Eurozone banks moot payment system to rival Visa, Mastercard
European banks are working on a new payment system to challenge the dominance of Visa, Mastercard and technology companies such as Google and PayPal, sources have told AFP
Eurozone unemployment falls slightly to reach the lowest rate since May 2008
The unemployment rate in the European Union has dropped in August, in comparison to the previous month and the same month last year. This rate is in fact the lowest joblessness rate the eurozone has reached since May 2008.
How the ECB could boost the eurozone economy
The European Central Bank is widely expected to lower negative interest rates even further on September 12, and possibly bring back its multi-billion-euro quantitative easing programme
New ‘balanced’ EU executive team unveiled
The incoming EU Commission chief, Ursula von der Leyen, has made climate policy, digital technology and rekindling Europe's economy core ambitions for the next five years
Eurozone growth slows to 0.2% in second quarter
Is the eurozone heading for a slowdown? The latest growth figures show economic growth halved in the second quarter of the year, despite falling unemployment rates
How the ECB could boost the eurozone economy in 2019
The European Central Bank signals it could interest rates or resume its multi-billion-euro quantitative easing programme to boost growth in the eurozone
EU ministers strike shaky compromise on eurozone budget
EU finance ministers have agreed on the broad outlines of a eurozone budget, a key reform pushed by Paris that was scaled back amid deep resistance from the Netherlands
EU states adopt ‘panda bonds’ in Chinese outreach
EU members states are strengthening ties with China by issuing "panda bonds" that are helping Beijing raise its profile on international financial markets
Eurozone unemployment stable at 7.8 per cent in January
The unemployment rate in the eurozone held steady for January, according to data released by the European Union's statistics agency.
Eurozone unemployment stable at 7.9 per cent in December
According to data released by the European Union's statistics agency, the unemployment rate in the eurozone remained steady at 7.9 per cent in December.