Sentences with phrase «euro area»

This weakness in euro area activity reflects falls in output in the three largest economies in the region.

He also spoke about his expectations for euro area growth.

Depending on their particular cyclical conditions, euro area countries can take longer to reach their deficit targets.

The focus when it comes to euro area reforms, he said, is to balance risk - sharing with risk - reduction.

Those spreads will surely play a role in the potential long - term growth rates of economies and euro area stock market valuations.

However, euro area industrial production has shown few signs of recovery, and has fallen slightly over the past three months.

For all the talk about «Euroboom», about one quarter of euro area GDP growth in 2017 was driven by net trade.

This issue of the Macroprudential Bulletin looks at how euro area banks are linked to each other and to investment funds and how this may affect the stability of the financial system.

Despite German and Dutch resistance, the EU Commission will now accept less stringent but closely supervised euro area fiscal policies.

-LRB-...) For all the talk about «Euroboom», about one quarter of euro area GDP growth in 2017 was driven by net trade.

Against this backdrop, we maintain our scenario of a strengthening cyclical recovery, with euro area GDP growing at around 1.8 % this year and next, above potential, on the back of rising domestic demand (household consumption and investment) fuelled by bank credit.

Inflation data in the 19 - member euro area dropped to 1.4 percent (year - on - year) in May, from 1.9 percent in April, according to fresh figures Wednesday from the European statistics office.

The second part of the story will be about Italy and Spain, and potentially France, and how they were either pulled into the fiscal debt maelstrom or whether the ECB and euro area leaders were able to ring - fence them from the more troubled smaller euro countries.

Padoan participated in an on - stage panel discussion focusing on euro area reforms at the IMF alongside Eurogroup President Mario Centeno, German Finance Minister Olaf Scholz and former U.S. Treasury Secretary Jack Lew.

We also believe that the fall - out from Brexit will be felt in euro area equity markets, with the Euro Stoxx 50 sliding by 7 - 10 % in the short term.

Uncertainty in emerging countries has the potential to further weigh on demand for euro area exports, with emerging markets worth 25 % of exports.

From the end of October onwards, monetary policy was eased further in China, Europe and Japan, boosting US equity markets to new all - time highs (Graph 1, left - hand panel) and pushing long - run government bond yields to record lows in many euro area economies.

Let me start with a quote from the SEPA website: Only one bank account needed for the whole euro area: SEPA will make things much easier if you are working or studying abroad in another euro...

In a CNBC Facebook Live interview at the World Bank and International Monetary Fund's Spring Meetings 2018 in Washington, Padoan said strengthening euro area reforms would build more trust across the bloc.

Even Germans apparently knew that huge and precipitous budget cuts demanded of the deeply indebted euro area countries would, at some point, hit a dead end.

I, therefore, doubt that the yen's further depreciation will be tolerated by a recession - ridden euro area.

The principles of further steps toward euro area's economic and political integration will be spelled out in a joint French - German document the countries» leaders are scheduled to announce next June.

That agreement also upheld earlier limits to euro area budget deficits (3 percent of GDP) and public debt (60 percent of GDP).

And these are the powerful headwinds the U.S. and euro area monetary policies are working against.

Optimism about the outlook has also improved, highlighting the increasingly positive mood among euro area producers.

The import content of exports, which the OECD calculates as the foreign value - added as a share of total gross exports, indicates just how dependent euro area countries are on the global manufacturing cycle driving investment at home.

The European Central Bank (ECB) president, as expected, announced that euro area interest rates and asset purchases would remain unchanged as economic ramifications of the Brexit referendum continue to be assessed.

According to Eurostat's estimates, euro area HICP inflation fell to -0.19 % -LSB-...]

«A more resilient and integrated economic monetary union would buffer euro area countries against external economic shocks, preserve the European model of social cohesion and maintain Europe's influence at the global level.»

Moreover the Economic and Monetary Union should be reformed and deepened, there should be greater euro area integration with financial solidarity, a true banking union, the definition of a convergence strategy — notably from the fiscal and social points of view — all of which based on greater democratic legitimacy — notably with stronger involvement on the part of the national parliaments and the European Parliament.

We expect a slight fall in German Bund yields (perhaps by 10 basis points) to be accompanied by a rise in yields on peripheral euro area bonds before possible intervention by the European Central Bank steadies the fixed - income market.

... [We] continue to prefer U.S. and U.K. equities over euro area and Japanese counterparts.»

Looking at the main components of euro area inflation, food, alcohol & tobacco is expected to have the highest annual rate in June (3.2 %, stable compared with May), followed by energy (1.6 % compared with -0.2 % in May), services (1.4 % compared with 1.5 % in May) and non-energy industrial goods (0.7 % compared with 0.8 % in May).

Although we have left our forecasts for euro area GDP unchanged — 1.8 % growth expected in 2016, well above trend — downside risks have intensified in recent weeks.

On average, euro area banks need to expand their eligible loan portfolio by around 1.2 % annually in 2016 and 2017 in order to qualify for the maximum reduction,

Eurozone retail PMI figures are based on responses from the three largest euro area economies.

The seasonally adjusted second - quarter 2017 gross domestic product (GDP) growth in the eurozone, or the 19 - member euro area, rose at a related pace of 0.6 percent.

Against this backdrop of ECB support, we maintain our scenario of a stronger cyclical recovery, with euro area GDP growing at around 1.8 % this year and next, above potential, on the back of rising domestic demand (consumption and investment) fuelled by bank credit.

The US alone accounts for 13 % of euro area exports, followed by the UK (12 %), China (7.5 %) and Switzerland (6 %).

But long - term government bond yields fell to record lows for many euro area countries after a speech by ECB President Draghi on 21 November, which stressed that the ECB will do what is required to raise inflation and inflation expectation by adjusting the size, pace and composition of asset purchases, if the currently announced policies prove to be insufficient.

The chart below gives some sense of the relative importance of Italy - and to a slightly lesser degree Spain - in meeting its rollover demands this year versus the smaller euro area countries.

The balance sheet could thus increase by around $ 1 trillion - equivalent to 50 % of its current size or around 10 % of euro area GDP (as of mid-2014).

Overall each 10 percent move higher in the euro takes around 6 percent off earnings per share (EPS), Credit Suisse analysts said, and 70 percent of the time the euro has strengthened, euro area equities have underperformed in local terms.

By this measure, euro area countries look more exposed to fluctuations in global trade than most advanced economies, with foreign value - added accounting for 25 - 27 % of German, Italian, French and Spanish exports, compared with 15 % of US exports.

The leaders of the euro area must reckon with the integrity of their currency, which would be weakened by setting a precedent for exit.

Padoan said countries like Italy are «doing their homework» when it comes to reducing risk in the euro area in areas like non-performing loans and debt reduction.