Eurozone pins hope on long-awaited economic rebound

Eurozone politicians are hoping for glimmers of a long-awaited economic rebound this week, with growth in the single currency bloc forecast to beat both the UK and US.

Eurozone crisis still choking credit demand: ECB

FRANKFURT: Bank lending to private households in the euro area remains weak as the long-running debt crisis continues to choke demand for credit, European Central Bank data showed on Wednesday.

Eurozone crisis drying up credit to households: ECB

FRANKFURT: Bank lending to private households in the euro area, which has practically dried up in recent months, contracted again last month in face of the region's crippling debt crisis, ECB data showed on Wednesday.

Eurozone unemployment stays at record high

Unemployment in the eurozone stayed at a record high in November as the impact of the sovereign debt crisis rumbled on, according to official figures.