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Spain's current account balance for May swung to a deficit from a surplus in the same month last year, figures from the Bank of Spain showed Thursday. The current account revealed a deficit of EUR 0.6 billion versus a surplus of EUR 2.4 billion a year ago. The trade balance also logged a shortfall...

EurozoneInflation-073114.jpg Eurozone inflation slowed to the lowest level in four-and-a-half years in July, even after the European Central Bank cut the interest rates to historic lows, necessitating more action to elude the risk of deflation. The unemployment rate in the 18-nation bloc declined unexpectedly in June to the lowest since September 2012 from a record high seen at the end of last year.

The Czech central bank left its key interest rates unchanged for a fourteenth successive session on Thursday and kept its pledge to stem any gains in the koruna. The Czech National Bank policymakers decided to keep the main two-week repo rate unchanged at 0.05 percent, in line with economists' expectations....

Italy's harmonized index of consumer prices remained stagnant in July after increasing in June, trailing the consensus estimate, preliminary figures from ISTAT showed Thursday. The HICP remained unchanged year-over-year in July following the 0.2 percent increase in June. Economists had expected the...

Slovenia's consumer prices remained flat in July, figures from the Statistical Office of the Republic of Slovenia showed Thursday. The consumer price index remained flat year-on-year in July, after a 0.8 percent rise in the previous month. Prices of food and non-alcoholic beverages dropped 1.1...

Greece's retail sales declined in May, after rising in the previous month, data from the Hellenic Statistical Authority showed Thursday. The retail sales volume fell 3.8 percent year-over-year in May following a 7.1 percent increase in April. Food sales declined 7.8 percent in May, after rising...

Slovenia's retail sales in June dropped for a second straight month, preliminary figures from the Statistical Office of the Republic of Slovenia showed Thursday. Retail sales fell 2.6 percent year-on-year in June, after a 2.9 percent decline in the previous month. That was the worst decline since...

The Eurozone jobless rate fell unexpectedly in June, data showed Thursday. The unemployment rate dropped marginally to 11.5 percent from 11.6 percent in May. The rate was forecast to remain unchanged at 11.6 percent. Likewise, the youth unemployment rate declined to 23.1 percent in June from...

Eurozone inflation slowed in July to the lowest in four-and-a-half years largely due to a fall in energy prices, data showed Thursday. Inflation slowed to 0.4 percent in July from 0.5 percent in June, flash data from Eurostat revealed. It was expected to remain unchanged at 0.5 percent. It is the...

Italy's unemployment rate eased unexpectedly in June, after holding steady near a record high in the previous month, but the youth jobless figure climbed to a record, figures from the statistical office ISTAT showed Thursday. The seasonally adjusted unemployment rate fell to 12.3 percent from 12.6...

German unemployment declined more than expected in July, reports said Thursday. The number of people out of work declined by 12,000 from June, the Federal Labor Agency reportedly said. Unemployment was forecast to fall by 5,000. Meanwhile, the jobless rate remained unchanged at seasonally adjusted...

The unemployment rate in Denmark remained stable in June, figures from Statistics Denmark showed Thursday. The jobless rate came in at a seasonally adjusted 5.1 percent in June, the same as in May. In April, the unemployment rate was at 5 percent. The number of unemployed people was 133,900 in June. The...

A measure of the current economic situation in the euro area fell slightly in July, after remaining stable in the previous month, a survey by the Bank of Italy and the Centre for Economic Policy Research showed Thursday. The Eurocoin indicator fell to 0.27 in July from 0.31 in June. It was the weakest...

Hungary's producer prices continued to decline for the fourth straight month in June, but at a slower rate than in the previous month, figures from the Hungarian Central Statistical Office showed Thursday. The producer price index fell 0.6 percent annually in June, slower than May's 1.1 percent decline....

Turkey's consumer confidence increased in July as most of the sub-indices improved, data from Turkstat showed Thursday. The consumer confidence index rose to 73.9 in July from 73.7 in June. It was the first increase in the index in three months. The index measuring expectations on the financial...