EU leaders warn on euro, euro zone growth forecast
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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 global credit crunch will curb euro zone economic growth in the coming quarters but activity will be supported by robust employment and record-high corporate profitability, the European Commission said.
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The European Union&#39;s head office issued a bleak economic report Tuesday, warning that the sharp rise in oil prices will &quot;take its toll&quot; on economic growth next year while the euro&#39;s renewed climb could threaten crucial exports.
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The global credit crunch, created by uncertainty about the size of losses in the U.S. mortgage market, will curb euro zone economic growth in coming quarters, the European Commission said.
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The European Commission raised its estimate for euro zone growth this year to 2.1 percent from the 1.7 percent forecasts last spring due to surging external demand.
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Eurozone experts are growing increasingly cautious about the outlook for growth in the single currency area in the face of the anticipated slowdown of the global economy, a new poll conducted by the European ...
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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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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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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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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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European officials issued their harshest condemnation yet of the euro&#39;s recent surge, in a joint statement after a monthly meeting yesterday.
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European Union leaders are failing to deliver on economic reform promises made at the beginning of the decade,  a high level report warns.
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The euro-zone economy slowed more sharply than previously estimated during the second quarter and may not gather new momentum before the end of the year, according to figures released by the European Union&#39;s statistics agency Thursday.
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The European Central Bank on Thursday raised its economic growth forecast for the 12 nations using the euro and kept its key interest rate steady at record lows as it waits for the recovery to firm up.
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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.
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With the euro hovering above $1.30 against the US dollar and the market consensus calling for even higher levels in the next 12 months or so, the likelihood of an economic slowdown in the eurozone next year ...
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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.