EU leaders warn on euro, euro zone growth forecast
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VALLETTA/ST. JULIAN'S, Malta  - The euro zone economy could slow more than previously forecast, a policymaker said on Saturday, as other EU leaders voiced worries about the weak U.S. economy and the strong euro currency.
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The EU is in danger of being relegated from the economic super-league because of its failure to match the US and Asia in growth, productivity, innovation and competitiveness, a high-level report warned political leaders yesterday on the eve of their
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BERLIN Nov 8, 2004 - European Central Bank President Jean-Claude Trichet expressed concern Monday about the growing strength of the euro, saying a rally that sent the shared currency to an all-time high of US$1.
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The European Commission expressed concern on Friday about higher-than-expected November inflation in the euro zone, calling on governments, unions and companies to cooperate in curbing price growth.
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With interest rates on hold, Thursday's European Central Bank meeting will draw scrutiny for President Jean-Claude Trichet's remarks on the euro amid speculation that the bank may intervene in currency markets to halt its rapid climb.
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Alan Greenspan came to the home of the euro Friday and warned anxious Europeans to expect little relief from the relentless decline of the dollar against their currency.
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European leaders say Asian states must do more to absorb the fall of the dollar, warning that the euro has risen far enough.
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The euro advanced against most  currencies on Thursday after investors interpreted remarks from  the head of the European Central Bank as signaling a rise in  benchmark interest rates in March.
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The European Union told Italy, France and Germany &#151; the three biggest economies in the euro area &#151; Wednesday to do more to bring their budgets in balance as required by the rules of Europe's single currency.
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Jean-Claude Trichet, president of the European Central Bank, warned on Wednesday that any loosening of the European Union's rules on budgetary discipline would be "dangerous".
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European Central Bank (ECB) Governing  Council member Christian Noyer said in an interview released on  Sunday euro zone growth might be weaker than hoped as a result  of market turmoil but he saw no "big setback."
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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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"I hope that 2008 will be a year of growth even if growth is not as positive as in 2007"  Europe's economy faces a rougher time in 2008 than last year in the face of financial market stress and surging oil and food prices, the European Union's Slovenian presidency warned Tuesday. via Raw Story
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European Central Bank president Jean-Claude Trichet expressed concern Monday about the growing strength of the euro, saying a rally that sent the shared currency to a fresh all-time high was "brutal" and "not ...
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Eurozone data to be released in the coming week will show inflation is easing, but that the outlook for German growth is deteriorating while British figures should provide clues about future interest rate action, economists said.
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Persistently high oil prices may force the European Union's head office to lower its forecast of 2.2 percent economic growth in the euro zone next year, EU Commissioner Joaquin Almunia said Wednesday.
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The European Commission will next month lower its eurozone growth projections, but the EU is not facing a recession, European Commission President Jose Manuel Barroso said Tuesday.