Thursday

5th May 2016

Ticker

Risk of deflation looms over eurozone

Euro area annual inflation is expected to have dropped to 0.8% in December 2013, down from 0.9% in November, according to estimates published Tuesday by Eurostat, the EU's statistical office. The figures are raising concerns about deflation and putting pressure on the European Central Bank to take action.

News in Brief

  1. EU parliament drivers forced to open doors and carry bags
  2. EU Commission proposes visa-free travel for Turkey
  3. Iceland in court for not respecting EU laws
  4. Sweden registers more asylum application withdrawals
  5. German Pegida leader convicted of inciting hatred
  6. ECB expected to stop printing €500 notes
  7. Spain dissolves parliament for 26 June election
  8. Germany to legalise cannabis for medicinal use

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