Gulf Times - eurozone
European Central Bank says it likely won’t hike rates in 2019

European Central Bank says it likely won’t hike rates in 2019

European Central Bank (ECB) staff revised down on Thursday their forecast for growth of gross domestic product in the eurozone during 2019 to 1.1 percent.

EU accuses 8 banks of forming eurozone bond cartel

EU accuses 8 banks of forming eurozone bond cartel

The EU's powerful anti-trust sheriff on Thursday accused eight banks of having conspired for several years to distort competition in the eurozone bond market.

Global trade war would threaten financial stability: ECB

Global trade war would threaten financial stability: ECB

Rising protectionism's impact on financial markets has been ‘contained’, European Central Bank researchers said in a paper published Tuesday, while warning of graver risks if a trade war goes global.

Italy wants EU 'flexibility' over budget

Italy wants EU 'flexibility' over budget

Italy's populist government said the EU must show flexibility over its big-spending budget because the country had to cope with a series of natural disasters, including floods and a deadly bridge collapse in Genoa.

EU rejects Italy's proposed budget: European source

EU rejects Italy's proposed budget: European source

The European Commission has rejected Italy's proposed 2019 budget and asked for a new plan, a first in European Union history, a European source said Tuesday.

Greece to get 5.7 bn euros in bailout cash

Greece to get 5.7 bn euros in bailout cash

Eurozone authorities will make a fresh 5.7 billion euro cash injection to Greece on Wednesday, putting Athens further down the road to leaving its painful bailout programme later this year.

Europe's recovery gathers pace despite Brexit, Catalan crisis

Europe's recovery gathers pace despite Brexit, Catalan crisis

Europe's economic recovery is gathering pace despite the Catalan crisis and uncertainty around Brexit, with figures released Tuesday showing eurozone growth beating forecasts...

Greek debt deadlock 'must be solved by March'

Greek debt deadlock 'must be solved by March'

The eurozone and IMF must resolve an impasse over Greece's bailout before key European elections start in March or risk a dangerous delay that could rekindle the crisis, a senior eurozone official said Wednesday.

Greece defiant on pension cuts ahead of key talks with creditors

Greece defiant on pension cuts ahead of key talks with creditors

Greece's prime minister said his government will not give in to "unreasonable" demands as the country braces for negotiations with international creditors on pension reform.