Tag: #Eurozone
-
French Government Collapses as PM François Bayrou Loses Confidence Vote
Paris – September 5, 2025 (CNN): France has plunged into political turmoil after lawmakers voted to oust Prime Minister François Bayrou, forcing him to resign just nine months into office. The dramatic no-confidence vote on Monday has left the country without a government at a time of rising economic stress and mounting global tensions. Bayrou called…
-
Europe markets sink in opening deals
European markets suffer losses in opening deals on Friday.
-
EU ministers fail to advance eurozone reforms
Brussels, Dec 5 (AFP/APP): European finance ministers failed to strike an agreement on reforming the eurozone, due to the strong resistance of Italy and Germany, a top official said Thursday. Ministers were expected to agree on reforming the eurozone’s bailout fund as well as on a timetable to complete the EU’s banking union, but stopped…
-
IMF cuts eurozone growth outlook as Germany lags
Brussels, Oct 15 (AFP/APP): The IMF slashed its growth estimates for the eurozone on Tuesday, which was dragged lower by export-powerhouse Germany, Europe’s biggest economy and a casualty of the global trade war. Along with emerging economies, the IMF said the eurozone was a key contributor to the cooling global economy — with matters possibly…
-
Spain lowers growth forecast for 2019 and 2020
Madrid, Oct 15 (AFP/APP): The Spanish government on Tuesday slightly lowered its growth projections for 2019 and 2020 due to the slowdown in the global economy. In draft budget plans submitted to the European Commission, the Socialist government, which is gearing up for fresh general elections on November 10, said it expected the economy to…
-
Eurozone stocks rebound; London open delayed
London, Aug 16 (AFP/APP):Eurozone stock markets recovered at the start of trading Friday, but the opening of London’s benchmark FTSE 100 index was delayed owing to a “trading” issue according to its operator. In the eurozone, Frankfurt’s DAX 30 climbed 0.5 percent to 11,471.02 points and the Paris CAC 40 won 0.4 percent to 5,258.88…
-
Women of Substance
From amongst the forward looking women in the international arena, miss Ursula Lenne of Germany fills in the top job making it narrowly to become the first ever President of the European Commission only to replace Claude Junker who remained the President till the expiration of his term. Miss Christine Legarde on the other hand…