Tag: Eurozone
Eurozone, GDP and accelerating inflation
(Finance) – Estimated to increase more than expected on Euroland GDP of Q2 2022. According to Eurostat’s preliminary estimate, the Eurozone’s GDP is increased by 0.7%compared to + 0.6% in…
The ECB raises its key rates by 0.5%, a first since 2011
It’s the end of negative interest rates in Europe. The European Central Bank ends up joining the pack of other central banks, such as the US Fed, and raises its…
Eurozone, inflation extends further and exceeds expectations
(Finance) – Eurozone inflation continues to accelerate in May and it is worse than any more pessimistic forecast, confirming the strong tensions on prices and heralding an intervention by the…
€ -Coin worsens in April: this is what affects the health of the Eurozone
(Finance) – The € -coin indicator worsened in Aprilrelating to the state of health of the economy of the Euro Area, decreased to 0.61 from 0.77 in March. This is…
Eurozone: tertiary sector drives growth, manufacturing is still holding back
(Finance) – The data collected in the April survey highlighted the growing emergence of a two-speed eurozone economy, with the expansion of the tertiary sector in stark contrast to the…
Inflation hits record in Eurozone
Experts state that the European Central Bank should act immediately. Inflation in the “Euro Zone”, which consists of 19 countries that use the Euro currency in Europe, reached 7.5 percent…
Eurozone, Goldman Sachs improves GDP estimates
(Finance) – Goldman Sachs revises upwards its estimates for the GDP of the Eurozone: according to the investment bank Gross domestic product it will be 0.3% in the first quarter…
Ukraine, S&P revises Eurozone GDP estimates downwards (+ 3.3%). Russia collapses to -8.5%
(Finance) – The shock of the invasion of Ukraine is a turning point in the credit cycle. For this reason S&P Global Ratings credit prospects are expected to deteriorate, lending…
Goldman Sachs: with Russian gas stop the eurozone will lose 2.2% GDP, Italy 2.6%
(Finance) – In the worst case scenario where the Russia interrupted all gas exports to Europe, the GDP of the euro area would decrease by 2.2 percentage points in 2022…
Inflation hits record highs in the eurozone
Since November, inflation has reached a new historic peak every month in the euro zone and February was no exception to the trend. Prices rose by 5.8% over one year,…