'It will be a difficult election': Miranda Sarmento still hopeful about Centeno's election to the ECB
Finance Minister Joaquim Miranda Sarmento says Mário Centeno's election as vice-president of the European Central Bank will be 'difficult' because 'there are regional balances that need to be considered'.
IMF predicts growth of 1.3% in the euro area in 2026 and 1.4% in 2027
The International Monetary Fund (IMF) estimates that the euro area economy will grow by 1.3% in 2026 and by 1.4% in 2027, according to forecasts published today.
Euro area external trade surplus falls to €9.9 billion in November
The euro area's external trade balance surplus declined to €9.9 billion in November.
Euro area external trade surplus falls to €9.9bn in November
The euro area’s external trade surplus fell 37.5% year‑on‑year to €9.9bn in November 2025, down from €15.4bn a year earlier, Eurostat reports today.
Unemployment falls to 6.3% in the euro area in November
The unemployment rate in the euro area declined to 6.3% in November, according to official statistics, continuing a downward trend in joblessness.
Unemployment rises in the euro area and EU in November 2025
The unemployment rate increased in November 2025 to 6.3% in the euro area and 6.0% in the European Union (EU), compared with, respectively, 6.4% and 5.8% in the same month of 2024, Eurostat reported today.
Interest rate on new deposits stalls again at 1.37% in November
The average yield on deposits in the euro area stood at 1.80%. The volume of new deposits and of new loans fell.
