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European Central Bank

Eurozone growth at highest pace in six years: survey

BRUSSELS: The eurozone economy grew at its fastest pace in six years in February, as all signs pointed to the recovery maintaining "strong momentum," a closely watched surved showed Tuesday. Data monitoring company IHS Markit also said…

Eurozone inflation, jobless figures steady

BRUSSELS, BELGIUM: Eurozone inflation and jobless data on Wednesday fell short of analyst forecasts as the economy bumps along amid speculation the European Central Bank will have to adopt more stimulus measures.

Days are numbered for 500-euro banknote

FRANKFURT: The European Central Bank is set to decide on Wednesday the fate of the 500-euro banknote, which many people associate with money laundering, the black market and terrorist financing.

WTO cuts 2016 global trade forecast to 2.8%

GENEVA: The World Trade Organization on Thursday revised its 2016 global trade forecast downward by more than one percentage point, warning that a slowdown in China and broad market volatility continued to threaten growth.

Eurozone inflation picks up in January

BRUSSELS: Eurozone inflation accelerated to 0.4 percent in January, from 0.2 percent the month before, official data showed Friday, suggesting European Central Bank efforts to boost the economy are finally bearing fruit.