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Results 1 - 5 of 5 for inflation

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  1. Business - Banking & Finance - EUROPE

    Euro rate stays at 0.5 per cent

    Posted Jun 07th 2013, 12:00am by Reuters

    ... this year, saying output would decline by 0.6 per cent in 2013 but grow by 1.1 per cent next year. ECB staff forecast inflation of 1.4 per cent this year and 1.3 per cent in 2014, below ... on Wednesday showed euro zone business activity shrank in May, but at a slightly slower pace. Downturns have eased in France, Italy and Spain, and Germany is stabilising, the data showed. Inflation ...

    http://www.scmp.com/business/banking-finance/article/1255175/euro-rate-stays-05-cent
  2. Business - Economy - EUROPE

    Euro-zone rate cut unlikely to boost lending

    Posted May 02nd 2013, 12:00am by AFP

    ... to roll it out at the micro-level and that it is therefore unlikely to achieve quick results," Cluse said. Slowing euro-zone inflation- to 1.2 per cent last month from 1.7 per cent in March- would give the ECB room to trim rates. And in Germany, the bloc's biggest economy, inflation was as low as 1.1 per cent, "confirming that underlying price pressures in even the euro ...

    http://www.scmp.com/business/economy/article/1227878/euro-zone-rate-cut-unlikely-boost-lending
  3. News - World - EUROPE

    Spain loses out as European Central Bank names Yves Mersch to its board

    Posted Nov 24th 2012, 12:00am by Bloomberg in Brussels

    ... in the euro's 13-year history, bolstering the ECB's anti-inflation wing. Mersch, 63, overcame Spain's attempt to retain the seat and a plea by European parliamentarians to give the post ... chief and has a reputation as an inflation hawk. "I am looking forward to bringing in my experience to the work of a highly professional team, being fully aware of the responsibility ...

    http://www.scmp.com/news/world/article/1089384/spain-loses-out-european-central-bank-names-yves-mersch-its-board
  4. Business - Economy - EUROPE

    ECB stands ready to ease policy if needed, says Draghi

    Posted Apr 05th 2013, 12:00am by Bloomberg

    ... policy meeting." Draghi said risks to the economic outlook remain on the downside and inflation is "edging down well below" the ECB's 2 per cent target. It will slow to 1.3 ...

    http://www.scmp.com/business/economy/article/1207235/ecb-stands-ready-ease-policy-if-needed-says-draghi
  5. News - World - EUROPE

    Cameron's authority dented by Commons defeat on EU budget

    Posted Nov 02nd 2012, 12:00am by AFP

    ... attempted to stave off a rebellion by promising to veto any above-inflation increase of the EU budget, which has become increasingly contentious as austerity measures bite across the continent. He ... of a real-terms cut in EU spending. "The coalition government's position remains the same- we will not accept an increase, above inflation, to the EU budget," he was due to say in a speech ...

    http://www.scmp.com/news/world/article/1074322/camerons-authority-dented-commons-defeat-eu-budget

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