Italy PM Renzi pledges job creation, housing reforms next week

(Reuters) - Italy's new Prime Minister Matteo Renzi pledged on Wednesday to introduce a series of "very important reforms" next week to help create jobs, make housing more affordable and remodel crumbling school buildings.

Spain's February jobless slips 0.04 pc m/m to 4.8 million

MADRID: Spain's government hailed Tuesday a wafer-thin cut in the nation's jobless queues in February, a fresh sign that the labour market is stabilising after the loss of millions of jobs since 2008.

Draghi Sees Some Progress on Euro-Area Bank Lending

European Central Bank President Mario Draghi said that officials are seeing “progress” in lending as a slump in credit eases and surveys signal improvement in loan demand.

Euro zone inflation stabilizes in 'danger zone'

(Reuters) - Euro zone inflation stabilized in the European Central Bank's "danger zone" in February but did not fall as expected, making it less likely the ECB will loosen monetary policy further at its monthly meeting next week.

France Consumer Confidence Eases On Unemployment Worries

French consumer confidence declined slightly in February, erasing the gain logged in the previous month, as concerns over rising unemployment continued to haunt, damping economic expectations.