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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EU Commission chief Jose Manuel Barroso has warned that a Swiss rejection of a 1.0 billion Swiss franc (638 million euros) fund to support new eastern and southern members of the European Union would be a bad sign for Europe.
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The European Union on Thursday warned four countries - Germany, Italy, Portugal and Greece - that they risked violating budget rules next year if they do not further cut deficits.
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The European Central Bank will cut  its euro zone economic growth forecasts for the next two years  when official projections are released on Thursday, a monetary  source told Reuters.
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The European Central Bank and European finance ministers are unhappy with the Euro&#39;s surge. To this end, they vowed to closely monitoring exchange rate swings.
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Economic recovery is gathering speed in the euro zone and inflation prospects are favorable, the European Central Bank said on Thursday as it
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A likely soft landing for the U.S. economy will not dent the recovery that is gathering pace in Europe, the OECD said Tuesday, raising its growth forecast for the 12 nations that use the euro while cutting predictions for the United States to reflect a housing-led slowdown.
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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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Growth in the eurozone economy slowed slightly to 0.5 percent in the second quarter and is set to maintain roughly that pace for the rest of the year, the European Commission said Tuesday.
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German Finance Minister Eichel called for the euro&#39;s &quot;brutal&quot; rise versus the dollar to be put on the agenda of the summit of G20 countries in Berlin this weekend amid concerns the greenback&#39;s slide could hit EU growth.
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FRANKFURT, Germany -- Top euro zone politicians on Friday voiced mild concern as the euro rose to a record high against the dollar, and a European Central Bank policymaker said quick currency moves were unhelpful.
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Financial market turbulence should have only a limited impact on euro zone growth, European Central Bank policymakers said at weekend meetings of global financial officials in Washington.
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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 European Union's head office issued a bleak economic report Tuesday, warning that the sharp rise in oil prices will "take its toll" on economic growth next year while the euro's renewed climb could threaten crucial exports.
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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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Four euro zone countries risk breaching the European Union's budget deficit limit next year, Dutch Finance Minister Gerrit Zalm said, as record high oil prices cast a shadow over the economic outlook.
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The European Union&#39;s economy commissioner said in a newspaper interview Friday the bloc is worried about the low level of the dollar against the euro.