EU Says Talks On Future Deal With UK Only After Sufficient Progress On Exit
Discussions on the European Union's future relationship with the United Kingdom can be held only after sufficient progress is made on the country's exit, European Council President Donald Tusk said. EU27 leaders will discuss the draft guidelines for Brexit talks at a European Council meet in Malta on Friday.
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Eurozone PPI Inflation Highest Since Nov 2011
Eurozone producer price inflation accelerated at a faster-than-expected pace in February to the highest level in more than five years, data from Eurostat showed Monday.
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ECB's Coeure Says Policy Stance Remains Appropriate
The European Central Bank's monetary policy stance of retaining massive stimulus remains appropriate even as the bank is more confident about the euro area economic outlook and the deflationary risks have disappeared, ECB Chief Economist Peter Praet said on Monday.
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ECB's Draghi Says Cash Remains Essential In Eurozone Economy
Europeans continue to favor making payments in cash and more than half of transactions in value terms are made in cash, European Central Bank President Mario Draghi said Tuesday, citing yet-to-be-published survey data.
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ECB's Draghi Says Euro A Tangible Symbol Of European Unity
The euro is a solid representation of European unity and the support for the single currency has grown strong despite the crises in the recent years, European Central Bank President Mario Draghi said Tuesday.
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EU Parliament Overwhelmingly Adopts Brexit 'Red Lines'
European lawmakers on Wednesday overwhelmingly backed a resolution that laid down the key guidelines for Brexit negotiations with the UK and called for a phased approach to discussions, in contrast to the British government's wish for parallel talks on exit and future relationship with the European Union.
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ECB Minutes Suggest Policymakers Sought Removal Of Downward Bias On Rates
Some policymakers argued for an easing in the European Central Bank's commitment to cut rates further when the macroeconomic outlook worsened, saying that the economic situation and the balance of risks have clearly improved, the minutes of the ECB Governing Council's March 8-9 policy session showed Thursday.
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Constancio Says ECB Stands Ready To React To Downside Shocks
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The European Central Bank's monetary policy stance is appropriate and a reassessment is not warranted at this stage, though the bank stands ready to act when required, ECB Vice-President Vitor Constancio said Monday.
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German Business Insolvencies Decline In January
Germany's business insolvencies declined at the start of the year, figures from Destatis showed Wednesday.
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Germany Wholesale Price Inflation Eases In March
Germany's wholesale price inflation eased for the first time in five months in March, data from Destatis showed Wednesday.
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