Sentences with phrase «euro remains a point»

Not exact matches

Mario Draghi said Thursday that recent data points to «some moderation» in the economic growth in the 19 countries that use the euro, while still remaining «consistent with a broad - based expansion.»

Case in point: given the 18 percent decline in the value of the euro versus the dollar during the past year, a domestic producer would need to reduce costs significantly to remain competitive with a European counterpart, all else being equal.

With the outlook for growth in the euro area remaining fairly subdued, German bond yields are now below those in the US after having been around 30 basis points higher for much of the past year.

And for Greece's own wealthier classes, the EU loan package would enable the country to remain within the Eurozone long enough to permit them to move their money out of the country before the point arrived at which Greece would be forced to replace the euro with the drachma and devalue it.

Rumors over the past week or so point to a two million euro loan, while it remains unknown whether it's a dry loan or if there will be an option to buy permanently.