With overall savings of five trillion euros and interest rates at zero, an inflation of 2.0 percent means German savers are basically losing 100 billion euros per year, Bavaria's Finance Minister Markus Soeder said on Wednesday.
The EU28 unemployment rate was 8.1 percent in January versus 8.2 percent in December.
Inflation in the 19-nation bloc touched 2% in February, details Eurostat, up from a rate of 1.8% the month before and the highest since January 2013 and is slightly above the ECB's target of just below 2%.
ECB President Mario Draghi has previously warned that the central bank will not tighten policy in response to a "short lived" surge in inflation.
Inflation in Germany rose in February, reaching its highest level in four-and-a-half years, mainly due to more expensive energy and food. Figures released Thursday by Eurostat showed the eurozone's jobless rate held at 9.6 percent in January, its lowest level since May 2009.
Though the inflation rate's rise in recent months has surprised many observers, there is a consensus that inflationary pressures will start to fade in the middle of 2017 when prior oil price rises fall out of the annual comparison.
Battle Against ISIS In Mosul: Iraqi Forces Advance on Airport
It is expected that forces from the Counter Terrorism Service will once again play a key role in the push into western Mosul. Iraqi rapid response forces are seen through a shattered glass window of a military vehicle south of Mosul on Monday.
She said the firm expects the bank will keep its commitment to its continuing its bond buying programme until the end of the year, and longer if necessary.
Analyst Michael Schubert at Commerzbank said that while some ECB council members want the bank to start thinking about ending its extraordinary stimulus efforts, "our analysis indicates that opponents of an early exit have a solid majority" on the bank's 25-member governing council.
February was the third straight month the rate rose higher than expected, said FawadRazaqzada, market analyst at Forex.com. Those figures are due on Thursday.
In December, the European Central Bank announced an extension of its bond-buying program to the end of this year from a tentatively scheduled conclusion in March, although it cut the monthly value of purchases.
The ECB is now coming under increasing pressure - particularly from the German government - to scale back on that stimulus. A sustained rebound in German inflation gives Bundesbank President and European Central Bank rate setter Jens Weidmann more grounds to argue for a reduction in the bond-buying programme, a scheme that he has often criticised. But he underlined Wednesday what he considers the unwanted side effects of the ECB's efforts.
Markit economist Trevor Balchin said he expected Germany's quarterly growth rate to accelerate to at least 0.6 percent in the first three months of 2017 from 0.4 percent in the final three months of 2016.
Soundcloud writes, "The new SoundCloud Go plan gives you the first, fully on-demand listening experience at this price point". SoundCloud launched the original Go in late March 2016 after nailing down licensing deals with most recording stakeholders.
Also weighing on the stock - which is down 7% in electronic trading - is the firm's 2017 forecast for Exondys 51, its only drug. Wunderlich Capital Managemnt increased its stake in shares of Palo Alto Networks by 83.7% in the second quarter.
Norwegian has outlined plans to revolutionise transatlantic travel to USA airports, with fares as low as €69 promised. Norwegian Air will operate all flights with a new single-aisle airplane, the Boeing 737 Max.
Police previously said the airport had not been decontaminated but that passengers should be confident it was safe. The announcement that VX was used in a crowded airport generated alarm in Malaysia and around the world.
We want people to wake up in the morning and, rather than have to see our usual candidates, rejoice in seeing Obama's face on... Now a petition is calling for an even bigger plot twist: the return of President Barack Obama.
The U.S. -led global coalition against the Islamic State carried out dozens of airstrikes on Monday, Iraqi officials said. In Iraq, more than a thousand civilians have fled western Mosul as Iraqi troops push deeper into ISIL held areas.
Since 1975, the average pace is 1.3 percent; about two-thirds of the time, the rate is between -4 percent and +7 percent. The index's 10-city and 20-city composites each saw home prices increase 0.9%, on an adjusted basis, month over month.
Ian Rappaport of the NFL Network is reporting that the Chiefs are working to make Berry the highest-paid safety in the NFL . Charles subsequently underwent arthroscopic knee surgery and Spencer Ware closed out the season as the Chiefs' feature back.
Following the fight, Lewis took to social media where he posted an edited photo of Browne laid out on the canvas. Lewis was riding a five fight win streak going into the fight, winning four by stoppage.
Aleppo battle: both sides accused of war crimes
The report also states that armed groups targeted western Aleppo for the sole objective of terrorizing civilians. Opposition groups shelled government-controlled western Aleppo, killing and injuring dozens, the report said.
Doctors Say Pot Can Be Dangerous For Developing Brains
Alterations in motor control, coordination, judgment, reaction time, and tracking ability have also been documented. A doctors' group is stepping up warnings to teenagers as the use of marijuana becomes more mainstream.
Swedes puzzle over Fox News' Swedish 'security advisor'
Mr Rasmus Eljanskog, a spokesman for the Swedish Ministry of Foreign Affairs, said no one by the name of Nils Bildt worked there. Swedish media outlets have reported that Bildt, who was born Nils Tolling, left Sweden in 1994 and emigrated to the U.S.
Iraqi Forces Reportedly Enter Western Mosul
One captain in Iraq's emergency response division told the BBC inside western Mosul: "We very close to liberating Mosul". Iraqi officials said they had information that recent attacks in Baghdad had been organised from inside Syria.
Apple Watch Series 3 To Use New Touch Panels
Apple says its watches now are designed for 18 hours of battery life , though performance varies based on how you use the watch. Such technology could be delivered by Hong-Kong based Biel Crystal Manufactory or Taiwanese-based General Interface Solution.
Jamie Chung to play Blink in Fox's X-Men series
The untitled Marvel TV project revolves around an ordinary couple who finds out that their children possess mutant powers. FOX's Bryan Singer-directed X-Men drama doesn't have a name, or even many confirmed characters, at least until now.
Wizards get Bojan Bogdanovic in trade with Nets
The Wizards hope Bogdanovic, a restricted free agent, will help them challenge the Cavs and Raptors for the East title. He added that the 27-year-old is a starter in the National Basketball Association and is a bench "boost".
Iraqi forces storm Mosul airport, military base
The Pentagon has said that there will not be a public announcement that accompanies the strategy review. The campaign involves a 100,000-strong force of Iraqi troops, Kurdish fighters and Shi'ite militias.
Mexican officials riled by Trump's new deportation memos
They will discuss border security, law-enforcement cooperation, trade and other issues, the State Department said. The relations between Mexico and the United States were chilly long before disclosure of the deportation plan.
Verizon Gets a Fix on 5G Trials
Verizon's announcement comes shortly after AT&T described its plans for "5G evolution" testing in Austin and Indianapolis . Verizon has yet to comment on what kind of speeds the pilot cities will be experiencing.