As the year comes to an end, Business Line looks back at some of the main economic changes of 2016.

The European Central Bank has warned of a growing risk to financial stability in the euro zone.

Grilled by German lawmakers, European Central Bank President Mario Draghi has been defending its ultra low interest rates and other stimulus measures, which he said were a necessity.

There was only weak growth again for the eurozone economy between April and June.

Business activity in the eurozone expanded at a slightly better than predicted pace in July.

Surveys of eurozone businesses have revealed growth in July was the weakest in over a year and a half.