Search Results for: euro area
Eurozone economic recovery picking up despite Brexit, PMIs show
August 23rd, 2016
The eurozone’s economic recovery gained speed in August, according to surveys of purchasing managers that provide fresh evidence of the currency area’s resilience in the wake of the U.K.’s decision to leave the European Union. In advance of the ...
‘Euro was flawed at birth and destined to collapse’ – Nobel economist
August 10th, 2016
The decision to create a single currency without the institutions which would make it work was “fatal” for the eurozone, said Nobel-Prize winning economist Joseph Stiglitz, adding that the “eurozone must ditch it now to survive.” In his book ...
Eurozone GDP growth slows as French economy stalls
July 29th, 2016
Eurozone economic growth halved in the second quarter, but the 19-nation single currency area moved further away from deflation. GDP rose by 0.3% between April and June, in line with expectations but below 0.6% growth in the first quarter. ...
ESMA issues overview of European Prospectus activity
July 29th, 2016
The European Securities and Markets Authority (ESMA) has published statistical data on the number of prospectuses approved and passported by the National Competent Authorities (NCAs) of the European Economic Area (EEA) within the EU prospectus regime. The report shows ...
European stocks are expected to open lower on Tuesday
July 12th, 2016
Europe poised for weaker open as rally loses steam European stocks are expected to open lower on Tuesday as market turn mixed in Asia and European markets lose momentum. The London FTSE index is expected to open 10 points ...
European Council approves VAT rules on vouchers
July 5th, 2016
On 27 June 2016, the Council adopted a directive aimed at increasing legal certainty for transactions involving vouchers by harmonising national VAT rules in this area. The directive sets out to reduce the risk of mismatches in national tax rules leading to ...
Brexit isn’t the most serious threat to the EU — the euro is
July 4th, 2016
Brexit isn’t the most serious threat to the EU — the euro is One surprising thing about Britain’s vote to leave the EU is that Britain’s economy has been doing better than a lot of European countries. Unemployment in ...
Euro clearing houses to move in eurozone following the Brexit decision
June 29th, 2016
The European Union will move its London-based bank regulator to Paris or Frankfurt following Britain’s decision to leave the bloc, while the European Central Bank will insist euro clearing occurs in the euro zone, a senior EU official said ...
How will Brexit affect Britain’s trade with Europe?
June 28th, 2016
Britain will have to reach a new trade agreement with the European Union following its decision to sever links with Brussels. The task will be complex and will have to be carried out under the pressure of a two-year deadline. ...
What does Brexit mean for EU citizens in Britain – and Brits in Europe?
June 27th, 2016
The 3m non-British UK residents and 1.3m Britons living in the EU need to know what the result means in practice Europeans living in Britain For many of the estimated 3 million non-British EU citizens living in the UK, ...
