Eurozone Headlines

  • RBS back in profit for first time in 10 years

    Royal Bank of Scotland is back in the black, but litigation problems remain 8.02am GMT RBS is back in profit partly because it has not yet taken a provision for US mortgage mis-selling, says Gary Greenwood at Shore Capital: RBS has reported full year results to 31st December 2017 which show adjusted profitability slightly below our own and consensus forecasts, but with a much stronger than consensus expected year end core tier 1 ratio (albeit slightly below our own forecasts). In addition the...

    the Guardian
  • UK economic growth slows to weakest rate in five years

    G7 rivals outpace UK as consumers rein in spending amid Brexit-fuelled price inflation Britain’s economy grew at a slower rate than first thought in the final three months of 2017, leaving the UK lagging further behind other major economies as it prepares to leave the EU. The Office for National Statistics revised down its estimate for UK growth in the fourth quarter to 0.4%, following an earlier estimate of 0.5% and missing economists’ forecasts that the rate would be unchanged. Continue...

    the Guardian
  • Italy's Election Could Change Everything

    Scott B. MacDonald Politics, Europe If Euroskeptic parties win a majority, which is a possibility, and somehow cobble together a coalition, Italy could be looking at a referendum on whether to leave the eurozone. Italians go the polls on March 4 to elect a new parliament. Based on opinion polls, it is likely that the outgoing coalition, led by the center-left Democratic Party (PD), will not be returning to office. Although PD-led governments have shrunk the deficit, stabilized the banking...

    nationalinterest.org
  • Stronger euro hits eurozone's momentum

    Momentum has slowed slightly in the the biggest eurozone economies, Germany and France, and across the 19-country economic bloc, according to data released on Wednesday.

    The Telegraph
  • Eurozone economy showing signs of continued strong growth

    LONDON (AP) - A closely monitored economic survey of the 19-country eurozone has found business activity cooling in February but still remaining near decade...

    Mail Online
  • Eurozone maintains strong growth at the end of 2017, as Italy continues to lag other states

    The eurozone continued to see strong growth in the final three months of last year, official data has confirmed.

    The Telegraph
  • Markets calm ahead of US inflation, as IMF says UK must boost productivity

    Busy day for economic news sees key US inflation figures, IMF on the UK and eurozone growth data 9.00am GMT Britain should give priority to improving its productivity performance, according to the latest assessment from the International Monetary Fund. Following a consulation in the wake of December’s annual health check on the UK economy when it defended its gloomy predictions for the country’s post-Brexit vote performance, the IMF said: Economic growth has moderated since the beginning of...

    the Guardian
  • Eurozone economy enjoys its best year in a decade

    The region showed 2.5% growth over 2017, the highest level since it recorded 3% in 2007.

    Mail Online