Euro Area Economic Calendar
Economy of Euro Area
The eurozone, often known as the euro area, is a geographical and economic territory comprised of European Union member states that have adopted the Euro as their official currency.
In 1998 with the official launch of the Euro, the Eurozone came into being.
On January 1st, 2002, the physical Euro banknotes and coins were introduced, after a brief transition period, all their pre-euro national coins and banknotes were withdrawn from circulation and rendered invalid.
As of 2023, the Eurozone is formed of 19 European Union countries: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Portugal, Slovakia, Slovenia, and Spain.
The Eurozone is one of the biggest economic areas in the world, and the Euro is thought to be one of the most liquid currencies.
Not all EU countries are part of the Eurozone for different reasons. Some countries in the EU haven't yet met the requirements to join the Eurozone. Other countries choose to use their own currency so they can stay financially independent when it comes to important economic and monetary issues.
Even though some countries are not part of the EU, they have made the euro their national currency. The EU has monetary agreements with Vatican City, Andorra, Monaco, and San Marino that give them the right to issue their own euro currency, as long as they follow certain regulations.
Bank of Euro Area
The European Central Bank (ECB) and the Eurosystem, which consists of the ECB and the central banks of the EU states that have joined the eurozone, coordinate the monetary policy of all nations in the eurozone. The ECB has the authority to sanction the design and issuing of euro banknotes and coins.
All EU members are a part of the European System of Central Banks (ESCB), but non-member governments, including those with monetary agreements like Monaco, have no voice in any of the three organizations.
Interest Rate of Euro Area
The European Central Bank's Governing Council determines the benchmark Interest Rate for the Eurozone, which is the rate of the principal refinancing operations. The primary objective of the ECB's monetary policy is to maintain price stability over the medium term, which includes keeping inflation below but near 2%.
Date
|
Time left
|
Event
|
Impact
|
Previous
|
Consensus
|
Actual
|
|||
---|---|---|---|---|---|---|---|---|---|
Wednesday, Apr 24, 2024
|
|||||||||
Apr 24, 07:35
|
|
EUR | ECB Cipollone Speech |
Low
|
|||||
Apr 24, 08:15
|
|
EUR | ECB Tuominen Speech |
Low
|
|||||
Apr 24, 09:10
|
|
EUR | ECB Cipollone Speech |
Low
|
|||||
Apr 24, 13:15
|
|
EUR | ECB McCaul Speech |
Low
|
|||||
Apr 24, 14:00
|
|
EUR | ECB Schnabel Speech |
Low
|
|||||
Thursday, Apr 25, 2024
|
|||||||||
Apr 25, 07:00
|
16h 56min
|
EUR | ECB Schnabel Speech |
Low
|
|||||
Apr 25, 08:00
|
17h 56min
|
EUR | ECB Economic Bulletin |
Low
|
|||||
Friday, Apr 26, 2024
|
|||||||||
Apr 26, 08:00
|
1 day
|
EUR | Loans to Companies YoY (Mar) |
Low
|
0.4% |
0.2%
|
|||
Apr 26, 08:00
|
1 day
|
EUR | M3 Money Supply YoY (Mar) |
Low
|
0.4% |
0.5%
|
|||
Apr 26, 08:00
|
1 day
|
EUR | Loans to Households YoY (Mar) |
Low
|
0.3% |
0.3%
|
|||
Apr 26, 08:00
|
1 day
|
EUR | ECB Guindos Speech |
High
|
|||||
Monday, Apr 29, 2024
|
|||||||||
Apr 29, 09:00
|
4 days
|
EUR | Consumer Inflation Expectations (Apr) |
Low
|
12.3 |
11.5
|
|||
Apr 29, 09:00
|
4 days
|
EUR | Selling Price Expectations (Apr) |
Low
|
5.6 |
5.1
|
|||
Apr 29, 09:00
|
4 days
|
EUR | Consumer Confidence (Apr) |
Low
|
-14.9 |
-14.7
|
|||
Apr 29, 09:00
|
4 days
|
EUR | Industrial Sentiment (Apr) |
Low
|
-8.8 |
-8.3
|
|||
Apr 29, 09:00
|
4 days
|
EUR | Economic Sentiment (Apr) |
Medium
|
96.3 |
97
|
|||
Apr 29, 09:00
|
4 days
|
EUR | Services Sentiment (Apr) |
Low
|
6.3 |
6.9
|
|||
Tuesday, Apr 30, 2024
|
|||||||||
Apr 30, 09:00
|
5 days
|
EUR | CPI (Apr) |
High
|
125.3 |
126.1
|
|||
Apr 30, 09:00
|
5 days
|
EUR | Core Inflation Rate YoY (Apr) |
Medium
|
2.9% |
2.8%
|
|||
Apr 30, 09:00
|
5 days
|
EUR | Inflation Rate YoY (Apr) |
High
|
2.4% |
2.4%
|
|||
Apr 30, 09:00
|
5 days
|
EUR | Inflation Rate MoM (Apr) |
Medium
|
0.8% |
0.6%
|
|||
Apr 30, 09:00
|
5 days
|
EUR | GDP Growth Rate YoY (Q1) |
High
|
0.1% |
0.5%
|
|||
Apr 30, 09:00
|
5 days
|
EUR | GDP Growth Rate QoQ (Q1) |
High
|
0% |
0.2%
|
|||
Thursday, May 02, 2024
|
|||||||||
May 02, 08:00
|
7 days
|
EUR | HCOB Manufacturing PMI (Apr) |
High
|
46.1 |
45.6
|
|||
Friday, May 03, 2024
|
|||||||||
May 03, 08:00
|
8 days
|
EUR | ECB Survey of Professional Forecasters |
Medium
|
|||||
May 03, 09:00
|
8 days
|
EUR | Unemployment Rate (Mar) |
High
|
6.5% |
6.8%
|
|||
Monday, May 06, 2024
|
|||||||||
May 06, 08:00
|
11 days
|
EUR | HCOB Composite PMI (Apr) |
Low
|
50.3 |
51.4
|
|||
May 06, 08:00
|
11 days
|
EUR | HCOB Services PMI (Apr) |
High
|
51.5 |
52.9
|
|||
May 06, 09:00
|
11 days
|
EUR | PPI YoY (Mar) |
Low
|
-8.3% |
-7.8%
|
|||
May 06, 09:00
|
11 days
|
EUR | PPI MoM (Mar) |
Low
|
-1% |
-0.6%
|
|||
Tuesday, May 07, 2024
|
|||||||||
May 07, 07:30
|
12 days
|
EUR | HCOB Construction PMI (Apr) |
Low
|
42.4 | ||||
May 07, 09:00
|
12 days
|
EUR | Retail Sales MoM (Mar) |
High
|
-0.5% |
-0.3%
|
|||
May 07, 09:00
|
12 days
|
EUR | Retail Sales YoY (Mar) |
High
|
-0.7% |
-0.3%
|
|||
May 07, 09:00
|
12 days
|
EUR | Consumer Inflation Expectations (Mar) |
Low
|
3.1% |
2.8%
|
|||
Monday, May 13, 2024
|
|||||||||
May 13, 00:00
|
18 days
|
EUR | Eurogroup Meeting |
Low
|
|||||
Tuesday, May 14, 2024
|
|||||||||
May 14, 09:00
|
19 days
|
EUR | ZEW Economic Sentiment Index (May) |
Medium
|
|||||
Wednesday, May 15, 2024
|
|||||||||
May 15, 09:00
|
20 days
|
EUR | GDP Growth Rate QoQ (Q1) |
Medium
|
|||||
May 15, 09:00
|
20 days
|
EUR | GDP Growth Rate YoY (Q1) |
Medium
|
0.5
|
||||
May 15, 09:00
|
20 days
|
EUR | Industrial Production MoM (Mar) |
Medium
|
0.1
|
||||
May 15, 09:00
|
20 days
|
EUR | Industrial Production YoY (Mar) |
Low
|
-3.2
|
||||
May 15, 09:00
|
20 days
|
EUR | Employment Change QoQ (Q1) |
High
|
0.3% |
0.1%
|
|||
May 15, 09:00
|
20 days
|
EUR | Employment Change YoY (Q1) |
High
|
1.2% | ||||
Friday, May 17, 2024
|
|||||||||
May 17, 09:00
|
22 days
|
EUR | Inflation Rate YoY (Apr) |
Medium
|
|||||
May 17, 09:00
|
22 days
|
EUR | Core Inflation Rate YoY (Apr) |
Low
|
|||||
May 17, 09:00
|
22 days
|
EUR | CPI (Apr) |
High
|
|||||
May 17, 09:00
|
22 days
|
EUR | Inflation Rate MoM (Apr) |
Low
|
|||||
Tuesday, May 21, 2024
|
|||||||||
May 21, 08:00
|
26 days
|
EUR | Current Account (Mar) |
Low
|
32
|
||||
May 21, 08:00
|
26 days
|
EUR | Current Account s.a (Mar) |
Low
|
|||||
May 21, 09:00
|
26 days
|
EUR | Balance of Trade (Mar) |
Medium
|
27
|
||||
May 21, 09:00
|
26 days
|
EUR | Construction Output YoY (Mar) |
Low
|
-2.8
|
||||
Wednesday, May 22, 2024
|
|||||||||
May 22, 07:00
|
27 days
|
EUR | ECB Non-Monetary Policy Meeting |
Low
|
|||||
Thursday, May 23, 2024
|
|||||||||
May 23, 08:00
|
28 days
|
EUR | HCOB Services PMI (May) |
High
|
|||||
May 23, 08:00
|
28 days
|
EUR | HCOB Composite PMI (May) |
Medium
|
|||||
May 23, 08:00
|
28 days
|
EUR | HCOB Manufacturing PMI (May) |
High
|
|||||
May 23, 09:00
|
28 days
|
EUR | Negotiated Wage Growth (Q1) |
Medium
|
4.5% |
4.3%
|
|||
May 23, 14:00
|
28 days
|
EUR | Consumer Confidence (May) |
Medium
|
-12.8
|