Euro Zone

Euro Zone coverage from Reuters.

Business Newsa day ago

FILE PHOTO: A worker moves a new Audi R8 car body in the automotive welding and assembly lines hall of the German car manufacturer's plant in Neckarsulm July 3, 2013.   REUTERS/Michaela Rehle

Euro zone business activity remained lacklustre at the start of the year, a survey showed a day after the European Central Bank said the manufacturing sector remained a drag on the economy, but there were some glimmers of hope for policymakers.

Business News2 days ago

The euro fell to a seven-week low and German bond yields dropped to six-week lows on Thursday after European Central Bank President Christine Lagarde struck a slightly more dovish tone than some had expected.

Brexit2 days ago

Small toy figure is seen in front of UK and European Union displayed flags in this illustration picture, October 17, 2019. REUTERS/Dado Ruvic/Illustration

Wrapping up even a "bare bones" deal on the future relationship between the European Union and Britain will be fraught with complexity and, with so little time to get it done, a painful "hard" Brexit on Dec. 31 cannot be ruled out, diplomats said.

Brexit2 days ago

FILE PHOTO: European Economy Commissioner Paolo Gentiloni attends an European Union finance ministers meeting in Brussels, Belgium January 21, 2020. REUTERS/Johanna Geron

The European Union can do a trade deal with post-Brexit Britain if London ensures a level playing field, European Commissioner for Economic Affairs Paolo Gentiloni said on Thursday.

Brexit4 days ago

FILE PHOTO: Flags flutter outside the Houses of Parliament in London, Britain, October 21, 2019. REUTERS/Simon Dawson

Britain wants a future relationship with the European Union to be based on friendly cooperation, the prime minister's spokesman said on Tuesday when asked about a report suggesting London could be fined if it breaks the terms of a trade deal.

Technology News4 days ago

FILE PHOTO: French Finance Minister Bruno Le Maire speaks during his New Year address to France's economic actors and the press at the Bercy Finance Ministry in Paris, France, January 7, 2020. REUTERS/Charles Platiau

Talks between France and the United States on taxing digital companies "remained difficult", French Finance Minister Bruno Le Maire said on Tuesday, despite a pledge by the two countries to avoid a trade war until at least the end of this year.

ESG5 days ago

FILE PHOTO: A European Union flag flies outside the European Commission headquarters in Brussels, Belgium, December 19, 2019. REUTERS/Yves Herman

The European Commission will this year begin to assess the green transition of EU states as part of its monitoring of national budgets, a top official said, in a new sign of the bloc's commitment to meet ambitious climate goals.

Business News5 days ago

FILE PHOTO: A logo plate is seen at the entrance to the European Central Bank (ECB) headquarters in Frankfurt, Germany, October 26, 2017. REUTERS/Kai Pfaffenbach

The European Central Bank's first meeting of the year is set to bring the formal launch of a strategy review, most likely including a rethink of an inflation goal the bank has failed to meet since 2013.

Business News9 days ago

FILE PHOTO: A woman walks with shopping bags through a mall ahead of the Christmas celebrations in Berlin, Germany December 23, 2019.  REUTERS/Annegret Hilse/File Photo

The slowdown in euro zone economic activity has probably bottomed out, according to a Reuters poll, which showed while the outlook for growth and inflation remained lukewarm the chances of a recession have faded somewhat.

Business News9 days ago

European companies called on European Union policy-makers on Thursday to toughen their approach to China to secure a level playing field for European businesses.

Environment9 days ago

FILE PHOTO: A scarecrow stands in a corn field in front of the Neurath coal power plant of German utility RWE in Neurath, west of Cologne, Germany, June 19, 2019.   REUTERS/Wolfgang Rattay/File Photo

Poland and Germany will be the biggest beneficiaries of a new 100-billion-euro ($112 billion) EU fund designed to help coal-dependent regions move towards a greener economy, European Commission data showed on Thursday.

Environment9 days ago

FILE PHOTO: European Union flags fly outside the European Commission headquarters in Brussels, Belgium, December 19, 2019. REUTERS/Yves Herman

The EU budget chief said the bloc needs to invest dedicated funds to avert a "climate crash" as Brussels detailed how it planned to pay for a trillion euro push to cut net C02 emissions to zero by 2050 and protect member countries dependent on coal.

Business News9 days ago

(This January 15 story corrects time period to first three quarters from third quarter throughout)

World News10 days ago

European Commission President Ursula von der Leyen speaks during a news conference at Government Buildings in Dublin, Ireland January 15, 2020. REUTERS/Lorraine O'Sullivan

It will ultimately be up to Britain whether or not it seeks more time to negotiate a trade agreement with the European Union after it leaves the bloc, the head of the European Commission said on Wednesday.

Business News10 days ago

The European Commission said on Wednesday that Portugal's draft budget for 2020 that envisages a small surplus was nevertheless at risk of breaking European Union fiscal rules because of insufficient progress in reducing its structural deficit.

Business News10 days ago

Reform of the euro zone bailout fund will remain frozen until at least March, a senior official said on Wednesday, as governments are still divided over technical details on bond restructuring.

World News11 days ago

The European Commission decided on Tuesday to ask the EU's top court to suspend the functioning of the disciplinary chamber of Poland's Supreme Court in a major blow to the eurosceptic Polish government, which immediately questioned the move.

World News11 days ago

European Commission President Ursula von der Leyen addresses the European Parliament in Strasbourg, France, January 14, 2020. REUTERS/Vincent Kessler

The European Commission will discuss on Tuesday whether to ask the European Court of Justice, the EU's top court, for an injunction against a Polish law that would allow the ruling party to discipline judges questioning government reforms.

World News11 days ago

FILE PHOTO: EU Commissioner-designate for Jobs, Nicolas Schmit, during a photo-call at Europe House in Stockholm, Sweden December 13, 2019.  Karin Wesslen/TT News Agency/via REUTERS

The European Union's executive arm, the European Commission, decided on Tuesday to ask the EU's top court to grant an injunction against a Polish law that would discipline judges who question the government's changes to the legal system.

Environment11 days ago

FILE PHOTO: An aeroplane flies beneath the jet stream of another  above the Italian city of Padova September 18, 2013. REUTERS/David Gray/File Photo

Most Chinese, Europeans and U.S. citizens plan to fly less for holidays this year to limit aircraft carbon dioxide emissions and help prevent catastrophic climate change, a survey by the European Investment Bank (EIB) showed on Tuesday.

Business Newsa day ago

FILE PHOTO: A worker moves a new Audi R8 car body in the automotive welding and assembly lines hall of the German car manufacturer's plant in Neckarsulm July 3, 2013.   REUTERS/Michaela Rehle

Euro zone business activity remained lacklustre at the start of the year, a survey showed a day after the European Central Bank said the manufacturing sector remained a drag on the economy, but there were some glimmers of hope for policymakers.

Business News2 days ago

The euro fell to a seven-week low and German bond yields dropped to six-week lows on Thursday after European Central Bank President Christine Lagarde struck a slightly more dovish tone than some had expected.

Brexit2 days ago

Small toy figure is seen in front of UK and European Union displayed flags in this illustration picture, October 17, 2019. REUTERS/Dado Ruvic/Illustration

Wrapping up even a "bare bones" deal on the future relationship between the European Union and Britain will be fraught with complexity and, with so little time to get it done, a painful "hard" Brexit on Dec. 31 cannot be ruled out, diplomats said.

Brexit2 days ago

FILE PHOTO: European Economy Commissioner Paolo Gentiloni attends an European Union finance ministers meeting in Brussels, Belgium January 21, 2020. REUTERS/Johanna Geron

The European Union can do a trade deal with post-Brexit Britain if London ensures a level playing field, European Commissioner for Economic Affairs Paolo Gentiloni said on Thursday.

Brexit4 days ago

FILE PHOTO: Flags flutter outside the Houses of Parliament in London, Britain, October 21, 2019. REUTERS/Simon Dawson

Britain wants a future relationship with the European Union to be based on friendly cooperation, the prime minister's spokesman said on Tuesday when asked about a report suggesting London could be fined if it breaks the terms of a trade deal.

Technology News4 days ago

FILE PHOTO: French Finance Minister Bruno Le Maire speaks during his New Year address to France's economic actors and the press at the Bercy Finance Ministry in Paris, France, January 7, 2020. REUTERS/Charles Platiau

Talks between France and the United States on taxing digital companies "remained difficult", French Finance Minister Bruno Le Maire said on Tuesday, despite a pledge by the two countries to avoid a trade war until at least the end of this year.

ESG5 days ago

FILE PHOTO: A European Union flag flies outside the European Commission headquarters in Brussels, Belgium, December 19, 2019. REUTERS/Yves Herman

The European Commission will this year begin to assess the green transition of EU states as part of its monitoring of national budgets, a top official said, in a new sign of the bloc's commitment to meet ambitious climate goals.

Business News5 days ago

FILE PHOTO: A logo plate is seen at the entrance to the European Central Bank (ECB) headquarters in Frankfurt, Germany, October 26, 2017. REUTERS/Kai Pfaffenbach

The European Central Bank's first meeting of the year is set to bring the formal launch of a strategy review, most likely including a rethink of an inflation goal the bank has failed to meet since 2013.

Business News9 days ago

FILE PHOTO: A woman walks with shopping bags through a mall ahead of the Christmas celebrations in Berlin, Germany December 23, 2019.  REUTERS/Annegret Hilse/File Photo

The slowdown in euro zone economic activity has probably bottomed out, according to a Reuters poll, which showed while the outlook for growth and inflation remained lukewarm the chances of a recession have faded somewhat.

Business News9 days ago

European companies called on European Union policy-makers on Thursday to toughen their approach to China to secure a level playing field for European businesses.

Environment9 days ago

FILE PHOTO: A scarecrow stands in a corn field in front of the Neurath coal power plant of German utility RWE in Neurath, west of Cologne, Germany, June 19, 2019.   REUTERS/Wolfgang Rattay/File Photo

Poland and Germany will be the biggest beneficiaries of a new 100-billion-euro ($112 billion) EU fund designed to help coal-dependent regions move towards a greener economy, European Commission data showed on Thursday.

Environment9 days ago

FILE PHOTO: European Union flags fly outside the European Commission headquarters in Brussels, Belgium, December 19, 2019. REUTERS/Yves Herman

The EU budget chief said the bloc needs to invest dedicated funds to avert a "climate crash" as Brussels detailed how it planned to pay for a trillion euro push to cut net C02 emissions to zero by 2050 and protect member countries dependent on coal.

Business News9 days ago

(This January 15 story corrects time period to first three quarters from third quarter throughout)

World News10 days ago

European Commission President Ursula von der Leyen speaks during a news conference at Government Buildings in Dublin, Ireland January 15, 2020. REUTERS/Lorraine O'Sullivan

It will ultimately be up to Britain whether or not it seeks more time to negotiate a trade agreement with the European Union after it leaves the bloc, the head of the European Commission said on Wednesday.

Business News10 days ago

The European Commission said on Wednesday that Portugal's draft budget for 2020 that envisages a small surplus was nevertheless at risk of breaking European Union fiscal rules because of insufficient progress in reducing its structural deficit.

Business News10 days ago

Reform of the euro zone bailout fund will remain frozen until at least March, a senior official said on Wednesday, as governments are still divided over technical details on bond restructuring.

World News11 days ago

The European Commission decided on Tuesday to ask the EU's top court to suspend the functioning of the disciplinary chamber of Poland's Supreme Court in a major blow to the eurosceptic Polish government, which immediately questioned the move.

World News11 days ago

European Commission President Ursula von der Leyen addresses the European Parliament in Strasbourg, France, January 14, 2020. REUTERS/Vincent Kessler

The European Commission will discuss on Tuesday whether to ask the European Court of Justice, the EU's top court, for an injunction against a Polish law that would allow the ruling party to discipline judges questioning government reforms.

World News11 days ago

FILE PHOTO: EU Commissioner-designate for Jobs, Nicolas Schmit, during a photo-call at Europe House in Stockholm, Sweden December 13, 2019.  Karin Wesslen/TT News Agency/via REUTERS

The European Union's executive arm, the European Commission, decided on Tuesday to ask the EU's top court to grant an injunction against a Polish law that would discipline judges who question the government's changes to the legal system.

Environment11 days ago

FILE PHOTO: An aeroplane flies beneath the jet stream of another  above the Italian city of Padova September 18, 2013. REUTERS/David Gray/File Photo

Most Chinese, Europeans and U.S. citizens plan to fly less for holidays this year to limit aircraft carbon dioxide emissions and help prevent catastrophic climate change, a survey by the European Investment Bank (EIB) showed on Tuesday.

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