Euro-zone nations post negative inflation rate of 0.1 percent in June as prices shrink

BRUSSELS — Euro-zone nations saw consumer prices fall 0.1 percent in the year to June, the first negative inflation rate in at least a decade, the EU statistics agency said Tuesday.

EU, euro-zone business and consumer confidence climbs in June but still at low levels

BRUSSELS — European business and consumer confidence climbed for the third month in a row in June but still languished near its lowest point in two decades, the European Commission said Monday.

Euro-zone retail sales slide by record 4.2 percent in March as recession deepens

BRUSSELS — Retail trade in the 16 nations that use the euro slid by a record 4.2 percent in March from a year ago, the EU statistics agency said Wednesday, as recession-hit shoppers cut back over worries on rising unemployment.

EU revises forecasts down; predicts deep, wide recession as Germany takes global trade hit

BRUSSELS — Deepening the economic gloom in Europe, the European Union admitted Monday that its previous forecasts were way off the mark. It now predicts “a deep and widespread recession” across the continent and says unemployment among the 16 nations that use the euro will rise to a postwar record of 11.5 percent in 2010.

Euro-zone jobless to hit postwar record; economy to shrink 4 pct in 2009, Germany even more

BRUSSELS — Deepening the economic gloom in Europe, the European Union admitted Monday that its previous forecasts were way off the mark. It now predicts “a deep and widespread recession” across the continent and says unemployment among nations using the euro currency will rise to a postwar record of 11.5 percent in 2010.

EU predicts European Union and euro-zone to shrink by 4 percent this year

BRUSSELS — Europe is suffering “a deep and widespread recession,” the EU said Monday, estimating that unemployment will rise sharply over the next two years and that EU economies will shrink twice as much as it predicted only a few months ago.

EU says European Union and euro area will shrink by 4 percent this year

BRUSSELS — The European Union says Europe faces a “deep and widespread recession” and that unemployment will rise sharply over the coming two years.

Euro-zone jobless rate surges to 8.9 percent in March as April inflation stays at 0.6 percent

BRUSSELS — The jobless rate in the 16 nations that use the euro surged to 8.9 percent in March, the highest level in nearly five years, the EU statistics office said Thursday.

European business, consumer confidence bounce back in April, more evidence worst may be over

BRUSSELS — European business and consumer confidence bounced back in April for the first time in nearly two years, the European Commission said Wednesday.