Is France’s Economy a Surprise Threat to Eurozone?
The “bad boys” of the southern Eurozone, Greece, Spain and Italy, have gotten most of the attention when it comes to a possible Eurozone breakup, but the real threat may lie in an unexpected direction.
Eurozone Downturn Worse Than Expected
A purchasing managers’ index hit its lowest level since the region came out of its last recession more than three years ago.
Greece’s Budget to Frontload Cuts
A government official has said that the Greek draft budget frontloads cuts to return the country to a surplus in 2013, but at the cost of shrinking its economy for a sixth straight year.
Eurozone Data Indicate ‘New Recession’: Markit
Factories saw demand fall and countries saw unemployment rise from July through September as Markit Economics said the activity—or, rather, lack of it—indicated a “new recession.”
Eurozone Manufacturing Sector Falls Faster
The manufacturing sector in the eurozone shrank more quickly than thought in August, even though factories had cut prices in an attempt to boost demand.
Euro Zone Joblessness Reaches 15-Year High
Unemployment across the euro zone reached its highest level in 15 years on Wednesday, according to data that show factories were cutting staff at the fastest pace in over 2 years.
Euro Zone Employment, Manufacturing Fall
As the euro zone slipped back into recession, employment numbers dropped along with manufacturing, and the ranks of the jobless rose to about 17.13 million.
Euro Zone Composite Index Falls
The purchasing managers' index fell to 48.7 in March from 49.3 in February. Economists surveyed by Dow Jones Newswires had expected a rise to 49.6.
Eurozone Manufacturing Still Falling, but Less
The purchasing managers' index for February continued on a downward slope, albeit not quite so steeply as Germany and the Netherlands reported gains and France stabilized.
Recession Looms for Eurozone
The eurozone appears to be heading more precipitately for a recession, according to the latest data from the final Markit Eurozone Manufacturing Purchasing Managers Index for October. Levels were lower than expected, and the German unemployment picture was gloomy as well, rising for the first time in almost two years...