Dampened economic prospects, two raging wars and extreme weather events have all deeply affected Europe in 2023. ADVERTISEMENT Whilst the cost of living crisis showed signs...
The highly anticipated deal on the reform of the European Union’s fiscal rules will not arrive until November at the very least, pushing the bloc closer...
The annual inflation was still double the European Central Bank’s target, however. ADVERTISEMENT The Eurozone’s annual inflation rate slowed down to 4.3% year-on-year in September, Eurostat announced...
As eurozone businesses face sharp declines in outputs and new orders, experts believe the European Central Bank (ECB) faces a complex challenge as it decides whether...
The 20 countries that use the euro currency and their 346 million people saw modest economic growth of 0.3% growth in the second quarter of the...
Recent heat waves could cut global growth by almost 0.6 percentage points in 2023 with several European countries particularly impacted, according to an estimate by Allianz...
Paolo Gentiloni, the European Commissioner for the economy, offered on Friday a candid assessment of the European Union’s fiscal framework. “Public debt increased in the last...
The Spanish presidency of the EU Council has put forward a new approach to the ongoing negotiations of the bloc’s fiscal rules. During a meeting of...
Europeans seem to have moved on from the worst of the energy crisis. The question of energy supplies, which were dramatically upended in the aftermath of...
New data on the profits of the world’s largest businesses has renewed calls for permanent windfall taxes across all sectors of the economy. A study published...
