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In March, in the euro area there was a decline in construction volumes by 0.3% compared to February, when the index fell by 0.7%, according to the data of the Statistical Office Eurostat. The pace of construction in the euro area is declining for the third month in a row. Compared with March of last year, construction volumes in the euro area rose by 0.8%. In the European Union, in March, construction volumes increased by 0.9% after growing by 0.8% a month earlier. In annual terms, the indicator fell by 1.3%. The biggest drop in the indicator for the month was recorded in Hungary - by 10.3%, and Romania - by 9.2%. The biggest growth was recorded in Spain - by 3.1%, and Slovakia - by 2.3%.
Financial markets saw record heights earlier on Friday, with the Euro continuing its 21-month gain streak and gold prices hitting its highest level amid a weakened Dollar. The Euro soared above the Dollar by 1.7%, trading at $1.1616 for the ...
The Dollar fell on Tuesday, with the Euro and the British Pound Sterling gaining strength on the back of news that European Union leaders have agreed to roll out additional recovery funds in the region. New hopes for a potential COVID-19 vaccine ...
The euro reached its highest level since early March after the European Union agreed on a deal for a massive stimulus package to support the bloc’s economy from the coronavirus pandemic. The deal was finalized after a round of compromises ...
The euro steadied at four-month highs on the dollar after investors pinned hopes on the EU economic rescue fund as European leaders are expected to break a deadlock and agree on a deal. EU leaders had differing stands on the proposed 750 billion ...
The euro hit a four-month peak against the dollar on Wednesday on hopes that the European Union would implement economic stimulus and deeper fiscal integration to support the economy amid the pandemic. The euro rose to $1.1423, its highest ...
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