European Crisis

Eurozone economy grew 1.5% in 2015

by AAP
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Official data show highest yearly growth level since 2011, amid energy tailwinds.

German economic growth steady in Q4

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Robust domestic consumption offsets effects of weak exports and global headwinds.

Bank of Greece calls for fast bailout review

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Central bank wants prompt conclusion so economy can begin 'a new path'.

EU proposes financial market rules delay

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Technical challenges for regulators, market participants trigger rethink of 2017 start date.

UK trade deficit narrows in December

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Official data confirms weak exports still a drag on economic growth in the final quarter.

French budget deficit narrows in 2015

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Paris says deficit slashed to €70.5bn as spending fell, tax revenues rose.

German production, exports fall

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Official data signal unexpected economic softness for Europe's largest economy in December.

ECB will act in March 'if necessary'

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Governing Council member says action shouldn't be seen as 'magic wand' for eurozone.

BoE holds interest rates steady

by AAP
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Bank says base rate will 'more likely than not' need to increase within 2 years.

European nations in debt rule breach

by RAW
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Forecasts show France, Italy, Spain and Portugal are or will be in breach without policy changes.

Spanish growth tipped to stay robust in 2016

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European Commission says job creation, oil prices, financing conditions will drive strong domestic consumption.

EU downgrades UK growth outlook

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Latest forecasts tip 2016 growth at 2.1 per cent in 2016.

EU slightly lowers 2016 growth forecast

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European Commission says China slowdown, failure to deal with migration crisis could hurt growth.

EU lifts Greek economic outlook

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Greece's growth seen contracting at 0.7% in 2016, up from previous forecast of 1.3%.

UK deal mustn't hamper eurozone: France

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Finance Minister says Paris would refuse a deal if it prevented strengthening of the eurozone.

Germany logs 91,000 migrant arrivals in Jan

by AAP
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Figures underline pressure the country faces to manage ongoing influx.

Eurozone retail sales rise for first month in four

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EU data shows December upswing in retail sales, PMI surveys better than first estimated.

Coalition set to target wealthy savers

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More than 60 per cent of voters support lifting the tax on super contributions for high income earners, Newspoll says.

Eurozone jobless rate falls in December

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Official data shows lowest jobless rate since September 2011, though outlook remains soft.

ECB's Coeure says policy working

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Executive board member says Europe's failure to work better together frightens investors.

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