Tag: Eurozone

IMF Affirms Eurozone Economy Growing

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Christine Lagarde, Managing Director (MD) of the International Monetary Fund (IMF) Thursday said that the euro area is beginning to record economic growth; though more needs to be done. Lagarde made this disclosure in her speech “The Interconnected Global Economy: Challenges and Opportunities for the […]

Eurozone inflation falls to 3-year low in April

Falling inflation and high unemployment puts pressure on European Central Bank to cut rates Pressure is mounting on the European Central Bank to cut interest rates this week after figures Tuesday showed inflation in the euro area at a three-year low and unemployment at another record high. Expectations were already […]