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Hungary's central bank lowered its key interest rates by another 15 basis points to a record low as expected by economists. The Monetary Council of the Magyar Nemzeti Bank reduced the base rate to 1.8 percent from 1.95 percent. This was the second consecutive reduction in rates. The new rate will...

GermanEconomicConfidence-042115.jpg German investor confidence deteriorated for the first time since October as global weakness and Greece crisis weighed on domestic prospects, survey data from the Centre for European Economic Research, or ZEW, showed Tuesday. The indicator of economic sentiment dropped unexpectedly by 1.5 points to 53.3 in April. Economists had forecast the index to improve to 55.3.

GreeceFlag-042115.jpg The European Central Bank is exploring measures to reduce the Emergency Liquidity Assistance to Greek banks, reports said Tuesday, citing people with knowledge of the discussions. ECB Staff have suggested an increase in the haircuts banks take on the collateral they offer for emergency funding from the Bank of Greece, both Bloomberg and CNBC said.

The Eurozone government deficit ratio declined in 2014, while government debt increased from last year, Eurostat reported Tuesday. The government deficit to GDP ratio fell to 2.4 percent in 2014 from 2.9 percent in 2013. Meanwhile, the government debt to GDP ratio increased to 91.9 percent from 90.9...

Lithuania's industrial production increased notably in March from a year ago, figures from Statistics Lithuania showed Tuesday. Industrial production rose a working-day-adjusted 6.1 percent year-on-year in March. On an unadjusted basis, production surged by 10.5 percent. Production in the manufacturing...

Slovenia's output prices climbed for the second straight month in March, figures from the Statistical Office of the Republic of Slovenia showed Tuesday. Output prices rose 0.4 percent year-over-year in March, faster than February's 0.1 percent slight increase. In January, prices had fallen 0.1 percent. Output...

German economic confidence declined for the first time since October, survey data from the Centre for European Economic Research, or ZEW, showed Tuesday. The indicator of economic sentiment dropped unexpectedly by 1.5 points to 53.3 in April. Economists had forecast the index to improve to 55.3. Meanwhile,...

Sweden's unemployment rate dropped more-than-expected in March, after remaining stable in the previous month, figures from Statistics Sweden showed Tuesday. The unadjusted jobless rate fell to 8.0 percent in March from 8.4 percent in February. Economists had expected the rate to decrease to 8.3 percent. In...

Switzerland's money supply growth eased in March, the Swiss National Bank showed Tuesday. M3, the broad measure of money supply, grew at a slower pace of 2.2 percent in March following a 2.3 percent increase in February. Meanwhile, the annual growth in the narrow measure, M1 improved to 1 percent...

Hungary's employee wage growth eased for the second straight month in February, figures from the Hungarian Central Statistical Office showed Tuesday. Gross earnings rose 3.4 percent year-over-year in February, slower than January's 4.1 percent increase. In December, earnings grew sharply by 6.7 percent. Net...

EEP16-011515_21Apr15.jpg Economic confidence survey from Germany is due on Tuesday, headlining a light day for the European economic news.

Belgium's consumer confidence remained stable in April after a modest deterioration in the previous month as consumers gave divergent view on economic developments, results of a survey from the National Bank of Belgium showed Monday. The consumer confidence indicator held at -6 for a second month,...

Poland's producer prices sustained the declining trend in March, though they rose from the previous month, figures from the Central Statistical Office showed Monday. Producer prices declined 2.4 percent annually after a 2.8 percent drop in February. Economists had expected a 2.5 percent fall. On...

Poland industrial production grew more-than-expected in March, led by strong growth in mining and quarrying and manufacturing, data from the Central Statistical Office showed Monday. Industrial production grew 13.4 percent from February, exceeding economists' forecast for 11.8 percent gain. Manufacturing...

Despite disappointing data the upswing process in Germany has not been interrupted, the Bundesbank said in its monthly report on Monday. Nonetheless, economic growth is likely to be slower than in the fourth quarter of 2014, when it expanded 0.7 percent. Private consumption is likely to remain...

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