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Eurozone

EU cuts eurozone growth forecast

Reflecting lower energy prices, the commission revised its inflation forecast sharply down from 3.2 percent — although it still remains above the ECB’s two-percent target…reports Asian Lite News The forecasts by the
February 16, 2024

Eurozone Inflation Bounces Back

Yearly inflation in the eurozone is still driven by the prices of food, alcohol and tobacco…reports Asian Lite News The eurozone’s yearly inflation rate rebounded in December 2023 after a steady decline
January 6, 2024

Eurozone falls into recession

Europe’s economy has been hit by the economic disruption caused by the Ukraine war, which has pushed up energy and food prices…reports Asian Lite News The Eurozone has fallen into recession, new
June 8, 2023
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