Euro News (EUR)

A decrease of the indicator value may contribute to the fall in quotes of EUR.

A decrease of the indicator value may contribute to the fall in quotes of EUR.

The International Monetary Fund (IMF) has revised downward its economic growth forecast for the eurozone for this year and next year, citing uncertainty in global trade and US protectionist policies as main reasons.

European Central Bank (ECB) President Christine Lagarde said in an interview with CNBC that the regulator has almost achieved its goal of bringing inflation back to 2%. However, she emphasized the importance of maintaining a flexible approach amid the uncertain global economic environment.

Luis de Guindos, Vice‑President of the European Central Bank (ECB), believes the euro could one day rival the US dollar as a reserve currency. In his opinion, this will be possible if EU countries unite in favor of integration.

At the end of last year, employment in Europe hit its highest level, and more recently the region's unemployment rate hit the lowest one. Euronews Business analyzes the situation in the EU labor market based on the latest data from OECD.

The European Central Bank (ECB) has presented the results of research, demonstrating the improvements of business activity in the Eurozone before the employment of new trade duties from Trump’s administration.

An increase of the indicator value may contribute to the fall in quotes of EUR.

European Commission President Ursula von der Leyen said in an interview with POLITICO that the sudden decision of the United States to impose large-scale tariffs on imports made many countries of the world seek cooperation with Europe.

In the view of the European Central Bank's Governing Council member Martins Kazaks, US tariffs increase uncertainty and elevate the risk of recession in the eurozone.