UK Inflation Leads G7 Driven by Rising Energy Prices
The UK continues to experience one of the highest inflation rates in the G7, primarily fueled by escalating energy prices…
Category: Business
California wildfires inflict 50 billion euros in economic loss
Analysts predict the recent LA wildfires could result in a staggering financial impact of at least €50 billion on California’s…
Sweden Inflation Eases Riksbank Rate Cut Hopes Rise
Analysts are optimistic that the Swedish central bank will implement a reduction in its key policy interest rate later this…
China’s wealthy flee as leaders prepare for economic downturn
China’s leadership is preparing for potential economic shocks due to higher tariffs that US President-elect Donald Trump may impose upon…
EU Trade Chief Supports WTO in Geneva After Macron’s Doubts
French President Emmanuel Macron recently stated that the World Trade Organization (WTO) is failing to function effectively, highlighting that multiple…
Euro area unemployment stable at record low in November
In November, while Spain and France faced some of the highest unemployment rates across Europe, Germany emerged as a leader…
Eurozone economy slows in December 2024 economic report
The eurozone has experienced a downturn in business activity, primarily attributed to the struggling manufacturing sector, with France emerging as…
Italy negotiating SpaceX telecom security services deal
The Italian government is currently negotiating a significant telecommunications security services contract with SpaceX, valued at €1.5 billion. This potential…
Top In-Demand Jobs and Skills in Europe 2023
Information and Communication Technology (ICT) specialists continue to dominate the job market in Europe, representing a substantial 9% of all…
EU Sparkling Wine Production Exports Drop 8% for 2025
In 2023, the European Union experienced an 8% drop in the production and export of sparkling wine. Despite this downturn,…
Top European Cities for House Price Increases in 2025
The construction industry is struggling to keep pace with soaring demand in numerous countries, resulting in rising prices almost everywhere,…
Chess superstar resolves dress-code dispute with federation
World Chess Champion Magnus Carlsen has announced his participation in the upcoming World Blitz Championship, marking a surprising turnaround following…
Spain inflation exceeds forecasts as fuel prices rise December
Spain’s inflation rate unexpectedly soared to 2.8% in December, surpassing the anticipated 2.6%, primarily driven by rising fuel costs and…
Reasons to Resist Retirement and Keep Working Longer
The topic of raising pension ages in Europe has sparked significant political debate, despite the economic rationale supporting such measures.…
UK retailers worry as shoppers avoid Boxing Day sales
The UK’s traditional Boxing Day sales witnessed a significant decline in foot traffic in 2023, largely due to the increasing…