Euro area’s Economic Sentiment Indicator (ESI) recorded a 3.6 points increase to reach 91.1, above 89.0 analysts’ estimate, according to the press release. Confidence fueled by declining pessimism in industry,…
Factory activity expanded in August, three months in a row, after the spring contraction due to COVID-19 pandemic, according to press release. Key measure of state manufacturing was 13.1, slightly…
Issuance will hit 50.5 billion euros in Q4, according to press release. Stimulus to cushion economy from damage by coronavirus. Total volume for Treasury discount paper (Bubills) expected to be…
Economic activity as of 10th September 2020 in the euro area remained strong in line with the previous expectations, according to ECB press release. Manufacturing improving, but slowdowns in service…
September business activity within the Eurozone hit monthly lows, according to PMI press release. Rising COVID-19 infections contributed to the downturn - HIS Markit’s chief business economist Chris Williamson. Divergent…
European Central Bank (ECB) officials are working on a plan to sell hundreds of billions of euros of bank loans in an Amazon-like website, according to a press release. The…
ECB is moving towards freezing the dividend payments at the beginning of 2021, stated by Bloomberg. Several members of the supervisory board of the ECB, who supported the initial requests…
State-owned Bankia and the boards of Spain’s CaxiaBank have approved the M&A deal between two lenders, according to a release published on Friday. The merger will create the biggest retail…