European Central Bank policymaker Ignazio Visco said on Saturday recent expansionary measures agreed by the bank were necessary to counter the risk of a return to deflation in the euro area.
Christine Lagarde has made a career out of breaking glass ceilings in the halls of international finance and is now poised to break one more, leading the European Central Bank.
BRUSSELS: The eurozone economy grew at its fastest pace in six years in February, as all signs pointed to the recovery maintaining "strong momentum,"...
BRUSSELS, BELGIUM: Eurozone inflation and jobless data on Wednesday fell short of analyst forecasts as the economy bumps along amid speculation the European Central Bank will have to adopt more stimulus measures.
FRANKFURT: The European Central Bank is set to decide on Wednesday the fate of the 500-euro banknote, which many people associate with money laundering, the black market and terrorist financing.
GENEVA: The World Trade Organization on Thursday revised its 2016 global trade forecast downward by more than one percentage point, warning that a slowdown in China and broad market volatility continued to threaten growth.
BRUSSELS: The eurozone unemployment rate improved only marginally in February, official data showed Monday, stoking concerns the economy could be slowing after only a modest recovery.
BRUSSELS: Analysts had expected the December figure to be unchanged at 10.5 percent, taking into account the sharp slowdown in China and the huge turmoil on global financial markets.
BRUSSELS: Eurozone inflation accelerated to 0.4 percent in January, from 0.2 percent the month before, official data showed Friday, suggesting European Central Bank efforts to boost the economy are finally bearing fruit.
FRANKFURT: Falling oil prices are weighing on the outlook for inflation in the euro area this year, but the European Central Bank's stimulus measures and the gradual economic recovery will drive inflation higher again next year, an ECB survey showed on Friday.
BRUSSELS: Eurozone private sector business activity slowed slightly in December but still held at a four-and-a-half year high as the recovery remained on track, creating much-needed jobs, a key survey showed Wednesday.
FRANKFURT: The head of the German central bank or Bundesbank, Jens Weidmann, said Wednesday the influx of refugees is a challenge for Germany, but also an opportunity given its ageing population.
WASHINGTON: Finance chiefs of the Group of 20 economic powers said Friday they remained confident about the global economy, despite renewed weakness in areas like the eurozone.
ROME: The euro zone's growing fears of deflation will be stirred again on Friday when preliminary consumer price data for August is issued, with signs the European Central Bank could be looking at bolder steps to help the region's stagnant economy.