Symbols of the European Union http://www.globalpost.com/taxonomy/term/30716/all en Big Mac prices show which euro zone states best at belt-tightening http://www.globalpost.com/dispatch/news/thomson-reuters/130206/big-mac-prices-show-which-euro-zone-states-best-at-belt-tighten <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>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.</p> <p>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.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130206/big-mac-prices-show-which-euro-zone-states-best-at-belt-tighten" target="_blank">read more</a></p> Business Economy of the European Union Euro Symbols of the European Union Thomson Reuters Wed, 06 Feb 2013 16:45:42 +0000 Thomson Reuters 5747768 at http://www.globalpost.com GLOBAL MARKETS-Euro slumps on ECB's Draghi; shares lower http://www.globalpost.com/dispatch/news/thomson-reuters/130207/global-markets-euro-slumps-ecbs-draghi-shares-lower <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* ECB's Draghi says will monitor impact of rising euro</p> <p>* Euro drops sharply versus dollar, yen</p> <p>* U.S. stocks slide after jobless claims, retail sales data</p> <p>By Wanfeng Zhou</p> <p>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.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130207/global-markets-euro-slumps-ecbs-draghi-shares-lower" target="_blank">read more</a></p> Economy of the European Union European Union Politics Symbols of the European Union Thomson Reuters Thu, 07 Feb 2013 16:15:19 +0000 Thomson Reuters 5749025 at http://www.globalpost.com Euro zone consumer confidence up a fraction in March http://www.globalpost.com/dispatch/news/thomson-reuters/130320/euro-zone-consumer-confidence-fraction-march <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>BRUSSELS (Reuters) - Euro zone consumer confidence improved marginally in March from last month, figures released on Wednesday showed.</p> <p>The European Commission said a flash estimate euro zone consumer morale was -23.5, a fraction up from -23.6 in February.</p> <p>A Reuters poll of economists had expected a rise to -23.3.</p> <p>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.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130320/euro-zone-consumer-confidence-fraction-march" target="_blank">read more</a></p> Business Economy of the European Union Euro Symbols of the European Union Thomson Reuters Wed, 20 Mar 2013 15:30:25 +0000 Thomson Reuters 5788830 at http://www.globalpost.com Euro zone sentiment drops in March, ends four months of gains http://www.globalpost.com/dispatch/news/thomson-reuters/130327/euro-zone-sentiment-drops-march-ends-four-months-gains <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>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.</p> <p>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.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130327/euro-zone-sentiment-drops-march-ends-four-months-gains" target="_blank">read more</a></p> Consumer behaviour Economy of the European Union Symbols of the European Union Thomson Reuters Wed, 27 Mar 2013 10:45:03 +0000 Thomson Reuters 5795150 at http://www.globalpost.com Euro zone consumer confidence rises in April http://www.globalpost.com/dispatch/news/thomson-reuters/130422/euro-zone-consumer-confidence-rises-april <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>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.</p> <p>The Commission said consumer confidence in the 17-member euro zone rose to -22.3 this month from a March figure of -23.5.</p> <p>The reading beat expectations of economists polled by Reuters, who had expected a deterioration to -23.85.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2013.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130422/euro-zone-consumer-confidence-rises-april" target="_blank">read more</a></p> Business Consumer behaviour Economy of the European Union Symbols of the European Union Thomson Reuters Mon, 22 Apr 2013 14:30:04 +0000 Thomson Reuters 5822283 at http://www.globalpost.com Improved manufacturing data boosts euro; yen slips http://www.globalpost.com/dispatch/news/afp/130701/improved-manufacturing-data-boosts-euro-yen-slips <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>The euro traded higher against the dollar and other major currencies Monday after eurozone manufacturing data came in better than expected, raising hopes of a return to growth in the region.</p> <p>But the Japanese yen sagged despite a rise in manufacturer sentiment there.</p> <p>The euro picked up to $1.3061 at 2100 GMT, compared with $1.3013 late Friday.</p> <p>The euro rose to 130.17 yen from 128.99, while the dollar moved to 99.66 yen from 99.11.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2013.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/130701/improved-manufacturing-data-boosts-euro-yen-slips" target="_blank">read more</a></p> Currency Economy of the European Union Symbols of the European Union AFP Mon, 01 Jul 2013 22:31:38 +0000 Agence France-Presse 5872975 at http://www.globalpost.com Dollar weakens in Asia after housing data boost http://www.globalpost.com/dispatch/news/afp/130725/dollar-weakens-asia-after-housing-data-boost <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>The dollar weakened in Asia Thursday morning after getting a boost from upbeat US housing figures, while the euro was mixed following a rare piece of good news for the eurozone economy.</p> <p>In morning Tokyo trading, the greenback slipped to 100.13 yen from 100.26 yen in New York late Wednesday, while the euro eased to 132.22 yen from 132.34 yen.</p> <p>The single currency slightly rose to $1.3207 from $1.3199 yen.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2013.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/130725/dollar-weakens-asia-after-housing-data-boost" target="_blank">read more</a></p> Currency Economy of the European Union Symbols of the European Union AFP Thu, 25 Jul 2013 06:02:35 +0000 Agence France-Presse 5893134 at http://www.globalpost.com Euro zone consumer confidence improves strongly in March http://www.globalpost.com/dispatch/news/thomson-reuters/140321/euro-zone-consumer-confidence-improves-strongly-march <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>BRUSSELS (Reuters) - Consumer confidence in the euro zone rose by much more than expected in March following a surprise fall in February, the European Commission said on Friday, adding momentum to the bloc's recovery.</p> <p>The European Commission said in a flash estimate that euro zone consumer morale jumped to -9.3 points from -12.7 points in February, beating market expectations of an improvement to -12.4 points in March.</p> <p>In the European Union as a whole, consumer sentiment also improved to -6.7 points from -9.3 points in February.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2014.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/140321/euro-zone-consumer-confidence-improves-strongly-march" target="_blank">read more</a></p> Economy of the European Union Euro Symbols of the European Union Thomson Reuters Fri, 21 Mar 2014 15:33:36 +0000 Thomson Reuters 6101512 at http://www.globalpost.com Euro zone consumer confidence improves strongly in March http://www.globalpost.com/dispatch/news/thomson-reuters/140321/euro-zone-consumer-confidence-improves-strongly-march <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>BRUSSELS (Reuters) - Consumer confidence in the euro zone rose by much more than expected in March following a surprise fall in February, the European Commission said on Friday, adding momentum to the bloc's recovery.</p> <p>The European Commission said in a flash estimate that euro zone consumer morale jumped to -9.3 points from -12.7 points in February, beating market expectations of an improvement to -12.4 points in March.</p> <p>In the European Union as a whole, consumer sentiment also improved to -6.7 points from -9.3 points in February.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2014.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/140321/euro-zone-consumer-confidence-improves-strongly-march" target="_blank">read more</a></p> Economy of the European Union Euro Symbols of the European Union Thomson Reuters Fri, 21 Mar 2014 15:33:36 +0000 Thomson Reuters 6101511 at http://www.globalpost.com Euro zone confidence falls in July, bodes ill for recovery http://www.globalpost.com/dispatch/news/thomson-reuters/140723/euro-zone-confidence-falls-july-bodes-ill-recovery <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>BRUSSELS (Reuters) - Consumer confidence in the euro zone deteriorated much more than expected in July, adding to worries about the health of the bloc's economic recovery, European Commission preliminary data showed on Wednesday.</p> <p>The 18 countries using the euro saw consumer confidence falling to -8.4 in July from a revised -7.5 in June, showing the worst reading since April, when it stood at -8.6.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2014.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/140723/euro-zone-confidence-falls-july-bodes-ill-recovery" target="_blank">read more</a></p> Economy of the European Union Euro Symbols of the European Union Technology Thomson Reuters Wed, 23 Jul 2014 15:51:47 +0000 Thomson Reuters 6213148 at http://www.globalpost.com