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Economic morale of the Eurozone at a 4 month low

Economic sentiment in the Eurozone economy hits its 4 month low in April, slipping 1.5 points to a worst than expected 88.6, according to the European Commission. “The further and increased slippage in economic sentiment in April reinforces our belief

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Eurozone looks set for further contraction

According to the recent figures, the Eurozone economy is expected to shrink further in the early months of 2013, with the weakening consumer demand combined with levels of business confidence and fall global trade. The Eurozone’s Puchasing Manager’s Index, which

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Eurozone jobless rate climbs to record high in October.

The eurozone unemployment rate inched up in October to a record-high 11.7%, compared to 11.6% the previous month, Eurostat, the European Union’s statistics office, said on Friday. That figure marks a new record for the eurozone, while the jobless rate

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Eurozone Deal On Greece Bailout

Eurozone finance ministers and the IMF have reached an agreement to release urgently needed loans to Greece in order to reduce the country’s debt.  The deal was made on Monday after 12 hours of talks at the third meeting of

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