Sentences with phrase «for euro area»

«However, the bail - in of the banking sector with customer deposits is still likely to have some negative implications for the euro area banks, given the precedent it sets,» the bank adds.

The unemployment rate for the euro area as a whole stood at 8.9 per cent in June, up almost 1 percentage point from the late 2001 trough.

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.

The adoption of an SRM is a necessary element for the euro area -LSB-...]

By 2015, all four estimates had dropped sharply, to 1 1/2 % for Canada and the United Kingdom, nearly zero for the United States, and below zero for the euro area.

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

The unemployment rate for the euro area remains at 10.7 %, with unemployment in Spain, the union's fifth - largest economy, over 21 %.

It is, therefore, a good bet that the triad of fiscal austerity, short - term growth - stifling structural reforms and seemingly intractable problems of a weak banking system will soon lead to the downward revision of the ECB's long - standing growth forecast for the euro area.

Crucially, the decline in oil prices is more of an economic stimulus for the euro area than a harbinger of deflation.

«We believe that net migration for the euro area and for Germany is positive for growth,» Credit Suisse economists predicted in a note on Monday.

Not exact matches

Consumer prices across the euro area reached a high not seen for almost four years, jumping 1.1 percent in December, official figures say.

The Italian crisis — the country's powerful political leader, the comedian Beppe Grillo, would probably call it «commedia dell «arte» — offers plenty of interesting trading opportunities as long as you don't fall for the incongruous idea that this is the end of the euro area.

Valdis Dombrovskis, vice-president of the European Commission, said that the EU should not wait for another crisis to deepen economic and monetary policies to strengthen the resilience of the euro area.

But U.K. trade remains as twice as much with the euro area as it does with the dollar,» Adam Posen, president of the Peterson Institute for International Economics noted.

These aim to signal our growing confidence in the euro area economy, while also acknowledging that we must be patient and persistent for inflation to return sustainably to our objective,» Draghi said at a conference in Frankfurt.

All of this is good for the economies of the euro - area countries.

The euro area will remain a serious problem for the world economy as far as the eye can see.

It is the rare combination of a simultaneous impact of hugely restrictive fiscal policies, gravely damaged channels of financial intermediation and crippling trade imbalances in especially depressed segments of the world economy - the euro area - where there is an obvious need for a strong stimulation of domestic demand in countries of that region whose trade surpluses range from 2 percent to nearly 9 percent of gross domestic product (GDP).

Figure 1 shows estimates of the inflation - adjusted natural rate for four major economies: the United States, Canada, the euro area, and the United Kingdom (Holston, Laubach, and Williams 2016).

Indeed, in the euro area and Japan, our core inflation forecasts are above consensus for 2018, penciling in an increase to 1.6 % and 1.1 % at year - end, respectively.

All the major countries had reduced interest rates to unprecedented levels in the early part of this decade — 0 per cent in Japan, 1 per cent in the United States and 2 per cent in the euro area — and they maintained this position for a prolonged period.

Forecasts for the global economy in 2012 have been marked lower, mainly due to the effects of the problems in the euro area.

This has certainly been the case in the U.K and the EURO area and for most provinces in Canada.

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.

This initiated a further decline in 10 - year government bond yields, which fell to all - time lows for nine large euro area countries including France, Ireland and Spain by 26 November, the end of the period under review (Graph 5, right - hand panel).

«Data in the euro area, and even Japan, matter as much as economic strength in the US economy if the Fed is to be successful in removing monetary accommodation for next year or two.»

Greek Prime Minister Alexis Tsipras needs to shore up support at home for his plan, while euro - area finance ministers meet Wednesday to prepare the ground for a second, scheduled summit of European Union leaders Thursday.

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

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

U.S. Dollar strength and disinflation, supported by the ongoing oil price collapse, are providing headwinds for the metals; on the other hand, a recent rise in fear in the euro area, combined with continuing loose monetary policies, result in favorable conditions.

Both the UK and the countries representing the euro area are expectantly readying for the massive changes that are likely to follow once Britain exits.

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.

With continuing weak growth in the euro area, markets do not expect the ECB to begin lifting rates for some time.

The International Monetary Fund last month raised its annual growth forecasts for China and the euro area by 0.1 percent from its report in January.

Markets also expect the monetary authorities in the euro area and Japan to keep policy rates at their current low levels for some time.

Hesitant demand growth in the euro area explains the modest growth of export and import volumes in the region, since intra-regional trade accounts for around two - thirds of the area's total trade.

With the clock ticking toward a June 30 deadline both for the expiry of the European portion of Greece's bailout and payments to the International Monetary Fund, euro - area leaders at a summit in Brussels late Monday stressed that more work needs to be done.

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,

As we tried to distinguish between good and bad reasons to worry about the euro area outlook, we concluded that some of those concerns look overdone, largely based on the view that the improvement in domestic demand should more than compensate for external weakness.

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, i.e. to receive the 0.40 % subsidy on their TLTRO II holdings.

Stresses in the euro area have receded for now, according to Barclays.

More aid may be now within reach, but euro - area creditors consider the latest Greek budget measures a basis for further work rather than a done deal.

«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.

A mere six billion Euros is earmarked for tackling unemployment among young Europeans in countries under the greatest economic strain, and around eighty billion is deemed enough to bolster research and innovation — an area in which Europe lags behind other parts of the world.

Under the Ashdown formula, the Liberal Democrats have worked with Labour on areas of mutual interest, such as constitutional reform, but have opposed the Government in other areas such as spending on health and education and preparation for the euro.

Besides, Ibrahim said 30 - year - old Orjiakor Chima of Orlu Local Government Area of Imo State was arrested for issuing fake euros to one Abdullahi Shuaibu, totalling one million, seven hundred and ninety - four thousand and five hundred naira.

David Cameron himself also called for EMU to be deepened like this, which is also in the interest of the British economy, given 40 per cent of the UK's exports target the euro area.

Nov 28 (Reuters)- Kongsberg Automotive ASA: * Says Fluid Transfer business area has been awarded a three year supply agreement for high temperature hose products to Europe and China * Says the agreement is worth an estimated 23 million euros over its lifetime (198 million Norwegian crowns) * Says production under contract will be from KA's facilities in Normanton, UK and Grand River Ohio, USA, and commences in January 2015 Source text for...

Car clubs are on hand to display member's machines and there's both a high - end dealer's area with hundreds of cars for sale as well as a smaller for - sale section for cars that cost 25,000 euro or less.

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...