New ten euro banknotes are shown in Duesseldorf, Germany. Photograph: Bloomberg

With EU leaders meeting in Brussels today, much focus will be on eurozone inflation dropping to a five-year low alongside continued levels of high (...)

The ECB targets an inflation rate at below-but-close to 2 per cent, a level not seen since the first quarter of 2013

Euro zone inflation dropped as expected to a fresh five year low in August, data showed on Friday, but it was not likely to force the European Central(...)

Ibec’s Fergal O’Brien makes the point that data for both sectors is skewed by compositional factors. Photograph: Eric Luke

Unsurprisingly, the Central Statistics Office’s earning stats were seized upon yesterday to bash the public sector.The figures suggested average weekl(...)

The recent data will undoubtedly give Minister for Finance Michael Noonan more room to manoeuvre in October’s budget than he might ever have expected. Photograph: Gareth Chaney/Collins

As the markets waited yesterday for the latest pronouncement from ratings agency Fitch on its view of Irish sovereign debt, the yield on those borrowi(...)

People walking past a retail store that is having a sale in Rome. Italy slid into recession for the third time since 2008 in the second quarter. Photograph: Stefano Rellandini/Reuters

The European Central Bank (ECB) faces fresh calls to adopt growth-boosting measures after data out yesterday showed growth in the euro zone has stalle(...)

Tourists walk past a shop in Athens yesterday.  Greece’s economy shrank in the second quarter at its slowest annual pace since late 2008 when its protracted recession began. Photograph: Alkis Konstantinidis/Reuters

Greece’s economy shrank by 0.2 per cent in the second quarter compared with the same period in 2013 – the smallest contraction since 2008, official fi(...)

Euro zone industrial production contracted unexpectedly in June, hurting hopes for a stronger recovery as the region feels the effect of conflict in Ukraine, Iraq and and Gaza.  Photograph: David Jones/PA Wire

Euro zone industrial production contracted unexpectedly in June, hurting hopes for a stronger recovery as the region feels the effect of conflict in U(...)

Twice bailed-out Greece was the euro zone’s most indebted country with sovereign debt of 174.1 per cent of GDP

Euro zone public debt rose to 93.9 per cent of economic output in the first quarter of this year, approaching the peak it is expected to reach later i(...)

The biggest increases in house prices over the year were in Estonia, up 17.5 per cent, Latvia, up 10.4 per cent and the UK, up 8 per cent

CHARLIE TAYLOR House prices fell by 0.3 per cent in the euro zone during the first three months of the year, as against the same quarter a year earlie(...)

Core annual inflation - excluding energy, food, alcohol and tobacco - rose by 0.8 per cent year-on-year in June

Euro zone inflation in June was flat, official data showed on Monday, easing immediate pressure on the European Central Bank to act again soon to tack(...)