Spain, the country where the most cash is used in the eurozone
Cash is not dead yet. At least in Spain. Despite the impulse of credit cards or digital means of payment, and even with the coronavirus … Read more
eurozone
Spain will be the country most affected by the ‘Brexit’ of the entire eurozone
The same day that the United Kingdom Government assured that the negotiation with the European Union (EU) to reach a ‘postbrexit’ agreement is at a … Read more
According to Enria, the Edis conflict blocks the EU banking union
Dhe national protection systems for the accounts of bank customers are for the chief supervisor of the European Central Bank (ECB), Andrea Enria, the greatest … Read more
Eurozone: in August, investor morale picked up a bit but remained at a low level
The morale of investors in the euro area rose in August for the fourth month in a row but still remains at a low level: … Read more
Target balance rises to more than one trillion euros
Dhe balance of the Deutsche Bundesbank from the European payment system Target 2 rose above the one billion euro mark for the first time in … Read more
Unemployment in the eurozone only increases slightly despite Corona
IIn the euro area, the rise in unemployment in the Corona crisis remains surprisingly weak. The unemployment rate in the common currency area rose to … Read more
The eurozone’s GDP suffered a record drop of 3.6% in the first quarter
The gross domestic product (GDP) of the euro area registered a contraction of 3.6% in the first quarter of 2020, after growing 0.1% in the … Read more
Lagarde warns that the Eurozone’s GDP will contract to 12% in 2020 if the worst case scenario is met
European Central Bank President Christine Lagarde warned that the euro area economy will shrink by 8-12% this year, more than she had previously predicted. In … Read more