Policymakers are trying to slow soaring inflation while avoiding a recession among the countries that use the euro.
Tag Archives: Eurozone
Euro Hits Parity With U.S. Dollar for First Time in 20 Years
In recent months, pressure on the euro has been mounting while investors have been flocking to the U.S. dollar, a haven in times of economic upheaval.
Inflation Is Posing 19 Problems for One Central Bank
After more than a decade of worrying about low inflation, the European Central Bank is trying to tackle the problem of high inflation across the eurozone’s economies.
Eurozone Inflation Hits Highest Level Since Creation of the Euro
The economic toll of Russia’s war on Ukraine keeps widening, with price rises in Germany hitting a record and inflation in Estonia topping 20 percent.
Weakened Euro May Become Equal to the U.S. Dollar
The euro hasn’t fallen below the one-to-one exchange rate with the U.S. dollar for two decades. But as economic risks grow, more analysts predict deeper lows for the shared currency.
Europe’s Economy Slows to a Crawl as War and Inflation Take a Toll
The eurozone economy grew 0.2 percent in the first three months of the year, and growth in the European Union was just a touch higher.
A Wider Cutoff of Russian Gas Would Hit Europe’s Economy
The euro slumped to a five-year low on worries about energy security and a slowdown in European growth.
Rapid Inflation, Lower Employment: How the U.S. Pandemic Response Measures Up
The United States spent more on its policy response than other advanced economies. Now economists are revisiting how that worked.
Macron to Face Le Pen for President as French Gravitate Toward Extremes
President Emmanuel Macron and the hard-right leader Marine Le Pen will compete for a second time in a runoff on April 24.
Germany, and Europe, After Merkel
When Germans head to polls this weekend, they face an unusually difficult question: Who can replace Angela Merkel as a leader, for their country and for Europe?
Europe’s Summer of Recovery Is More Fragile Than It Looks
An anticipated surge of tourism in Portugal is suddenly not at all certain — a symbol of the global economy’s continued struggle with pandemic uncertainty.
Europe’s Recession Contrasts Economic Fortunes of U.S. Expansion
The diverging recoveries underway in the United States and Europe underscore the value of effective vaccination and public spending in the pandemic.
How the Stimulus Could Power a Rebound in Other Countries
As Americans buy more, they are expected to spur trade and investment and invigorate demand for German cars, Australian wine, Mexican auto parts and French fashions.
Mario Draghi Saved the Euro. Can He Now Save Italy?
Mario Draghi has broad support as he tries to form a new government and restore Italy’s credibility and clout in Brussels. But Italian politics is a dangerous place for an enigmatic technocrat.
Europe’s Slow Pace of Vaccinations Opens Door to Recession
A double-dip recession in the European Union appears likely after the trade bloc reported a decline in economic output in the last quarter of 2020.
Europe Risks a New Economic Downturn as Lockdowns Return
Record quarterly growth inspires little joy as the threat of a double-dip recession looms.
Europe’s Economic Recovery Is a Summer Memory
As the coronavirus resumes spreading rapidly across the continent, hopes for an economic revival have given way to diminished expectations.
Surging Euro Presents E.C.B. With a Dilemma
A rising currency is eroding the competitiveness of European exporters. Officially, the central bank isn’t allowed to do anything about it.
Angela Merkel Guides the E.U. to a Stimulus Deal, However Imperfect
With her long experience as German chancellor, she shapes a necessary compromise on virus aid for the battered European south. But it’s consensus at a cost.
It’s Merkel’s Last Rodeo. Will a Pandemic Rescue Deal Seal Her Legacy?
Angela Merkel has been the German chancellor for 15 years. Forging European consensus on a bitterly disputed recovery fund could burnish an uneven record.
‘Europe Finally Got the Message’: Leaders Act Together on Stimulus
New measures by the European Central Bank and the German government to combat the economic damage caused by the pandemic have exceeded expectations.
E.U. Is Facing Its Worst Recession Ever. Watch Out, World.
New forecasts predict a 7.4 percent economic collapse and risks of even worse decline if the reopening triggers a second virus wave.
The European Union Is Facing Its Worst Recession Ever. Watch Out, World.
New forecasts predict a 7.4 percent economic collapse and risks of even worse decline if the reopening triggers a second virus wave.
European Slump Is Worst Since World War II, Reports Show
The European Central Bank will pay banks to lend money after the economy shrank the most in decades. The worst is yet to come, the eurozone’s top central banker warned.