Slovak Price Hikes Hit Sweet Eaters and Smokers Hard
Slovakia’s parliament has recently enacted a significant new law aimed at increasing the prices of sugary beverages and tobacco products.…
Category: Economics
Eurozone Business Activity Declines as Olympic Impact Weakens
Business activity in the Eurozone experienced a contraction in September, accompanied by diminished demand that has alleviated some inflationary pressures.…
EU Plans to Use Frozen Russian Assets for €35 Billion Ukraine Aid
The profits generated from Russia’s frozen assets play a crucial role in the €35 billion loan pledged by the European…
Norway keeps benchmark interest rate at 4.5% a 16-year high
Why is one of Europe’s top-performing economies not aligning with the ECB’s monetary policy changes? The Norges Bank recently opted…
EU car industry demands urgent action as EV sales drop
The auto industry is urging policymakers to step in, warning that a lack of action could lead to high costs…
Impact of Fed Jumbo Rate Cut on European and Global Markets
The Federal Reserve’s significant interest rate cut could lead to an increased loosening of global liquidity, potentially causing a shift…
Overseas Visitors Flock to Milan as UK Lags Behind
Wealthy tourists from overseas are increasingly choosing to shop in France, Italy, and other European nations instead of the UK.…
Ireland requires tens of thousands more homes each year
Ireland’s housing market is facing a significant crisis, largely driven by a decade of insufficient supply and an urgent need…
US Federal Reserve cuts benchmark interest rate by 0.5%
On Wednesday, the Federal Reserve made a significant move by reducing its benchmark interest rate by a striking half-point. This…
Bank of England Holds Interest Rates Amid Stubborn Inflation
The Bank of England (BOE) will announce its interest rate decision this Thursday, as market analysts widely expect the rate…
US Federal Reserve Cuts Interest Rates for First Time in 4 Years
In a significant move, the US Federal Reserve is preparing to reduce interest rates for the first time in four…
Electric Vehicles Block Belgian Port Amid Slumping Demand
As the demand for electric vehicles (EVs) slows down, hundreds of these cars find themselves idling in a bustling car…
Brexit Impact Worsening Economists Highlight Concerns
A recent study indicates that the economic downturn resulting from the changed UK-EU relations following Brexit is unlikely to be…
Job Seekers Stay Positive Amid Declining Hiring Expectations
Euronews Business provides a comprehensive analysis of hiring expectations across 21 European countries, focusing specifically on key industrial sectors. As…
Budapest district joins Airbnb rental protest movement
Residents in Budapest, one of Hungary’s most vibrant cities, have joined a growing trend across Europe to limit short-term rentals,…