Euro Zone

Euro Zone coverage from Reuters.

Business Newsa day ago

The Netherlands is willing to pay more into the next EU budget but the figures must take into account the Brexit hole, Dutch Prime Minister Mark Rutte said after the bloc's national leaders failed to agree on their joint spending from 2021 in two days of fraught talks.

Business Newsa day ago

German Chancellor Angela Merkel said on Friday the two-day summit of EU leaders failed to agree on the bloc's next budget from 2021.

Business Newsa day ago

European Union leaders appeared no closer to reaching a deal on the bloc's next joint budget on Friday, with deep divisions between richer and poorer nations over its size - and what to spend it on - unresolved after all-night talks.

Business Newsa day ago

FILE PHOTO: A steel worker of Germany's industrial conglomerate ThyssenKrupp AG stands a mid of emitting sparks of raw iron from a blast furnace at Germany's largest steel factory in Duisburg, Germany. Picture taken January, 28, 2019.    REUTERS/Wolfgang Rattay/File Photo

Business activity in the euro zone accelerated more than expected this month, a business survey showed on Friday, in welcome news for policymakers at the European Central Bank who are battling to revive growth and chronically low inflation.

Brexit2 days ago

FILE PHOTO: European Union flags fly outside the European Commission headquarters in Brussels, Belgium, April 10, 2019. REUTERS/Yves Herman

EU leaders made no headway on Thursday in fractious talks on a joint 2021-27 budget that was left with a 75 billion euro (62.9 billion pounds) hole after Britain's departure at a time when they face costly new challenges from climate change to migration.

Business News2 days ago

European Union leaders start two days of tough talks on Thursday on a joint seven-year budget from 2021 and must work out how to fill a 75 billion euro ($81 billion) hole left by Britain's departure just as they face costly climate, migration and development challenges.

Business News2 days ago

FILE PHOTO: European Economic Commissioner Paolo Gentiloni addresses a news conference on the EU's winter economic forecast, in Brussels Belgium February 13, 2020. REUTERS/Yves Herman

The expected rebound of the Italian, French and German economies after the slowdown in the end of 2019 is now uncertain following coronavirus, the EU Commissioner for Economic Affairs Paolo Gentiloni told Italian radio.

Business News3 days ago

FILE PHOTO: European Union flags fly outside the European Commission headquarters in Brussels, Belgium, April 10, 2019. REUTERS/Yves Herman/File Photo

European Union leaders will clash this week over the EU's 2021-2027 budget as Britain's exit leaves a 75 billion euro ($81 billion) hole in the bloc's finances just as it faces costly challenges such as becoming carbon neutral by 2050.

Environment3 days ago

FILE PHOTO: European Union flags fly outside the European Commission headquarters in Brussels, Belgium, February 19, 2020. REUTERS/Yves Herman

EU leaders meet in Brussels on Thursday to haggle over the bloc's next seven-year budget, a hole of up to 80 billion euros ($86.3 billion) created by Brexit, and the need to finance initiatives including the 1 trillion euro European Green Deal.

Technology News3 days ago

FILE PHOTO: Different types of 4G, 5G and data radio relay antennas for mobile phone networks are pictured on a relay mast operated by Vodafone in Berlin, Germany, April 8, 2019. REUTERS/Fabrizio Bensch/File Photo

Vodafone <VOD.L> and Telekom Italia <TLIT.MI> have offered to allow rivals access to sites in some cities for up to nine years, a proposal aimed at allaying EU antitrust concerns over the creation of Italy’s largest mobile tower company, according to an EU document seen by Reuters.

Technology News4 days ago

FILE PHOTO: European Economic Commissioner Paolo Gentiloni addresses a news conference on the EU's winter economic forecast, in Brussels Belgium February 13, 2020. REUTERS/Yves Herman/File Photo

A global reform of the taxation of corporate digital revenues is very unlikely if the United States continues backing a "safe harbor" plan which would allow firms to choose how to be taxed, European Union tax commissioner Paolo Gentiloni said on Tuesday.

Business News4 days ago

FILE PHOTO: French Finance Minister Bruno Le Maire reacts after his New Year address to France's economic officials and the media at the Bercy Finance Ministry in Paris, France, January 7, 2020. REUTERS/Charles Platiau/File Photo

The euro zone should be ready to spend more if a downturn hits its economy, Germany's finance minister and his counterparts in the bloc said on Tuesday, in a first cautious hint at stepping up public investment.

Business News5 days ago

European Central Bank President Christine Lagarde and Portuguese Minister of Finance Mario Centeno react as they attend an Eurozone Finance Ministers meeting in Brussels, Belgium, February 17, 2020. REUTERS/Francois Lenoir

Euro zone finance ministers discussed ways to pursue a more growth-friendly fiscal policy mix on Monday, in a potential nudge to Germany and the Netherlands to spend more as fears of a downturn grow in the wake of the coronavirus epidemic.

Business News5 days ago

A flag is seen outside the Houses of Parliament near the statue of former Prime Minister Winston Churchill in London, Britain January 29, 2020. REUTERS/Simon Dawson

Britain does not need any special arrangements in its future relationship with the European Union, Prime Minister Boris Johnson's spokesman said on Monday, adding that it wants a trade agreement similar to other deals the EU has struck.

Business News6 days ago

FILE PHOTO: The logo of the European Central Bank (ECB) is pictured outside its headquarters in Frankfurt, Germany, December 8, 2016.  REUTERS/Ralph Orlowski

The European Central Bank's negative interest rate policy is not harming the euro zone economy but will not succeed in bringing inflation up to the central bank's target, a Reuters poll of economists found.

Brexit8 days ago

European Union flags flutter outside the EU Commission headquarters in Brussels, Belgium, May 2, 2018. REUTERS/Francois Lenoir

The chairman of the European Union's leaders proposed on Friday filling the hole left by Britain in the bloc's next long-term budget with revenue from a new tax on plastics and funds from trading carbon emissions.

Technology News8 days ago

FILE PHOTO: File photo: The Google logo is seen at an event in Paris, France May 16, 2019. REUTERS/Charles Platiau/File Photo

Europe wants the world's financial leaders to make it their top priority this year to reach a deal on global rules for taxing digital giants like Google <GOOGL.O>, Amazon <AMZN.O> and Facebook <FB.O>, a document showed.

Business News8 days ago

FILE PHOTO: The financial district with Germany's Deutsche Bank and Commerzbank is pictured in Frankfurt, Germany, March 18, 2019. REUTERS/Ralph Orlowski

Euro zone economic growth slowed as expected in the last three months of 2019 as gross domestic product shrank in France and Italy against the previous quarter, but employment growth picked up more than expected, official estimates showed on Friday.

Environment10 days ago

FILE PHOTO: Greenpeace activists demonstrate in favour of cities banning diesel cars to help reduce air pollution, in Leipzig, Germany, February 27, 2018. The placards read: "Health risk." REUTERS/Fabrizio Bensch

Major European cities are asking the European Union for direct access to funds in the bloc's next long-term budget to help the EU reach its goal of becoming neutral in terms of carbon dioxide emissions by 2050, a letter showed on Wednesday.

Business News12 days ago

FILE PHOTO: European Union flags fly outside the European Commission headquarters in Brussels, Belgium, October 4, 2019. REUTERS/Yves Herman/File Photo

Investor morale in the euro zone fell for the first time in four months in February over fears that China will not be able to contain the coronavirus outbreak, a survey showed on Monday.

Business Newsa day ago

The Netherlands is willing to pay more into the next EU budget but the figures must take into account the Brexit hole, Dutch Prime Minister Mark Rutte said after the bloc's national leaders failed to agree on their joint spending from 2021 in two days of fraught talks.

Business Newsa day ago

German Chancellor Angela Merkel said on Friday the two-day summit of EU leaders failed to agree on the bloc's next budget from 2021.

Business Newsa day ago

European Union leaders appeared no closer to reaching a deal on the bloc's next joint budget on Friday, with deep divisions between richer and poorer nations over its size - and what to spend it on - unresolved after all-night talks.

Business Newsa day ago

FILE PHOTO: A steel worker of Germany's industrial conglomerate ThyssenKrupp AG stands a mid of emitting sparks of raw iron from a blast furnace at Germany's largest steel factory in Duisburg, Germany. Picture taken January, 28, 2019.    REUTERS/Wolfgang Rattay/File Photo

Business activity in the euro zone accelerated more than expected this month, a business survey showed on Friday, in welcome news for policymakers at the European Central Bank who are battling to revive growth and chronically low inflation.

Brexit2 days ago

FILE PHOTO: European Union flags fly outside the European Commission headquarters in Brussels, Belgium, April 10, 2019. REUTERS/Yves Herman

EU leaders made no headway on Thursday in fractious talks on a joint 2021-27 budget that was left with a 75 billion euro (62.9 billion pounds) hole after Britain's departure at a time when they face costly new challenges from climate change to migration.

Business News2 days ago

European Union leaders start two days of tough talks on Thursday on a joint seven-year budget from 2021 and must work out how to fill a 75 billion euro ($81 billion) hole left by Britain's departure just as they face costly climate, migration and development challenges.

Business News2 days ago

FILE PHOTO: European Economic Commissioner Paolo Gentiloni addresses a news conference on the EU's winter economic forecast, in Brussels Belgium February 13, 2020. REUTERS/Yves Herman

The expected rebound of the Italian, French and German economies after the slowdown in the end of 2019 is now uncertain following coronavirus, the EU Commissioner for Economic Affairs Paolo Gentiloni told Italian radio.

Business News3 days ago

FILE PHOTO: European Union flags fly outside the European Commission headquarters in Brussels, Belgium, April 10, 2019. REUTERS/Yves Herman/File Photo

European Union leaders will clash this week over the EU's 2021-2027 budget as Britain's exit leaves a 75 billion euro ($81 billion) hole in the bloc's finances just as it faces costly challenges such as becoming carbon neutral by 2050.

Environment3 days ago

FILE PHOTO: European Union flags fly outside the European Commission headquarters in Brussels, Belgium, February 19, 2020. REUTERS/Yves Herman

EU leaders meet in Brussels on Thursday to haggle over the bloc's next seven-year budget, a hole of up to 80 billion euros ($86.3 billion) created by Brexit, and the need to finance initiatives including the 1 trillion euro European Green Deal.

Technology News3 days ago

FILE PHOTO: Different types of 4G, 5G and data radio relay antennas for mobile phone networks are pictured on a relay mast operated by Vodafone in Berlin, Germany, April 8, 2019. REUTERS/Fabrizio Bensch/File Photo

Vodafone <VOD.L> and Telekom Italia <TLIT.MI> have offered to allow rivals access to sites in some cities for up to nine years, a proposal aimed at allaying EU antitrust concerns over the creation of Italy’s largest mobile tower company, according to an EU document seen by Reuters.

Technology News4 days ago

FILE PHOTO: European Economic Commissioner Paolo Gentiloni addresses a news conference on the EU's winter economic forecast, in Brussels Belgium February 13, 2020. REUTERS/Yves Herman/File Photo

A global reform of the taxation of corporate digital revenues is very unlikely if the United States continues backing a "safe harbor" plan which would allow firms to choose how to be taxed, European Union tax commissioner Paolo Gentiloni said on Tuesday.

Business News4 days ago

FILE PHOTO: French Finance Minister Bruno Le Maire reacts after his New Year address to France's economic officials and the media at the Bercy Finance Ministry in Paris, France, January 7, 2020. REUTERS/Charles Platiau/File Photo

The euro zone should be ready to spend more if a downturn hits its economy, Germany's finance minister and his counterparts in the bloc said on Tuesday, in a first cautious hint at stepping up public investment.

Business News5 days ago

European Central Bank President Christine Lagarde and Portuguese Minister of Finance Mario Centeno react as they attend an Eurozone Finance Ministers meeting in Brussels, Belgium, February 17, 2020. REUTERS/Francois Lenoir

Euro zone finance ministers discussed ways to pursue a more growth-friendly fiscal policy mix on Monday, in a potential nudge to Germany and the Netherlands to spend more as fears of a downturn grow in the wake of the coronavirus epidemic.

Business News5 days ago

A flag is seen outside the Houses of Parliament near the statue of former Prime Minister Winston Churchill in London, Britain January 29, 2020. REUTERS/Simon Dawson

Britain does not need any special arrangements in its future relationship with the European Union, Prime Minister Boris Johnson's spokesman said on Monday, adding that it wants a trade agreement similar to other deals the EU has struck.

Business News6 days ago

FILE PHOTO: The logo of the European Central Bank (ECB) is pictured outside its headquarters in Frankfurt, Germany, December 8, 2016.  REUTERS/Ralph Orlowski

The European Central Bank's negative interest rate policy is not harming the euro zone economy but will not succeed in bringing inflation up to the central bank's target, a Reuters poll of economists found.

Brexit8 days ago

European Union flags flutter outside the EU Commission headquarters in Brussels, Belgium, May 2, 2018. REUTERS/Francois Lenoir

The chairman of the European Union's leaders proposed on Friday filling the hole left by Britain in the bloc's next long-term budget with revenue from a new tax on plastics and funds from trading carbon emissions.

Technology News8 days ago

FILE PHOTO: File photo: The Google logo is seen at an event in Paris, France May 16, 2019. REUTERS/Charles Platiau/File Photo

Europe wants the world's financial leaders to make it their top priority this year to reach a deal on global rules for taxing digital giants like Google <GOOGL.O>, Amazon <AMZN.O> and Facebook <FB.O>, a document showed.

Business News8 days ago

FILE PHOTO: The financial district with Germany's Deutsche Bank and Commerzbank is pictured in Frankfurt, Germany, March 18, 2019. REUTERS/Ralph Orlowski

Euro zone economic growth slowed as expected in the last three months of 2019 as gross domestic product shrank in France and Italy against the previous quarter, but employment growth picked up more than expected, official estimates showed on Friday.

Environment10 days ago

FILE PHOTO: Greenpeace activists demonstrate in favour of cities banning diesel cars to help reduce air pollution, in Leipzig, Germany, February 27, 2018. The placards read: "Health risk." REUTERS/Fabrizio Bensch

Major European cities are asking the European Union for direct access to funds in the bloc's next long-term budget to help the EU reach its goal of becoming neutral in terms of carbon dioxide emissions by 2050, a letter showed on Wednesday.

Business News12 days ago

FILE PHOTO: European Union flags fly outside the European Commission headquarters in Brussels, Belgium, October 4, 2019. REUTERS/Yves Herman/File Photo

Investor morale in the euro zone fell for the first time in four months in February over fears that China will not be able to contain the coronavirus outbreak, a survey showed on Monday.

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