Strong Economic Recovery Takes Hold in the Euro Zone

ECONOMY: Solid growth, falling unemployment rate … the economic recovery takes hold in the euro zone and exceeds own forecasts The euro zone continues to show economic recovery surprisingly robust despite the Brexit , the Catalan crisis or uncertainties that have posed in recent months several decisive national elections. According to a first estimate published on Tuesday by the European Statistical Office Eurostat, economic …

Eurozone: Inflation Takes off in December

Economic: The recovery in energy prices contributed to the increase in inflation in the euro zone in December 2016. Good news for the ECB according to experts. Inflation in the euro area continued to accelerate in December to 1.1%, against 0.6% in November, driven by a rise in energy prices, according to preliminary estimates released …

The End of the 500 Euro Note from 2018 ?

The judgment of the distribution of € 500 banknotes in ATMs and bank branches could come as early 2018. Is this finally the end of the 500 euro note? Not officially. According to “banking sources”, the press agency Reuters, relayed by the Tribune shows that printing these large denominations could stop early as 2018. But …

ECB raised its 2015 inflation forecast

The European Central Bank (ECB) was more optimistic … The European Central Bank (ECB) was more optimistic about its inflation forecast for 2015 in the euro zone but has slightly lowered the growth for 2017,  announced by the banks president yesterday, Wednesday. The monetary institution has slightly lowered its forecast for growth in gross domestic …

New 20 Euro Note Announced

Earlier today, the President of the European Central Bank (ECB) Mario Draghi, presented the new 20 euro bank note, after the success of the new redesigned 5 and 10 euro notes. It will start to arrive in the Autumn of this yeararrive in the next autumn purses. As usual with each change in design, this …