In total, 18.49 million people were out of work in the eurozone
in September, up 146,000 on the previous month.
BRITAIN is prepared for the worst if the eurozone
reaches crisis point, Nick Clegg has said.
Cyprus had the fourth lowest interest rate for consumer loans in the Eurozone
after Luxembourg, Spain and Belgium, while the Eurozone
average was 4.92%.
Since 2010, many measures have been adopted to "crisis-proof the eurozone
. In addition to tighter budgetary rules and the start of a banking union, new efforts are underway to strengthen the European Stability Mechanism, which is now meant to serve as a backstop for the Single Resolution Fund.
Since 2010, many measures have been adopted to "crisis-proof" the eurozone
. In addition to tighter budgetary rules and the start of a banking union, new efforts are underway to strengthen the European Stability Mechanism (ESM), which is now meant to serve as a backstop for the Single Resolution Fund (SRF).
At a recent Eurogroup meeting, eurozone
finance ministers agreed on reforms to allow fundamentally "sound" member states to access "contingent" ESM credit lines if they meet certain conditions, and for all sovereign-bond contracts to include collective-action clauses by 2022.
London: Fitch Ratings said global bond yields could see upward pressure if net capital outflows from the eurozone
start to subside when the ECB ends its quantitative easing (QE) in December 2018.
economy has enjoyed its best year in a decade, in the first clear evidence that it has broken out of the prolonged debt crisis that raised fears about the survival of the euro currency itself.
economy has best growth in a decade THE eurozone
economy enjoyed its best year in a decade over 2017, official figures show.
Central bank chiefs from France and Germany said Monday that the state of the eurozone
is far from ideal and pushed for greater financial integration in the 28-member bloc.
In 2012, all economists' eyes were on the European Union, watching as Greece threatened to exit the Eurozone