EURO

eurozone-to-rebound-more-strongly-borrowing-curbs-to-stay-on-hold
ECONOMY

The eurozone economy will rebound from its Covid-19 slump more strongly than previously thought this year and next, the European Commission said, but EU borrowing limits should remain suspended in 2022 so as not to jeopardise that recovery. The aggregate growth of the 19 countries sharing the euro currency is likely to be 4.3% this […]


[ Floriane Vita/Unsplash]
MARIO QUAGLIARIELLO

Banks in the eurozone and in Greece should be ready to face a significant increase in nonperforming loans in view of the pandemic crisis and prepare for active management of those loans.


peripheral-bond-yields-slide-after-ecb-stimulus-plan
ECONOMY

Yields on Southern European government bonds fell on Thursday after the European Central Bank clearly signaled it will provide more stimulus at its next meeting to contain the growing fallout from a second wave of coronavirus infections. 


eurozone-gdp-down-11-8-in-q2
ECONOMY

The eurozone’s gross domestic product (GDP) shrank by 11.8% while the employment rate decreased by 2.9% in the second quarter of 2020 compared to the previous quarter, Eurostat said on Tuesday. 

greek-bonds-win-more-fans-after-rally-on-ecb-inclusion
ECONOMY

Greek government bonds are back in the spotlight, outshining their peers and returning 26% since mid-March, when the European Central Bank announced it would buy Greek debt for the first time ever – a seal of approval for conservative investors.



powerful-euro-single-currency-bloc-to-pick-new-president
NEWS

The group of countries using Europe’s single currency will choose a new president on Thursday, with three candidates vying for the challenging task of leading the 19-nation bloc out of the deepest economic recession in decades.

powerful-euro-single-currency-bloc-to-pick-new-president
ECONOMY

The powerful group of countries using Europe's single currency will choose a new president on Thursday, with three candidates vying for the challenging task of leading the 19-nation bloc out of the deepest economic recession in decades.