Eurozone news

Here are some recent news updates from the Eurozone:

Economic News

• The Eurozone economy grew by 0.2% in the fourth quarter of 2022, according to preliminary estimates from the European Commission. This is a slower pace than the 0.3% growth seen in the previous quarter. (Source: Reuters)
• The European Central Bank (ECB) has raised its inflation forecast for the Eurozone, predicting that prices will rise by 2.6% in 2023, up from its previous forecast of 2.2%. (Source: Bloomberg)
• The Eurozone's unemployment rate fell to 6.8% in December 2022, the lowest level since 2008. (Source: Eurostat)

Policy News

• The ECB has announced that it will end its asset purchase program in March 2023, marking the end of its quantitative easing policy. (Source: ECB)
• The European Union has agreed on a new set of economic sanctions against Russia, including a ban on Russian oil imports. (Source: BBC)
• The Eurozone's finance ministers have agreed on a plan to reform the EU's budget rules, aimed at reducing debt and increasing investment. (Source: Financial Times)

Country-Specific News

• Germany's economy grew by 0.1% in the fourth quarter of 2022, according to preliminary estimates. (Source: Destatis)
• France's economy grew by 0.3% in the fourth quarter of 2022, according to preliminary estimates. (Source: INSEE)
• Italy's economy contracted by 0.1% in the fourth quarter of 2022, according to preliminary estimates. (Source: ISTAT)

Other News

• The Eurozone's trade surplus widened to €24.1 billion in December 2022, according to preliminary estimates. (Source: Eurostat)
• The European Union has launched a new initiative to promote sustainable finance, aimed at encouraging investment in environmentally-friendly projects. (Source: EU Commission)
• The Eurozone's consumer confidence index fell to -14.4 in January 2023, according to a survey by the European Commission. (Source: EC)