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The Bank of Greece forecast robust positive economic growth for 2017 but cautioned that the realization of these positive development hinges upon the 'timely and effective' conclusion of the bailout review. At the 84th annual meeting of shareholders, central bank governor Yannis Stournarasat said...

Greece's producer prices rose for the second straight month in January, figures from the Hellenic Statistical Authority showed Friday. The overall producer price index surged 9.7 percent year-over-year in January, faster than the 5.1 percent climb in December. The increase in January was largely...

Italy's business confidence reached its highest level in more than a year in February, while consumer sentiment weakened to a five-month low, survey results from Istat showed Friday. The composite business confidence index improved to 104.0 in February from 103.3 a month ago. The score reached its...

Croatia's consumer prices increased for the second straight month in January, figures from the Croatian Bureau of Statistics showed Friday. The consumer price index climbed 0.9 percent year-over-year in January, following a 0.2 percent rise in December. Prices of food and non-alcoholic beverages...

UK mortgage approvals increased to a one-year high in January, the British Bankers' Association said Friday. The number of mortgage approvals rose to 44,657 in January from 43,581 in the prior month. This was the highest since January 2016, when approvals totaled 45,794. Gross mortgage borrowing...

Austria's production index that combines output of both industry and construction, increased at the end of the year, figures from Statistics Austria showed Friday. The production index grew a working-day-adjusted 2.1 percent year-over-year in December. Industrial production advanced 3.0 percent...

Italy's industrial orders increased at the fastest pace in four months in December on domestic demand, the statistical office Istat showed Friday. Industrial orders grew 2.8 percent on a monthly basis in December, following a 1.7 percent rise in November. This was the fastest growth since August,...

Sweden's economic confidence weakened marginally in February, survey data from the National Institute of Economic Research showed Friday. The economic tendency indicator dropped less-than-expected to 111.6 in February from 111.9 in January. Economists had forecast the score to fall to 111.1. Although...

Denmark's retail sales increased in January after falling in the previous two months, preliminary figures from Statistics Denmark showed Friday. Retail sales edged up 0.2 percent month-over-month in January, reversing a 1.2 percent decrease in December. Sales of clothing grew 1.7 percent over...

Czech economic confidence weakened in February, after improving slightly in the previous month, survey data from the Czech Statistical Office showed Friday. The economic sentiment indicator fell to 13.3 in February from 14.7 in January. In December, the reading was 14.6. The consumer confidence...

Spain's producer price inflation reached its highest level in more than five years high in January on energy prices, the statistical office INE said Friday. Producer prices increased 7.5 percent year-on-year in January, following a 2.9 percent rise in December. This was the biggest increase since...

French consumer sentiment remained stable in February, survey results from the statistical office Insee showed Friday. In February, the consumer confidence index held steady at 100, its long-term average. The reading came in line with expectations. Households' opinion on their past financial...

Finland's retail sales increased at the start of the year, preliminary figures from Statistics Finland showed Friday. The retail sales value climbed 2.0 percent year-over-year in January. Similarly, the price-adjusted volume of retail sales grew by 2.4 percent. In daily consumer goods trade, sales...

EEP14-011515_24Feb17.jpg Consumer sentiment from France is due on Friday, headlining a light day for the European economic news.

Policymakers would have to study the impact of the factors behind the recent inflation surge, going forward, European Central Bank Executive Board member Peter Praet said Thursday. Speaking at an event in London, Praet said, "Recently, with the fading of the declines in energy prices that restrained...

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