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German-IFO-032717.jpg German business sentiment strengthened to a 68-month high in March as economic impetus pushed up companies' assessment of the current assessment and outlook. The business confidence index rose to 112.3 in March from a revised 111.1 in February, survey data from the Munich-based Ifo institute revealed Monday.

Malta's producer prices decreased for the fifth straight month in February, figures from the National Statistical Office showed Monday. The producer price index fell 0.38 percent year-over-year in February, slower than the 1.04 percent decline in January. Producer prices in the foreign market dropped...

Eurozone money supply growth eased for the second straight month in February, though marginally, figures from the European Central Bank showed Monday. The broad money measure, M3, rose 4.7 percent year-over-year in February, slower than the 4.8 percent climb in January, which was revised down from...

German business sentiment improved in March, reports said citing survey data from Ifo institute on Monday. The business confidence index rose to 112.3 in March from 111.1 in February. Economists had forecast the indicator to fall to 110.8. The current conditions index came in at 119.3, well above...

Finland's manufacturing confidence improved in March, after remaining stable in the previous month, survey data from the Confederation of Finnish Industries (EK) showed Monday. The manufacturing sentiment climbed to 4.0 in March from 2.0 in February, which was revised up from 1.0. Moreover, the indicator...

Finland's consumer confidence strengthened in March to the strongest level in six-and-a-half years, survey data from Statistics Finland showed Monday. The consumer sentiment index climbed to 22.9 in March from 20.8 in the previous month. Moreover, this was the highest score since September, when...

EEP1-091614_27Mar17.jpg Business confidence data from Germany is due on Monday, headlining a light day for the European economic news.

Sentiment in the British financial services sector stabilized in the three months to March, having deteriorated throughout 2016, the Financial Services Survey from the Confederation of British Industry and PricewaterhouseCoopers showed Monday. About 33 percent of firms said they were more optimistic...

PeterPraet-ECB-032417.jpg Populist narrative that things were better before the euro is a deception and the single currency and EU are made scapegoats, European Central Bank Executive Board member Peter Praet said.

Portugal's budget deficit narrowed in 2016, according to the data published by Statistics Portugal on Friday. The budget deficit halved to 2.1 percent of gross domestic product from 4.4 percent in 2015. This was also below the 3 percent ceiling. The deficit is forecast to narrow further in 2017,...

Eurozone-M-PMI-032417.jpg Eurozone private sector activity expanded at the fastest pace in almost six years in March, amid robust new orders and employment growth in both manufacturing and service sectors. The composite output index rose unexpectedly to 56.7 from 56.0 in February, flash data from the purchasing managers' survey by IHS Markit showed Friday. The score was forecast to fall slightly to 55.8.

Russia-CentralBank-032417.jpg Russia's central bank unexpectedly reduced its key interest rate on Friday, after holding it steady for three sessions in a row, and said it could lower it further as inflation slowdown was faster-than-expected amid an economic recovery though risks remain elevated.

Swiss current account surplus increased in the fourth quarter from a year ago, figures from the Swiss National Bank showed Friday. The current account surplus climbed to CHF 22.0 billion in the three months to December from CHF 16.9 billion in the same period of the previous year. In the third quarter,...

Spain's producer price inflation eased in February after accelerating in the previous three months, the statistical office INE said Friday. Producer prices rose 7.3 percent year-over-year in February, slower than January's 7.6 percent spike, which was the biggest increase since July 2011. Excluding...

UK mortgage approvals for house purchases fell to a three month low in February, British Bankers' Association said Friday. The number of mortgages approved for house purchases fell to 42,613 in February from 44,142 in January. This was the lowest since November. The expected level for February was...

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