Mario Draghi sees reason to be ``optimistic” about the euro-area financial crisis now that he's committed the European Central Bank’s balance sheet to ending it.
The European Central Bank has to decide how big a threat Italy poses to Europe’s recovery.
Jens Weidmann might not be as defeated as it seems.
Euro-area economic growth slowed to start the year, keeping pressure on the European Central Bank to act as soon as tomorrow to spur the fragile recovery and spark prices.
German investor confidence unexpectedly rose to a three-year high in March, suggesting Europe’s largest economy will return to growth.
The French economy posted its best quarterly expansion since President Francois Hollande came to power in May 2012 as recovering consumer spending and exports lifted factory output.
German business confidence unexpectedly climbed in October to the highest level in three and a half years, suggesting growth may not slow as much as some economists forecast.
Europe’s services and manufacturing industries grew at the slowest pace in seven months in September, adding to signs that the economy is weakening as governments from Spain to Ireland implement austerity measures.
German factory orders dropped the most in almost three years in November as the euro region economy edged toward a recession and global demand weakened.