The 21-country Eurozone bloc, which includes Germany, France and Austria, has come under a “double shock”, with the West Asia conflict and the protracted war in Ukraine creating a period of stagflationary pressure.

Recession fears in Europe as Eurozone business activity slows amid Iran war

Inflation has now returned to the ECB’s medium-term target of 2 per cent, allowing policymakers to pause and assess incoming economic data before taking further action.

ECB holds interest rates steady amid trade tensions

Eurozone's Composite PMI remained at 50.2, reflecting a worrying continuation of the bloc’s economic malaise, with little overall momentum in either the services or manufacturing sectors. 

Eurozone economy stagnates in June despite brighter signals from manufacturing

The economic growth in the eurozone rebounded in the second quarter, according to the data released by the European Union’s (EU) agency, on Monday (July 31). The report has since led to a rise in European shares with the German blue-chip index or DAX hitting a record high.

Eurozone economy returns to growth after inflation eases in July; Germany’s DAX hits new record

The second quarter of this year saw an acceleration in the Eurozone’s economic growth, but as long as Russia keeps cutting back on gas supply, the region’s prospects will suffer.

Despite gas crisis, inflation surge, Eurozone economy grows faster than expected

Business activity in the eurozone shot ahead at its fastest rate in 21 years in July, a closely watched survey said on Friday, as the economy went into full throttle with loosened COVID-19 restrictions.

Eurozone economy booms at fastest rate in 21 years

The slow growth came as firms offered deeper discounts despite rising input costs, adding to policymakers' concerns

Euro zone business growth at slowest since start of 2015: PMI

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