GO
Loading...

Europe: Economy

More

  • LONDON, Aug 14- The euro recovered from near nine-month lows against the dollar on Thursday on relief that the euro zone as a whole did not shrink in the second quarter, despite a contraction in its biggest economy, Germany.

  • US STOCKS-Futures tick up ahead of jobless claims data Thursday, 14 Aug 2014 | 7:31 AM ET

    *Cisco shares down in premarket after results, outlook. NEW YORK, Aug 14- U.S. stock index futures edged higher on Thursday, with investors reluctant to make big bets following a sharp rally in the previous session and amid signs of weak conditions in Europe. *Cisco Systems Inc fell 1.3 percent to $24.87 in premarket trading.

  • PRAGUE, Aug 14- Slovakia's prime minister criticized European Union sanctions against Russia over Ukraine, saying they would only threaten economic growth in the 28- member bloc. Russia cut gas supplies to Ukraine on June 16 in a dispute over unpaid bills but so far has continued to supply gas which Ukraine sends on to Russia's other customers.

  • LONDON, Aug 14- Gold edged higher on Thursday as the dollar weakened and sluggish U.S. and European economic data prompted investors to switch positions from riskier assets such as equities to safer bets. Spot gold rose 0.2 percent to $1,315.20 an ounce by 1003 GMT, while U.S. gold futures for December delivery were up $2.10 an ounce at $1,316.60.

  • *Copper prices to fall to $6,600 in months ahead- Goldman. LONDON, Aug 14- Copper fell to its lowest level since late June on Thursday on concerns about demand for the industrial metal after data showing Europe's biggest economy shrank in the second quarter and the Chinese property sector cooled.

  • *Germany surprises by slipping into contraction. BERLIN/ BRUSSELS, Aug 14- The euro zone economy ground to a halt in the second quarter of the year, drained of vigor by contraction in Germany and stagnancy in France.

  • *Germany surprises by slipping into contraction. BERLIN/ BRUSSELS, Aug 14- The euro zone economy ground to a halt in the second quarter of the year, drained of vigour by surprisingly shrinking growth in Germany and stagnancy in France.

  • By Paul Carrel and Eva Taylor. FRANKFURT, Aug 14- Euro zone inflation will be weaker than previously expected this year and next, an updated survey for the European Central Bank indicated on Thursday, darkening the euro zone's economic outlook.

  • *Outlook for Q3 bleak due to Russia- Ukraine tensions. BERLIN, Aug 14- Europe's largest economy Germany suffered a surprise contraction in the second quarter, raising doubts about whether it can prop up growth across a continent where tougher sanctions against Russia are already fueling business anxiety.

  • BRUSSELS— Economic growth falls to zero in second quarter in 18 countries that use the euro.

  • BERLIN, Aug 14- The German economy suffered a surprise contraction in the second quarter, its first in more than a year, raising new doubts about Europe's recovery after data showed Italy sliding back into recession and French economic activity stagnating.

  • French economy stagnates in 2nd quarter Thursday, 14 Aug 2014 | 2:31 AM ET

    PARIS— France's economy stagnated in the second quarter, leaving President Francois Hollande increasingly desperate to fulfill his two-year-old pledge to get the country growing again. France's plight, he argued, was part of a broader economic malaise in Europe.

  • Germany's economy losing momentum Thursday, 14 Aug 2014 | 2:28 AM ET

    BERLIN— Germany's economy contracted by 0.2 percent in the second quarter of 2014, losing momentum after a robust first quarter which was helped by the mild winter. The Federal Statistics Office said Thursday the figure, which was adjusted for seasonal and calendar factors, reflected that imports grew faster than exports.

  • BERLIN, Aug 14- The German economy suffered a surprise contraction in the second quarter, its first in more than a year, as foreign trade and investment, particularly in the construction sector, weighed on growth in Europe's largest economy.

  • LONDON, Aug 14- The Bank of England will not be pushed into raising interest rates sharply because the outlook for inflation is subdued, a policymaker on the Bank's rate setting commmittee said on Thursday.

  • FRANCE'S SAPIN DOES NOT COMMENT ON KEY 2015 PUBLIC DEFICIT TARGET, SAYS EUROPE MUST ADAPT DEFICIT REDUCTION PACE TO ECONOMIC ENVIRONMENT.

  • FRENCH FINMIN SAYS EUROPE NEEDS MONETARY POLICY ADAPTED TO "EXCEPTIONAL SITUATION OF LOW GROWTH AND LOW INFLATION IN THE ENTIRE EURO ZONE".

  • PARIS, Aug 14- France slashed on Thursday its growth forecasts for both 2014 and 2015 and said it would miss its public deficit target this year, urging its European peers and their central bank to take steps to boost faltering growth and head off deflation.

  • Eurozone recovery grinds to halt amid Ukraine fear Thursday, 14 Aug 2014 | 1:31 AM ET

    The European Central Bank, with a further monetary stimulus? Or governments in France and Italy, which have dragged their heels in making their economies more business-friendly? Especially if the Ukraine crisis mushrooms with a Russian invasion that would scare off business investment even more— and extend one bad quarter into an outright recession.

  • *Bank of Korea's independence in question. SEOUL, Aug 14- South Korea's central bank cut the benchmark interest rate for the first time in 15 months on Thursday, a dramatic shift from its hawkish policy stance that many analysts see as caving in to government pressure to shore up faltering growth.

Contact Europe: Economy

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    › Learn More