Eurozone News
The Eurozone is a monetary union comprising European countries that have adopted the euro as their common currency.
OECD Increases Spain's GDP Growth to 2.6% for 2023
The OECD has increased Spain's GDP growth forecast to 2.6% for this year, while inflation is expected to remain around 4% due to ongoing energy crises. The organization highlights Spain's economic resilience compared to the Eurozone.
Eurozone inflation at 3.2% in August, revised down
Eurozone inflation for August was confirmed at 3.2% year-on-year, a slight downward revision from initial estimates. Energy prices remain a key driver, increasing by over 14%.
Bank of France Chief: Debt Plan Illegal, Dangerous, Useless
The Governor of the Bank of France, Emmanuel Moulin, has deemed Jean-Luc Mélenchon's proposal to cancel part of France's debt as "illegal, dangerous, and useless." Moulin stated the plan would effectively mean leaving the Eurozone.
France's 2026 growth forecast cut to 0.4%
ECB Hikes Key Rate to 2.5% to Fight Inflation
Eurozone economy grew 0.6% in Q2
Global Bond Yields Rise, Increasing Borrowing Costs
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The Eurozone is a monetary union comprising European countries that have adopted the euro as their common currency.
