EUR News

ECB Survey: Small Firms Continue To Face Difficult Financing Conditions

Small and medium-sized enterprises in the euro area are experiencing a greater need for funds, but are finding it difficult to access them, results of a survey by the European Central Bank revealed on Thursday.

More...

Germany's employment growth maintained a steady pace in the third quarter, data released by the Federal Statistical Office showed on Tuesday.

More...

German investor confidence rose to its highest level in four years in November, driven by hopes of economic recovery gaining momentum in the euro area, the results of a closely-watched survey showed Tuesday. The indicator of economic sentiment for Germany rose for the fourth consecutive month to 54.6 from 52.8 in October, the Mannheim-based ZEW said. Economists had forecast a score of 54.

More...

The economic recovery in Eurozone is fragile, but there is no risk of deflation, European Central Bank Executive Board Member Peter Praet said on Tuesday.

More...

European Central Bank Governing Council member Jens Weidmann said it was not sensible for the European Central Bank to signal its next policy move immediately after the recent interest rate cut.

More...

European Central Bank President Mario Draghi on Thursday rejected media reports that the central bank is planning to take the deposit rate to negative territory. "As I said at the press conference: this was discussed in the last monetary policy meeting and there are no news since then," he said at the event in Berlin. The euro rose following Draghi's comments.

More...

German business morale rebounded strongly in November to reach its highest level in more than one-and-a-half years, suggesting that the economy might have gathered momentum in the final quarter of the year. The headline business climate index rose to 109.3 in November from 107.4 in October, survey results from the Munich-based Ifo Institute showed Friday. Economists had forecast a rise to 107.7.

More...

European Central Bank Governing Council member Ewald Nowotny said on Friday that there is no risk of deflation in the euro area.

More...

The number of unemployed persons in Germany increased for a fourth consecutive month in November to its highest level in two-and-a-half years, amid faltering economic recovery, the latest figures from the Federal Labor Agency showed Thursday. The number of unemployed increased by 10,000 persons in November from a month earlier to 2.985 million.

More...

The continued upward trend in Eurozone economic confidence in November boosted prospects for future employment and investment, and further alleviated fears of a slow recovery, a closely-watched survey showed Thursday. However, data from the European Central Bank revealed subdued lending to the private sector, underscoring the financing problems in peripheral economies.

More...