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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Eurozone
The EU changed its expectations regarding GDP growth
In its autumn report, the European Commission cuts expectations for growth of the Gross Domestic Product (GDP) in the euro area for 2023, placing them at 0.6 %, marking a decrease of 0.2 percentage points compared to the summer forecasts.…
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…
Economic activity in the eurozone has grown fastest since June
The composite Purchasing Managers' Index (PMI) for the eurozone rose in February to 52.0 from 50.3 points in January, marking its best mark in eight months and the fastest expansion since June 2022, according to reports. revealed S&P…
The eurozone registered a trade deficit of 34,400 million in September
The negative balance of the trade balance of the eurozone stood at 34.4 billion euros last September, compared to the surplus of 6.7 billion euros in the same month of 2021, according to data on international trade in goods published by…
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…
European Parliament proposes to reform the MiCA law
European parliamentarians from the Green Party and socialist representatives propose to reform the law on Cryptoactive Markets, better known as the MiCA Law, to include non-fungible tokens (NFT) within the new regulatory framework, since…
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…