Sentences with phrase «many euro area»

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.

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.

«And secondly, the euro area economy proved resilient to political (and other) shocks in the last couple of years and should remain so,» the bank added.

That, of course, is the ultimate goal of the euro area, but irrevocable intermediate steps in that direction will lead to jointly determined fiscal policies and conditional financial transfers.

The European Central Bank (ECB) warned Wednesday that despite the improved economic growth in the euro area there are concerns related to a sudden increase in volatility.

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

It most probably can, partly because its main competitor, the euro area, has become a large capital exporter with increasingly unattractive financial markets, where recessions and rising unemployment are serious obstacles to fiscal consolidation.

Enhanced supervision of the euro area countries» budget process by the EU Commission is part of the sovereignty transfer required by the fiscal compact — the founding document of the future fiscal union - agreed in late 2011.

«Incoming information... confirms the strong and broad - based growth momentum in the euro area economy, which is projected to expand in the near - term at a somewhat faster pace than previously expected.»

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.

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

A weakening exchange rate is what the euro area — not just Germany — wants.

There, apparently, is no such tragedy when these things are happening in the euro area.

Business activity in the euro area hit a fresh six - year high in April on strong demand and increasing business prospects, new data showed on Friday.

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.

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.

The EU and the euro area will continue to hold together simply because nobody has an incentive to leave.

In addition to that, the euro area has (a) worsening problems of political instability (Italy without government, unfolding corruption scandals in recession - hit Spain and France), (b) dysfunctional banking systems (weak banks and their impaired lending activities despite ample liquidity supplied by the ECB) and (c) lingering uncertainties about the financial system's credibility (problems with depositor and investor protection).

And, above all, the Germans don't want to come anywhere near the common financing of euro area's debts and deficits.

The European Central Bank (ECB) dropped its easing bias on Thursday, fueling expectations that it will normalize monetary policy in the euro area.

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

In view of this, it is puzzling that these countries complained about «currency wars,» alleging that the «monetary tsunami» unleashed by the U.S. and the euro area was threatening their competitive positions by pulling up their currencies, when, in fact, the real and the rupeewere falling against the dollar and the euro.

In particular, the Euro Stoxx Banks Index jumped 0.9 percent, which meant that euro area banks have managed to recover the losses suffered in the global sell - off seen at end of 2015.

Southern European countries have surprised in recent years with growth rates above the euro area average, but the sun might stop shining in these economies soon, UBS analysts warned in a note Monday.

«In the short term, it should add to economic growth (and) in the longer term, the fact that migrants are mainly young increases the working age population and addresses worrying demographics and pension dynamics in 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.

In terms of data, the euro area reported a decrease in consumer sentiment in February from the previous month.

«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.

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

The euro area will be negatively affected -LRB--0.4 pp at 1.1 % in 2017E).

Overnight, the European Central Bank held interest rates steady amid signs the euro area's growth outlook may have softened.

In addition, Spain's rating — as well as the ratings of other euro area countries — could be adversely affected if the risk of a Greek exit from the euro area were to rise further.

Given the experience with private - sector involvement (PSI) in Greece and the intentions expressed by euro area officials around the development of the ESM, Moody's believes that the debts of euro area sovereigns that are fully dependent upon official sources to fund their borrowing requirements represent speculative - grade risk.

«At close to 50 percent, Greece has the highest ratio of non-performing loans in the euro area.

The economy has registered one of the strongest performances in the euro area in the last few years — after the troubles seen during the sovereign debt crisis.

LONDON, April 30 - Government bond yields in the euro area nudged higher on Monday as focus turned to preliminary inflation data from Germany and Italy, two of the bloc's biggest economies.

The country of 2 million became the 18th member of the euro area in January 2014.

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.

And the consumer was a bright spot: household final consumption expenditure had a positive contribution to GDP growth in the euro area and the EU28.

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.

Finally, the euro area's core CPI rose more than consensus in the latest report.

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

Then there is the euro area debt crisis, slower growth in the economy, lawsuits over foreclosure practices, and impending adjustments to capital - reserve requirements.

Much more serious problems are facing the ECB, because its credit expansion is not providing any meaningful relief to the euro area businesses and households.

But the cruel irony is that any improvement in demand and output conditions in these three countries will partly leak out and benefit the euro area countries with large trade surpluses because their economies are running on exports rather than domestic demand.

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

That is obviously an unreasonable and politically disruptive fiscal policy in a situation where the weakening banking system can not provide an effective transmission of the ECB's attempt to restart the euro area's moribund economy.

Its monetary policy has no traction because the euro area's weak, undercapitalized and, in many cases, utterly dysfunctional financial system is incapable of funding businesses and households.

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

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).