Sentences with phrase «euro zone areas»
«They've accumulated debt in all the wrong areas; meaning in the weak euro zone areas as opposed to the strong,» he added.
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The ECB's annual report on its work as the euro zone's top banking watchdog shows some banks were found to be deficient in the way they identify problem customers and loans, set aside provisions and choose when to grant credit, among other areas.
«Any revision of the treaty is for deeper integration of the euro area but also for a stronger European Union,» Commission President Jose Manuel Barroso told the European Parliament on Wednesday, a bid to keep the process inclusive of all 27 countries in the EU, not just the 17 in the euro zone.