Euro area downturn quickens as services start shrinking
Publicat:The contraction of private-sector activity in the euro area intensified in August as services ceased being a bright spot and followed the industrial sector into a downturn, according to Bloomberg. The flash Purchasing Managers’ Index for the region fell to 47, further below the 50 threshold indicating growth and again a worse outcome than predicted […] The post Euro area downturn quickens as services start shrinking appeared first on Știri online, ultimele știri, presa online, ziar online - Sursazilei.ro .
Citeste articolul mai departe pe sursazilei.ro…
Sursa articol: sursazilei.ro
Stiri pe aceeasi tema
EU agrees to start talks with Bosnia in latest enlargement push
11:20, 22.03.2024 - European Union leaders agreed to open membership talks with Bosnia-Herzegovina as the bloc seeks to pull a divided Western Balkan country closer into its orbit to counter growing Russian influence, according to Bloomberg. The move is a win for a nation still fragmented since the Balkan wars of the…
Romania plans more Eurobond sales this year amid ample demand
13:31, 18.03.2024 - Romania will likely return to international debt markets later this year because of strong investor appetite for bonds, Treasury Chief Stefan Nanu said, according to Bloomberg. The eastern European nation has already raised over $8 billion in both dollar and euro-denominated debt, Nanu said in an…
Norway advises against trade, business with Israeli settlements
14:40, 07.03.2024 - The Norwegian government is discouraging the country’s companies from conducting trade and business activities that contribute to the maintenance of the Israeli settlements, underlining its existing stance, according to Bloomberg. Norwegian businesses had sought indicative guidelines from authorities,…
Germany hit with new round of air and rail transport stoppages
11:40, 07.03.2024 - Germany is experiencing a fresh wave of travel disruption after airport ground staff and train drivers separately began stoppages set to affect services into the weekend, according to Bloomberg. Deutsche Lufthansa AG said its operations on Thursday and Friday will be limited to between 10% and 20%…
EU unblocks about E2 billion from suspended funding for Hungary
18:40, 01.03.2024 - Hungary managed to unblock about E2 billion in European Union funds as Prime Minister Viktor Orban’s government made further progress in the recovery of crucial financing, according to Bloomberg. The European Commission unlocked the latest tranche after Hungary met so-called thematic conditions relating…
ECB needs more information to be sure on inflation, says Guindos
12:55, 14.02.2024 - The European Central Bank requires additional evidence that inflation is returning to its goal before it can safely begin loosening monetary policy, according to Vice President Luis de Guindos, according to Bloomberg. Officials in Frankfurt must maintain a close watch over risk factors that could still…
Bloomberg: Romania may hint at rate cut as inflation fades
10:30, 13.02.2024 - Romania’s central bank may start laying the groundwork for cutting interest rates in the coming months as a spike in inflation at the start of the year is likely to prove fleeting, according to Bloomberg. Investors will be looking for clues about the timing of the first reduction when the National…
EU cautions against trade measures to support solar sector
11:10, 06.02.2024 - The European Union needs to take into account its ambitious targets for solar power deployment before it considers any measures to curb imports of photovoltaic panels, wafers and other components, a senior EU official said on Monday, according to Reuters. European Commissioner Mairead McGuinness told…
se inchide automat in 30 secunde
