Tag: Eurozone

Bulgaria on Wednesday secured the green light to join the euro zone, meaning the bloc could soon grow from 20 to 21 members.

Euro zone inflation eased below the European Central Bank’s target last month on surprisingly benign services costs, underpinning expectations for further policy easing even as global trade tensions fuel longer-term price pressures.

The euro zone economy is still just limping along and a raft of surveys published on Thursday point to only lukewarm optimism among firms as services, the bloc’s engine in the past, also appear surprisingly weak.

The euro zone economy grew slower in the first quarter than initially estimated but employment held up well, indicating that the bloc keeps creating jobs despite years of anaemic expansion, data from Eurostat showed on Thursday.

European Union leaders urged a calm response to U.S. President Donald Trump’s tariffs that have battered global markets, days after a more bellicose China pulled the trigger on retaliation.

French President Emmanuel Macron called on Thursday for European companies to suspend planned investment in the United States after U.S. President Donald Trump announced sweeping global tariffs on American imports.

The euro zone economy has shown modest growth for the third consecutive month in March, according to a survey.

Annual Euro zone inflation dipped as expected to 2.2% in March, according to flash data from statistics agency Eurostat published Tuesday.

Δυσχεραίνει το οικονομικό κλίμα στην Ευρώπη εν μέσω των συνεχιζόμενων γεωπολιτικών εντάσεων και της υψηλής αβεβαιότητας που προκαλεί η εμπορική πολιτική των ΗΠΑ. Ο δείκτης οικονομικού κλίματος υποχώρησε τον Μάρτιο, τόσο στην ΕΕ όσο και στην Ευρωζώνη. Από την άλλη πλευρά, στη χώρα μας καταγράφεται μικρή ανάκαμψη μετά από τη «βουτιά» του Φεβρουαρίου, αν και η καταναλωτική εμπιστοσύνη υποχωρεί και πάλι.

U.S. President Donald Trump threatened to impose “far larger” tariffs on the European Union (EU) and Canada if they work together to combat trade tariffs.

President Donald Trump on Thursday threatened to impose a massive tariff on European alcohol in response to the European Union’s retaliation against his steel and aluminum tariffs – a tit-for-tat escalation of a trade war that could easily get out of hand.

The European Union will impose counter tariffs on 26 billion euros ($28 billion) worth of U.S. goods from next month, the European Commission said on Wednesday, ramping up a global trade war in response to blanket U.S. tariffs on steel and aluminium.

President Donald Trump imposed sweeping 25% tariffs on all steel and aluminum imported into the United States Wednesday, a policy aimed at leveling the playing field for US manufacturing but a move that threatens to drive up prices on a broad range of consumer and industrial goods for Americans.

Σε άμεσα αντίποινα προχώρησε η Ευρωπαϊκή Ενωση ελάχιστες ώρες μετά την επιβολή δασμών 25% από τον Ντόναλντ Τραμπ στις εισαγωγές ευρωπαϊκού χάλυβα και αλουμινίου, με τις δύο πλευρές πλέον να είναι αντιμέτωπες με εμπορικό «πόλεμο».

The European Central Bank cut its benchmark interest rate by a quarter point to 2.5% on Thursday as inflation nears 2% and growth remains weak.

New plans from the European Union to increase defense spending could potentially mobilize as much as 800 billion euros ($841 billion), European Commission President Ursula von der Leyen said Tuesday.

Shares in European carmakers and automotive suppliers fell sharply on Tuesday, after U.S. tariffs of 25% on imports from Mexico, a major centre for the sector to supply the American continent, took effect.

Euro zone inflation eased to 2.4% in February but came in slightly above analyst expectations, according to flash data from statistics agency Eurostat out on Monday.

.Investors piled into European arms manufacturer shares and punished long-dated government bonds on Monday, following the clearest sign yet the region’s leaders were racing to increase defence spending and help to secure peace in Ukraine.

U.S. President Donald Trump on Wednesday raised hopes for another month-long pause on steep new tariffs on imports from Mexico and Canada, saying they could take effect on April 2, and floated a 25% “reciprocal” tariff on European cars and other goods.