November 07, 2013

Euro-Area Services Output Expands More Than Estimated

Euro-area services output grew more than initially estimated in October, adding to signs the currency bloc’s economic recovery is gaining momentum.

November 06, 2013

Euro zone economy turns corner, but growth, inflation subdued: EU executive

(Reuters) - The euro zone economy will expand slightly more slowly next year than previously expected because of weaker private demand and investment and inflation will stay well below the central bank target over the next two years.

November 05, 2013

Euro Recovers Against Dollar Ahead of ECB Meeting

The euro recovered some of the losses posted overnight against the dollar as trading got underway in Europe Monday, shaking off the dent from dollar strength driven by better-than-expected U.S. economic data and hawkish Federal Reserve comments at the end of last week.

November 04, 2013

Italy Economy Minister: Bail-In Rules Won't Apply in Short Run

ROME--New European "bail-in" rules for troubled banks won't necessarily apply in the short term, Italian Economy Minister Fabrizio Saccomanni said Wednesday.

November 03, 2013

Euro Loses Most Since July 2012 on ECB Rate-Cut Bets

The euro slid the most in more than a year versus the dollar as weaker-than-forecast economic data for the currency region fueled speculation the European Central Bank will cut interest rates as soon as at its meeting next week.