Eurozone 'to withstand dip'
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The Eurozone will be able to withstand world economic problems in 2007, the European Commission says.
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The eurozone&#39;s near-perfect recovery remains on track with economic confidence dipping only slightly this month and inflation remaining within the European Central Bank&#39;s target range.
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BRUSSELS  - Eurozone figures due out this week will confirm that confidence is slumping due to high oil prices and the rise of the euro, and that inflation is easing, economists said.
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Business & money: The crisis in financial markets is unlikely to prompt a property crash or even bring the upward trend in house prices to an end, a member of the Bank of England's monetary policy committee said today.
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Sterling stabilised at lower levels against the euro, as well as falling against the dollar, as it remained on the backfoot after last week's weak data and dovish comments by the Bank of England's (BoE) Monetary Policy Committee (MPC) member Kate Barker.
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The current strength of the euro represents an "extraordinary burden and risk" to the economy and the European Central Bank should keep interest rates at a level that is "favourable" to growth, German Economy ...
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The European Central Bank will likely hold interest rates steady Thursday, waiting to see if its latest increase can stem inflation, but it is expected to prepare the markets for another move in March.
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The European Central Bank left its key refinancing rate unchanged at 2 percent Thursday amid signs that the recovery in the 12-nation euro zone may be sputtering.
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The European Central Bank held its key interest rates steady on Thursday, amid signs it is becoming increasingly concerned about the negative effects on economic recovery of the runaway price of oil.
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The pound held firm against the dollar and euro after a string of recent economic data continued to suggest that the Bank of England (BoE) will be forced to raise interest rates in the coming months to keep a stranglehold on inflation.
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The eurozone economy is on course for growth next year of about 2.0 percent despite the euro's record-breaking rally against the dollar, the European Union's executive arm revealed.
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The pound stabilised after earlier losses following China&#39;s tax hike and the release of a survey showing inflation expectations remaining steady despite the rise in CPI inflation.
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The European Central Bank opts to keep interest rates on hold at 4% as jitters unsettle world markets.
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Eurozone economic chiefs on Monday looked on the bright side of recent &quot;worrisome&quot; data, insisting that the 12-country single currency area was still on course for growth of 2 per cent in 2005.
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European financial markets stabilized yesterday after the U.S. interest-rate cut, as political leaders sought to calm sell-off fears by assuring Europeans that economic problems were in the United States, not their countries.
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The pound held firm against the dollar and euro on Friday after a robust wages survey indicated that the Bank of England will continue to trim interest rates as it tries to keep a grip on inflationary pressures in the British economy.
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The European Central Bank left its key refinancing rate unchanged at two per cent Thursday amid signs that the recovery in the 12-country euro zone may be sputtering.