Analysts said the risk to euro zone growth posed by the Ukraine conflict and stubbornly low inflation should keep the pressure on the European Central Bank to provide further stimulus at some stage, if not this week.
Commenting on the state of the euro zone, Mr. Sch�uble warned that the 18-member-strong bloc, which, for the past several years, has dealt with weak economic growth and mounting sovereign debt, isn't yet out of the woods.
Markit said the slowdown likely reflected the impact of rising tensions between the European Union and Russia over the future of Ukraine, as well as growing doubts about the effectiveness of euro-zone economic policy and its likely future course.
The best British pound to euro exchange rate (GBP/EUR) of 2014 was back in contention at the start of the new month for those looking to buy euros. However a sudden reversal in GBP's fortunes have come following news that the UK could be about to be ...
The euro is on its way to parity with the dollar by the end of 2017, say analysts at Goldman Sachs Group Inc. The currency has dropped 5.75% since hitting a 2014 high in March, closing on Friday at 1.3133.