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Draghi-042617.jpg While the brightening prospects of the Eurozone economy and the win of a pro-EU candidate in the first round of the French presidential election add strength to the call for tapering of the European Central Bank's massive stimulus, policymakers are likely to assess this Thursday that it is too early to trigger such speculation as uncertainties linger around both the economic and political outlook.

Germany's economy is likely to expand more than previously projected in 2017, the Economy Ministry said Wednesday. The German economy remains on a growth path despite global uncertainties, Economics Minister Brigitte Zypries, said. The ministry forecast 1.5 percent growth this year and 1.6 percent...

Turkey's central bank decided to raise one of its lending rates by 50 basis points, and retained all other main rates on Wednesday. The central bank hiked late liquidity window rate to 12.25 percent from 11.75 percent. The bank had lifted the rate by 75 basis points in March. The Marginal Funding...

Spain's mortgage approvals declined in February, figures from the statistical office INE showed Wednesday. The number of mortgaged housing properties decreased 2.7 percent year-on-year to 24,342 in February. At the same time, total mortgaged properties slid 2.8 percent. Overall mortgage lending...

Swiss financial analysts' economic expectations for the next six months weakened in April, results of a survey by the Credit Suisse bank and the CFA Society Switzerland showed Wednesday. The Credit Suisse CFA Society Switzerland Indicator fell to 22.2 points in April from 29.6 point in March, which...

Poland's unemployment rate decreased more-than-expected in March, figures from the Central Statistical Office showed Wednesday. The registered jobless rate dropped to 8.1 percent in March from 8.5 percent in February. Economists had expected the rate to fall to 8.2 percent. In the corresponding...

Sweden's economic confidence strengthened more-than-expected in April to the the highest level in four months, survey data from the National Institute of Economic Research showed Wednesday. The economic tendency indicator climbed to 112.8 in April 108.8 in March. In February, the score was 110.7....

French consumer sentiment remained stable as expected in April, survey results from the statistical office Insee showed Wednesday. The consumer sentiment index remained at 100, its long-term average, for the fourth consecutive month in April. The indicator for households' opinion on their future...

Switzerland's private consumption growth continued to remain around its long-term average, survey data from the UBS investment bank showed Wednesday. The UBS consumption index came in at 1.50 in March versus revised 1.45 points in February. Consumption was driven by solid automotive demand, while...

Dutch producer confidence strengthened again in April to the highest level in more than nine years, figures from the Central Bureau of Statistics showed Wednesday. The producer confidence index rose to 8.3 in April from 7.8 in March. In February, the score was 7.0. Moreover, the latest reading...

EEP19-011515_26Apr17.jpg Consumer sentiment survey data from France is due on Wednesday, headlining a light day for the European economic news.

The British manufacturing sector will perform relatively well this year, despite a weak start to the second quarter, Paul Hollingsworth, a UK economist at Capital Economics, said. The Industrial Trends survey from the Confederation of British Industry, released on Monday, showed that the total orders...

Belgium's business confidence recovered slightly in April after two consecutive months of modest declines, as sentiment improved in manufacturing, trade and construction, survey data from the National Bank of Belgium showed Tuesday. The business confidence index rose to -0.8 from -1.6 in March. The...

Hungary's central bank held at its key interest rate at a record low for an eleventh straight month on Tuesday. The Monetary Council of the Magyar Nemzeti Bank left the base rate unchanged at 0.90 percent, in line with economists' expectations. The bank had cut the key rate by 15 basis points in...

UK-Budget-042517.jpg The British government limited its budget deficit for the financial year 2016-17 almost within its targets and the figure hit the lowest level seen since the financial crisis. In the financial year ending March 2017, public sector net borrowing decreased by GBP 20 billion to GBP 52.0 billion, data published by the Office for National Statistics showed Tuesday.

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