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Eurozone

During the first month of the year, inflation in the Eurozone has increased by 0.1 %, so the European Central Bank expects the trend to continue in the coming months. The ECB published this Friday in a press release: “Inflation expectations over the next 12 months increased to 3.3 % in January 2024…
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Economic growth picks up in the eurozone

The eurozone experienced a slight rebound in its economic growth during the second quarter, after having stagnated in the first three months of the year, although difficulties persist in Germany, according to what was revealed in a first…

Eurozone manufacturing PMI marks 4-month lows

The deterioration in factory activity in the eurozone worsened in March, when the purchasing managers' index (PMI) fell to 47.3 points from 48.5 the previous month, its worst reading in four months, according to S&P Global. Market…

Inflation in Europe reached 9.9 %

The year-on-year inflation rate in the euro area stood at 9.9 % last September, which marks a new historical record and represents an acceleration of eight tenths compared to that registered in August, although it is one tenth below the…

Eurozone faces a moderate recession

The economy of the Eurozone is facing a slowdown after the strong rebound in growth experienced, which could even become a "moderate recession", but far from a crisis scenario like that of 2008, according to the chief economist of the…

Inflation in the Eurozone stood at 9.1%

The year-on-year inflation rate in the euro zone stood at 9.1% in August, compared to the 8.9% registered in July, which represents the highest increase in prices in the euro region in the entire historical series and more than four times…

The euro loses parity with the dollar again

The price of the euro against the dollar briefly fell below parity this Monday in view of the prospects that point to a growing risk of recession in the euro zone and the expectation that at the end of this week they will meet in Jackson…

Euro-pegged stablecoins grow in popularity

The cryptographic system goes much further than Bitcoin (BTC) and Ethereum (ETH), which bring together thousands of tokens of a different nature. Among which stand out the stablecoins, cryptocurrencies that are quoted anchored to a fiat…