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Eurozone unemployment remains at its lowest recorded level
Unemployment in the eurozone remained at its lowest recorded level in June, 6.6 percent of the active population, the EU statistics agency announced Monday.
Eurozone inflation hits record, as gas crunch looms
Eurozone inflation accelerated to another record high in June, official data showed on Friday, as Russia's military operation in Ukraine drives up energy prices and hammers the European economy.
Eurozone inflation hits record 8.1% amid rising energy costs
Eurozone inflation hit a record 8.1% in May amid surging energy and food costs fueled in part by Russia’s military operation in Ukraine.
Eurozone growth outlook brightens despite COVID threat
The EU increased its growth forecast for 2021, as the eurozone economy holds strong against higher energy prices, supply chain bottlenecks and a fresh wave of COVID cases.
Record inflation clouds eurozone growth outlook
Eurozone inflation surged to a record rate this month as high energy prices jumped and supply woes bit, Eurostat said Friday, casting a cloud over the recovery from the coronavirus pandemic.
Eurozone business surged in July but price pressures, COVID weigh
Eurozone business activity roared in July, expanding at its fastest pace in 15 years, as the lifting of more coronavirus restrictions and an accelerated vaccine drive injected life into the bloc’s dominant service industry, a survey showed.
Eurozone economic dip milder than expected in first quarter
The eurozone economy contracted by much less than expected in the first quarter of the year, revised data from the EU’s statistics office showed, with a buildup of inventories and investment offset by reduced consumer spending.
Eurozone business growth hits three-year high on services resurgence
Eurozone business growth accelerated at its fastest pace in over three years in May, as a strong resurgence in the bloc’s reopening service industry added to the impetus from an already-booming manufacturing sector, a survey showed on Friday.
Eurozone enters double-dip recession in first quarter
The eurozone economy fell into a second recession in less than a year in the first quarter, data showed on Friday, as slow vaccinations and pandemic lockdowns stopped a rebound.
Eurozone on course for double-dip recession
The eurozone is on course for a double-dip recession after the second wave of the COVID-19 pandemic during the last quarter of 2020 sent the currency bloc’s recovery into reverse.
Eurozone economy likely already in double-dip recession: Reuters poll
The eurozone is on track for its first double-dip recession in nearly a decade, according to a Reuters poll of economists which points to a more muted recovery next year despite expectations for €500 billion of additional monetary stimulus.
Eurozone September business growth halts as services reverse: PMI
Eurozone business growth ground to a halt this month as the service industry slammed into reverse, knocked by a resurgence in coronavirus cases that pushed governments to reintroduce restrictions and citizens to stay at home, a survey showed.
Eurozone suffers 40.3% annualized contraction, greatest drop on record
The eurozone suffered its greatest contraction on record, exceeding the US economy’s record plunge.
EU sees deeper recession, less steep rebound for eurozone
The eurozone economy will drop deeper into recession this year and rebound less steeply in 2021 than previously thought, the European Commission forecast on Tuesday, with France, Italy and Spain struggling the most due to the COVID-19 pandemic.
Eurozone business slump eased in June as lockdowns relaxed
The plunge in eurozone business activity caused by lockdowns imposed to stop the spread of the coronavirus eased sharply last month as more businesses reopened and people ventured out, a survey showed on Friday.

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