YEREVAN, August 19. /ARKA/. Inflation in the eurozone slowed to 1% in July, according to official data from the EU statistics agency, down from the European Central Bank's target of just below 2%, Finmarket reported.

Consumer prices, not counting volatile factors such as energy, food and alcohol costs, rose in July by 0.9% in annual terms. The growth rate slowed down from 1.1% in June. Prices for food, alcohol and tobacco products rose in July by 1.9% compared with the same month of 2018. Energy prices rose by 0.5%, services - by 1.2%.

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Tags: Eurozone, INFLATION

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Eurozone Finance and Economic Ministers have agreed on guidelines for how the European Stability Mechanism (ESM) could directly recapitalise banks in trouble

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Tags: Banks, Eurozone, limit

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Euro gained versus dollar at the end of trading day Wednesday on released Euro zone industry production statistics for April that was better than experts’ expectations, banki.ru reported

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Tags: DOLLARS, EURO, Eurozone

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Fitch Ratings has placed the ratings of Bank of Cyprus (BOC), Cyprus Popular Bank (CPB) and Hellenic Bank (HB) on Rating Watch Negative to reflect downside rating risks arising from the deliberations to impose losses onto the banks’ depositors, Reuters reported today referring to the agency

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Tags: Banks, Cyprus, Eurozone

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European Central Bank board member Joerg Asmussen said Monday that Cyprus can adjust its bailout as long as it does not reduce its financial contributions, banki,ru reported citing France Press

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Tags: Cyprus, ECB, Eurozone

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Eurostat will publish the second assessment of the Eurozone’s 4Q GDP at 14:00 Moscow time

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Tags: economic, Eurozone

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Growth in the Commonwealth of Independent States (CIS) will be lower in 2012 than previously forecast due to the impact of

Categories: anticrisis.am @en @en, General news, News, News of the hour | Comments Off on IMF says Eurozone crisis to impact CIS growth

Tags: CIS, crisis, Eurozone, IMF

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Metals markets: gold and copper traded up and down last week against the backdrop of eurozone concerns.

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Tags: Analytics, Eurozone, gold, metals

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The banking systems of Russia and the former Soviet republics are in little danger of a major hit from the eurozone debt crisis because their direct links with eurozone banks are limited

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Tags: EURO, Eurozone, Russia

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Prime Minister of Finland Jyrki Katainen said problematic states of the euro zone should auction secured bonds for making it easier to enter the markets and reducing the cost of their borrowings, RIA Novosti reports

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Tags: bonds, Eurozone

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