12 months, a bigger fall than the original estimate of 4.6%.
Source: France24 - Business

Eurozone History & Civil Business Politics

EUROPEAN UNION: Revised data shows eurozone growth stalled in fourth quarter of 2009
Local French Business Updates

Eurozone growth stalled in the last quarter of 2009, revised data showed Wednesday, highlighting the continued fragility of economic recovery. Officials reported that growth in the eurozone was zero rather than the previously reported 0.1%.
Source: BUSINESS / TECH - latest business and tech news report, read news on business, technology, banking, industry, media and e-business

Eurozone

Eurozone tensions expected to dominate Cameron visit in Berlin
Local Saudi Arabia News In English

London, May 21, SPA -- Eurozone tensions and financial regulation were likely to dominate inaugural talks between Britain's new prime minister, David Cameron, and German Chancellor Angela Merkel scheduled for Friday in Berlin, according to dpa. Cameron,...
Source: Saudi Press Agency

Eurozone

Eurozone inflation eases in August to 1.6 percent (AP)
European Business News

AP - Inflation in the 16 countries that use the euro fell in August, official figures showed Tuesday, reinforcing market expectations that the European Central Bank will not be raising borrowing costs this year.
Source: Yahoo! News: Business - European Economy

Eurozone

Eurozone set for a busy summer of crisis talks (AP)


AP - The eurozone's hope that it could enjoy a summer lull in its crisis has vanished as quickly as it appeared.

Source: Yahoo! News: Business - European Economy

Eurozone

Why you should care about Europe's financial woes

U.S. Financial markets have risen and fallen in the past week on European financial news as well as domestic economic turmoil. With record unemployment in the U.S., weak economic growth and a continued threat of recession, the troubles in Europe may seem like someone else's problem. Ref. Source 5

Eurozone Politics Business Civil & History

Germany backs EU bailout fund

German MPs vote to back new powers for the Eurozone debt bailout fund by a large majority, in a major test of the coalition's authority. Ref. BBC