Countries in the European Union have agreed to oversee the border-free Schengen Area through regular ministerial meetings, said France in a move aimed at strengthening the political management of the area in the same manner euro zone gatherings steer economic… Read More ›
In a significant development, the euro zone’s trade surplus with the world grew in February, with imports from China falling sharply. The unadjusted goods trade surplus grew to $25.1 billion (23.0 billion euros) in February, compared with 18.5 billion euros… Read More ›
Any pending supervisory concerns for the London-based banks relocation relocating to the Euro Zone will be addressed in the coming weeks. In a statement that essentially amounts to a call for action, European Central Bank supervisory chief Anrea Enria stated,… Read More ›
The bulk of the fall in industrial output in the Eurozone can be attributed to weak investment appetite for capital goods, durable consumer goods, and non-durable consumer goods. On Monday, in what amounts to a confirmation of the series of… Read More ›
With major issues facing Germany and the European Union at this critical juncture in history, it is critical that Germany maintains a stable economic outlook. On Monday, German Chancellor Angela Merkel stated, her efforts at forming a three-way coalition has… Read More ›
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