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.
March 04, 2014
March 03, 2014
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.
March 02, 2014
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.
March 01, 2014
Euro Could Start Feeling The Effects Of Uncertainty In Ukraine
The euro was steady against the dollar and traded at $1.3682 at 6:45 GMT on Thursday morning. The common currency held its ground against an improving dollar which reached a two week high in the early hours of Thursday.
February 28, 2014
Euro zone lending contraction compounds ECB headache
FRANKFURT (Reuters) - Lending to households and firms in the euro zone fell again in January and money supply growth remained subdued, adding to pressure on the European Central Bank to take action next week to support the economy.
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