June 12, 2013

Euro zone industrial output shows surprise rise in April

BRUSSELS (Reuters) - Industrial output from euro zone factories defied market expectations of a month-on-month decline and rose in April, data showed on Wednesday, but the pace of expansion was slowed by a drop in production of energy and durable consumer goods.

June 11, 2013

Euro-Area Investor Confidence Rises as Recovery Seen This Year

Euro-area investor confidence rose in June on increased optimism that the economy will return to growth this year and turbulence in the sovereign debt crisis has been overcome for now, the Sentix research institute said.

June 10, 2013

Merkel Says Euro Nations Must Follow Germany’s Lead on Growth

Chancellor Angela Merkel said euro nations must follow Germany’s lead in tightening budgets and reshaping labor markets to return to growth as she seeks to stave off any crisis eruptions before elections in September.

June 09, 2013

Germany could expand small business loan scheme to EU strugglers

BERLIN: Portugal and Greece are interested in the same kind of support for lending to small business that Germany agreed with Spain this week, a spokeswoman for the German finance ministry said on Saturday, but they will need a state financing body to qualify.

June 08, 2013

Down So Long, It Looks Like Up to the Euro Zone

FRANKFURT — This is what passes for good economic news in Europe: Spain just added 265 jobs.“Clearly encouraging,” the nation’s prime minister, Mariano Rajoy, said of the development.