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Samples in periodicals archive:
The euro area (EA18) seasonally-adjusted unemployment rate was 11.
Even if this seemingly was a temporary development that affected just a subset of euro area members, and perhaps even part of the necessary 'growing pains' of the European common currency framework, it implied very significant and still present costs.
The euro area attracted more foreign investment last year than in the year before, but the share of the euro in foreign exchange reserves and its role as currency in international financing slightly declined.
Euro area policymakers' handling of the Cyprus crisis to date, the increased risk tolerance apparent in their actions, and the uncertainty that a more uncompromising and less predictable approach to crisis management creates for investors' assessment of risk, are credit negative for euro area sovereigns.
2 per cent in the same month this year, which is higher than the EU and euro area averages.
The rising uncertainty regarding the outcome of the euro area debt crisis given the current policy framework, and the increased susceptibility to event risk stemming from the increased likelihood of Greece's exit from the euro area, including the broader impact that such an event would have on euro area members, particularly Spain and Italy.
The NIER's forecast is that recovery in the euro area will commence during 2013 and that resource utilization will thereafter continue slowly to rise.
ISLAMABAD -- The International Monetary Fund (IMF) has called for determined action towards establishing banking and fiscal unions in the euro area to bolster monetary union.