Christine Lagarde, president of the European Central Bank (ECB) stressed that an increase in interest rates will not impact the reduction in energy prices, which are responsible for 50 % of the increase in inflation on the continent.
The official made these statements in the framework of an…
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Eurozone
European Central Bank to redesign euro banknotes
The European Central Bank (ECB) reported that it plans to invite the population to participate in the redesign of the euro banknotes in a process that is projected to culminate in 2024 with the acceptance of a final proposal.
In the words…
Eurozone maintains inflation of -0.3% in October
The year-on-year inflation rate in the euro zone stood at -0.3% in October, the same figure as that registered in September, as a result of the rebound in fresh food and industrial goods, which offset the slight decrease in energy,…
Paschal Donohoe will be the new President of the Eurogroup
The new Minister of Finance of Ireland, Paschal Donohoe, has imposed on his second vote the Spanish Vice President and Minister of Economic Affairs, Nadia Calviño, being selected to head the Eurogroup. The appointment is expected to take…
Lagarde urges eurozone governments to coordinate fiscal stimulus plan
The president of the European Central Bank (ECB), Christine Lagarde, has argued that the application of a concerted plan of fiscal stimuli in the Eurozone would accelerate the growth of the region's GDP, which the issuing institute foresees…
Eurozone inflation slowed down to 0.7% in October
The inflation rate in the euro zone stood at 0.7% in October, one tenth below the previous month's reading and the lowest price increase in the group of countries that share the euro since November 2016, according to Eurostat has informed,…
US purchases to Spain were reduced by 18%
The purchases of Spanish products by the United States recorded a fall of 18.5% last September compared to the previous month and 17.7% compared to the same month of 2018, up to an amount of 1,237 million dollars. This figures were released…
Christine Lagarde is the new president of the ECB
Christine Lagarde, who has just been in charge of the International Monetary Fund, received from the European Parliament all the support in her nomination - which she has just won - to chair the European Central Bank (ECB).
The information…
Eurozone trade surplus grew by 23.5%
The eurozone's trade balance advanced 23.5% in August, reaching a surplus of 14.7 billion euros, according to international trade data for goods published this Wednesday by Eurostat, the community statistical office.
Specifically, exports…
Eurozone trade falls 0.6%
Trade between the 19 countries of the euro zone registered an annual fall of 6.6% last June, to 160,487.4 million euros, which represents the greatest weakening of trade within the eurozone since March 2013, as reflected in the data…
Confidence of entrepreneurs in the eurozone shows considerable fall
The confidence of the businessmen of the eurozone registered an important worsening in July, as reflected by the indicator prepared by the European Commission, which has stood at -0.12 points, compared to 0.17 of the previous month, thus…
Eurozone registers a commercial increase of 36%
The positive balance of the trade balance of the Eurozone increased in May by 36% compared to the same month last year, reaching a figure of 23,000 million euros, according to data on international trade of goods published on Tuesday by…