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EUROZONE SERVICES COSTS
EU bets on digital euro to cut US tech addictionThe EU believes a digital euro is the answer to cutting its addiction to US payment systems like Visa and Mastercard as well as Apple Pay a...- Nifty’s hidden discount sale: 54% of top Indian stocks are cheaper now than in 2023. Is it time to buy?Over half of India's top Nifty50 stocks are now trading at lower forward P/E multiples than in 2023, indicating a significant valuation cor...
- Global Market: Eurozone inflation stays above ECB target as fuel costs begin to filter throughInflation across the euro zone’s four largest economies stayed above the European Central Bank’s 2% target for a third consecutive month in...
- Eurozone inflation jumps to 1.9%, oil surge adds fresh pressureFebruary saw a surprising jump in inflation across the euro zone, largely driven by rising costs for food and services. This increase could...
- Eurozone inflation rebounds further in November: dataIn November, the eurozone's annual inflation rate rose to 2.3 percent, driven by resilient energy prices. Despite this increase, the Europe...
- German inflation falls below 2% for first time since 2021German inflation dropped to its lowest level in over three years in August, marking a significant decline to 1.9 percent from 2.3 percent i...
- ECB to opt for summer pause after initial rate cutThe European Central Bank (ECB) is expected to hold interest rates steady, following June’s cut from 4% to 3.75%. ECB President Christine L...
- ECB to start rate cuts but sticky inflation clouds path aheadThe European Central Bank (ECB) is set to reduce eurozone interest rates from historic highs this week, with a quarter-point cut expected o...
- Eurozone business activity speeds up in MayThe HCOB Flash Eurozone purchasing managers' index (PMI) published by S&P Global recorded a figure of 52.3, up from 51.7 in April and the h...
- Inflation hits 9.1% in countries using euro currencyAnnual inflation in the eurozone's 19 countries rose to 9.1% in August, up from 8.9% in July, according to the latest figures released Wedn...
- Eurozone economy shrinks again, hit by inflationThe S&P Global Flash Eurozone PMI index dropped to its lowest level in 18 months as rising prices hurt demand for services and supplies to ...
- Eurozone economy took record hit in March: IHS MarkitThe IHS index for the month was 29.7 -- down from Markit's first estimate for March of 31.4.
- A stealth eurozone integration will hurt members and Germany will bear disproportionate painStealth integration will have big costs. Adherence to austerity policies could mire the peripheral nations in recession.
- EU crisis: Impact on India and what corporates have to sayIf banks in eurozone blow up, Indian exporters may be better positioned to move on to growing markets in Africa and Asia, which the Europea...
- If Eurozone doesn't implode, Infosys will stick to guidance: BG SrinivasDespite a lot of criticism from various stakeholders, BG Srinivas is confident Infosys' current strategy will pay off in the medium-to-long...
- Fall in rupee will hurt exporters in long run: Namo Narain Meena, Minister of State for FinanceHowever, he added that rupee depreciation could also increase the value of incoming dividend/profits, remittances in rupee terms.
- Global, local woes take a toll on domestic broking firms: Gagan Randev, Religare SecuritiesThe market could fall as much as 15% if the eurozone crisis deteriorates and the government is unable to push ahead economic reforms,.
- Euro collapse would be "catastrophic": Tony BlairWith the Eurozone crisis leading to the resignation of the PMs of Greece and Italy, Tony Blair said the collapse of the euro would be "cata...
- Greek borrowing costs at new highs after downgradeThree weeks away from potential default, Greece saw its borrowing costs spiral higher once again Wednesday, a day after ratings agency Stan...
- European Central Bank set to keep rates unchangedThe European Central Bank is set to indicate that borrowing costs will remain low for much, if not all, of this year as the recovery from r...
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