Germany inflation rate hits lowest level in over three years
Recent news has sparked optimism for a potential interest rate cut by the European Central Bank (ECB) as the policy…
Category: Business
Bank of France Deputy Governor Discusses Central Bank Challenges
Agnès Bénassy-Quéré, the deputy governor of the Bank of France, recently engaged in a conversation with Euronews’ Angela Barnes regarding…
UK jobs market faces worst month in over a decade
The UK’s job market continues to show signs of weakness, experiencing a decline for the 14th consecutive month as of…
Europe luxury market faces challenges as China’s growth slows
In August, China revealed consumer price growth that fell short of expectations, indicating persistent weakness in domestic consumer demand. This…
German economy struggles as more job cuts are expected
Recently, news broke that Volkswagen (VW), Europe’s largest automotive manufacturer, is contemplating the closure of two of its production plants.…
Hungary industrial decline worsens as car production falls
The future outlook for the Hungarian industrial sector appears grim, as the recent improvement in output is likely just a…
UK house prices reach two-year peak after summer boost
The August Halifax House Price Index has uncovered which regions in the UK are experiencing significant growth in house prices,…
ECB Rate Cut More Likely as Eurozone Growth Revised Down
Eurozone growth for the second quarter of 2024 was revised down to a modest 0.2%, indicating a slowdown in economic…
Eurozone retail sales rise in July as euro gains against dollar
Eurozone retail sales experienced a modest increase of 0.1% in July 2024, marking a recovery from a 0.4% decline in…
Turkish inflation rate drops fueling expectations for rate cuts
Annual inflation in Turkey has been on a downward trend since June, yet the figure for August remains more than…
European Manufacturing Crisis Causes and Current Challenges
Europe’s manufacturing sector is currently facing significant challenges, with the August Purchasing Managers’ Index (PMI) indicating a worsening downturn. Germany…
Bank of France Governor supports ECB rate cut in September
François Villeroy de Galhau, the Governor of the Bank of France, is advocating for a reduction in interest rates by…
EU Countries Where People Can’t Afford Holidays
The trend of travel among Europeans showcases the stark economic disparities present across the EU, revealing where financial limitations significantly…
EU Eurozone unemployment figures for July 2023
Eurostat has unveiled its latest findings on unemployment rates across the EU and Eurozone for July 2024. According to data…
Germany inflation rate drops to lowest level since March 2021
In August 2024, Germany’s inflation rate fell to 1.9%, marking its lowest level since March 2021. This decline has raised…