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Euro zone

  • EghtesadOnline: European authorities will close ABLV Bank AS, the Latvian lender facing U.S. accusations of money laundering tied to North Korea that’s central to the political scandal shaking the euro zone this week.

  • EghtesadOnline: Euro zone’s trade surplus shrank in August as the stronger euro fueled an import boom that was only partly offset by a rise in exports, official estimates released on Monday showed.

  • EghtesadOnline: Data in the coming week should confirm the euro zone economy is running hot, after the IMF upgraded growth forecasts and Greece returned to the debt market, although inflation figures could throw cold water on ECB plans to start tightening policy.

  • EghtesadOnline: The deluge of cash poured into the euro zone economy in recent years by the European Central Bank appears to have finally resulted in solid - and more importantly, steady - economic growth, along with rising inflationary pressures.

  • EghtesadOnline: Euro zone stocks headed for their best day in almost two years and the euro briefly vaulted to five-month peaks on Monday, after the market's favored candidate won the first round of the French election, reducing the risk of another Brexit-like shock.

  • EghtesadOnline: Gold sank the most in more than seven weeks as investors returned to riskier assets on speculation pro-growth centrist Emmanuel Macron will become France’s next president after the first round of voting, potentially removing a threat to the euro zone from one of the region’s top economies.

  • EghtesadOnline: Factories across the euro zone struggled to keep up with demand last month despite increasing activity at the fastest rate in nearly six years, according to a survey that showed them again hiking prices.

  • EghtesadOnline: Over the years, euro zone economic growth has been a bit like the Sirens in Homer's Odyssey: singing a song of promise, only to end up pulling you onto the rocks. Will it be different this time?

  • EghtesadOnline: Euro zone lenders and the International Monetary Fund have agreed between themselves to present a common stance to Greece later on Friday in talks on reforms and the fiscal path Athens must take, euro zone officials said.

  • EghtesadOnline: Surging oil prices caused inflation in the 19-country euro zone to spike in December to its highest rate in more than three years, official figures showed Wednesday.