eurozone

Business Times highlights new opportunities in EU-Vietnam Trade

August 13, 2020 | 09:37

The Business Times on August 11 posted a story describing the EU-Vietnam Free Trade Agreement (EVFTA) as a significant economic milestone for Vietnam.

Eurozone picks new chief as pandemic recession looms

July 10, 2020 | 08:56

Eurozone finance ministers, known as the Eurogroup, will elect their new president on Thursday, filling a key job just as the continent is facing the worst recession in EU history.

New ECB chief Lagarde criticises Germany for low spending

October 31, 2019 | 16:53

Incoming European Central Bank chief Christine Lagarde on Wednesday (Oct 30) took aim at Germany and other thrifty eurozone members running budgetary surpluses, saying they should increase their spending to shore up slowing growth.

China-US trade row rattles European stock markets

May 21, 2019 | 09:12

European equity markets slid on Monday (May 20) as investors fretted over the latest flare-up in the China-US trade war.

European stocks tumble as Trump threatens China tariffs

May 07, 2019 | 10:01

President Donald Trump sent global stock markets tumbling on Monday (May 6) by threatening to hike tariffs on US$200 billion of Chinese goods to force the pace in stuttering trade talks between the economic superpowers.

Eurozone delays Greece debt relief over reforms

March 12, 2019 | 13:00

BRUSSELS: Eurozone ministers on Monday (Mar 11) held back granting Greece debt relief because the government failed to implement reforms promised during the massive bailout that ended last year, officials said.

Asian markets dive as ECB fans global growth worries

March 09, 2019 | 11:20

Asian markets tanked and the euro struggled to recover on Friday (Mar 8) as the European Central Bank's decision to slash its growth and inflation forecasts added to increasing pessimism about the global outlook.

EU leaders sign off watered down eurozone reform

December 15, 2018 | 10:35

French President Emmanuel Macron barnstormed to power in 2017, promising to inject the European project - and especially the euro single currency - with much-needed oomph.

Euro slides as 'downbeat' ECB warns on economy

December 14, 2018 | 10:43

The euro slipped on Thursday (Dec 13) after the ECB trimmed its growth forecast for the eurozone because of "mounting uncertainties" from within and outside the region.

European stocks tread water as trade caution rules

August 10, 2018 | 10:38

Global stock markets had a lacklustre session on Thursday (Aug 9) as investors retrenched in the face of an intensifying trade war between the US and China.

Greece hails 'historic' deal to end debt crisis

June 23, 2018 | 08:00

Greek Prime Minister Alexis Tsipras on Friday (Jun 22) hailed an agreement by Eurozone ministers that will put an end to the country's eight-year bailout program as an "historic" step.

Eurozone says ditch Cyprus tax grab on smallest accounts

March 19, 2013 | 09:06

The eurozone told Cyprus on Monday to ditch the part of a hugely controversial 5.8-billion-euro grab on savings that stung even the smallest of account holders in exchange for a 10-billion-euro sovereign bailout deal, according to a statement issued after a conference call.