Eurozone growth rate slowing down
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Eurozone economic growth slowed in the three months to the end of September, revised official figures show.
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Economic data to be released this week are expected to show slipping business and consumer eurozone confidence in September and slowing economic growth in Britain as rate hikes braked expansion, economists said.
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BRUSSELS - The European Central Bank has lowered its growth forecast for the eurozone economy this year to 1.8% from a previously projected 1.9%, and to 1.9% from 2.3% in 2005, sources close to the ECB said.
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The eurozone economy got slapped with a wave of bad news that highlighted a third-quarter slowdown, a decline in industrial activity and a stagnant job market.
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BusinessWeek Online - Euro zone property markets have started to cool as a result of the European Central Bank&#39;s rate policy. The latest annual data, published in the ECB&#39;s May monthly report, show that euro zone house prices rose 6.0% year over year in the second half of 2006, down from 6.9% year over year in the first half. This means 2006 property price inflation slowed to 6.4% from 7.9% in 2005. The 12-country average conceals a certain amount of heterogeneity, but it appears that most countries saw moderation.
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PARIS : Eurozone indicators to be released in the coming week should confirm that the pace of economic growth slowed in the third quarter, economists say.
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Eurozone indicators to be released this week will show that inflation was slightly lower than initially estimated in October and that industrial output recovered in September, economists said.
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The euro sank to a near-three week low  against the dollar and stocks eased on Wednesday after data  showed sluggish growth in euro zone services.
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Business & money: Five interest rate rises in a year resulted in the slowest growth in 20 months, according to report.
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Interest rates on US 30-year and 15-year mortgages have moved lower following last week&#39;s disappointing jobs report that suggested economic growth had slowed, mortgage finance company Freddie Mac said on Thursday.
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European equities were set for a slow start on Thursday, within sight of five-year highs, but with little in the way of impetus to drive them there.
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The euro eased lower against the dollar in rangebound trading on the eve of key interest rate decisions in both the eurozone and Britain, dealers said Wednesday.
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DUBLIN, Nov 15  - US Treasury Secretary John Snow said Monday the eurozone was growing &quot;below its potential,&quot; calling it &quot;negative&quot; for the global economy.
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The European economy slowed significantly in the second quarter as spending lagged, official reports showed on Tuesday, and economists expected growth in the region to be soft into early next year as consumers ...
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Eurozone figures to be released this week should show business confidence beginning to slide again owing to concern over slowing growth and the strong euro, economists said.
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The European Union's new member states are falling behind in their drive towards joining the euro, the European Central Bank warned on Wednesday.
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The economy of the 12 nations sharing the euro grew at the slowest pace in more than a year in the third quarter as record oil prices crimped global demand, prompting the European Commission