Eurozone manufacturing expanded at the weakest pace since early 2016 in December as new orders fell for a third month and business confidence eroded to a six-year low, results of the survey by IHS Markit confirmed on Wednesday. The final Eurozone Manufacturing Purchasing Managers' Index, or PMI, was 51.4, unchanged from the flash, but lower than November's 51.8. more...
Greece and its creditors are holding crucial talks in Brussels on Wednesday to reach an agreement over new reform proposals to be presented for approval at a meeting of Eurozone finance ministers later in the day that could unlock financial aid for the country and help it avoid a default and an eventual exit from the euro. More...
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