Tag: Euro zone finance

• Thursday, May 3rd 2018 - 08:13 UTC

  Euro zone economy grows faster than the UK in the first quarter

  

  The European Union economy slowed in the first quarter of the year, official Eurostat figures have showed. Economic growth in the Euro zone slowed to 0.4% for the period from January to March 2018, compared with 0.7% in the previous quarter. Growth in the 19-country single currency bloc reached 2.5% year-on-year.

• Thursday, July 19th 2012 - 18:45 UTC

  Spanish banks have 155.8bn Euros in ‘doubtful loans’, the highest since 1994

  

  Spain's banks had 155.84bn Euros of loans on their books in May that are at risk of not being repaid, the highest since 1994.