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Euro zone consumer confidence rises in April

April 22, 2013 10:30
BRUSSELS (Reuters) - Consumer morale in the euro zone improved in April, the European Commission said on Monday, but remained well below the currency area's long-term average. The Commission said consumer confidence in the 17-member euro zone rose to -22.3 this month from a March figure of -23.5. The reading beat expectations of economists polled by Reuters, who had expected a deterioration to -23.85.

Euro zone sentiment drops in March, ends four months of gains

March 27, 2013 06:45
BRUSSELS (Reuters) - Confidence in the euro zone's economy worsened in March, falling after four straight months of gains, the European Commission said on Wednesday. Economic sentiment in the 17 countries using the euro decreased by a worse-than-expected 1.1 points to 90.0. Economists polled by Reuters had expected a decline to 90.4.

Euro zone consumer confidence up a fraction in March

March 20, 2013 11:30
BRUSSELS (Reuters) - Euro zone consumer confidence improved marginally in March from last month, figures released on Wednesday showed. The European Commission said a flash estimate euro zone consumer morale was -23.5, a fraction up from -23.6 in February. A Reuters poll of economists had expected a rise to -23.3. Making up over half of euro zone economic output, consumer spending has remained constrained as Europe's debt crisis limits household incomes, slowing economic recovery.

GLOBAL MARKETS-Euro slumps on ECB's Draghi; shares lower

February 7, 2013 12:15
* ECB's Draghi says will monitor impact of rising euro * Euro drops sharply versus dollar, yen * U.S. stocks slide after jobless claims, retail sales data By Wanfeng Zhou Feb 7 (Reuters) - The euro fell broadly on Thursday after the European Central Bank's chief said policymakers will monitor the impact of a rising currency, while U.S. stocks slid after jobless claims and mixed retail sales data.

Big Mac prices show which euro zone states best at belt-tightening

February 6, 2013 12:45
BRUSSELS, Feb 6 (Reuters) - Forget about statistics for employment and industrial production, it is being claimed that the price of a hamburger is showing where Europe's economic reforms are working - and where they are not. By studying the different prices for McDonald's Big Mac burger throughout the euro zone between July 2011 and January 2013, Guntram Wolff, an economist at think-tank Bruegel, found evidence that struggling countries like Ireland had tightened their belts and others had not.
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