eurozone
The eurozone PMI for September was poor enough to create anxiety about whether the region has truly recovered from the Great Recession.
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German PMI contracted during September, the first such contraction in 15 months.
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Source: ThinkstockEconomics analysis firm Markit reported that Eurozone Manufacturing PMI reached a 13-month lost in August.The official announcement:The rate of expansion in eurozone manufacturing...
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Source: ThinkstockWith all the quantitative easing in the United States, Europe, Japan, China and elsewhere, you would think that trajectory for the global recovery and global growth is well on...
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Source: thinkstockThe European Central Bank announced a negative interest rate policy on Thursday. It may not have been enough for the stimulus-addiction crowd, but this is truly an experiment. If...
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Source: ThinkstockThe seasonally adjusted unemployment rate in the 17-nation eurozone was 12.0% in December, according to Eurostat, the statistical office of the European Union. The rate has been...
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If unemployment is at the foundation of measurements of national economic health, then the euro area and European Union remain crippled with little hope in sight for a recovery.
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Source: ThinkstockGlobal financial information services company Markit has released final November Purchasing Managers’ Index (PMI) data. Overall, growth in economic activity was modest, aside from...
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Source: thinkstockShares of National Bank of Greece S.A. (NYSE: NBG) are chugging higher on Thursday. There has not been any direct news out of the company to account for the gain, but the national...
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Source: ThinkstockBusiness activity in the eurozone’s private sector grew at a slower pace in October, according to data firm Markit. Its flash Composite Purchasing Managers Index (PMI) came in at...
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Source: ThinkstockIf the European economy has improved at all, it has not shown up in unemployment numbers among the region’s weakest nations.According to Eurostat, within the region:Among the...
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Source: ThinkstockLabor Day is a holiday meant to honor the working man and the working woman. Its roots are more than 100 years old now. The question that comes to mind in today’s age of high...
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Source: ThinkstockChina’s purchasing managers’ index (PMI) figure for July was weak, or modest, depending on the source, but certainly no cause for optimism about a sharp slowing of the world’s...
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Source: thinkstockStandard & Poor’s has decided that the corporate credit ratings for the National Bank of Greece S.A. (NYSE: NBG) are affirmed at “CCC/C.” What remains a caution is that the...
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Source: ThinkstockTo the naked eye, new data from Spain’s National Statistics Institute appears positive. The unemployment rate in the second quarter was 26.3%, down from 27.2% in the first three...
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