Eurozone inflation climbs again as energy costs increase
The surge in inflation figures for December was primarily driven by increasing service prices, despite being somewhat balanced by declining…
Category: Economics
MEPs Call on Commission to Address Musk’s Interventions
In a recent letter addressed to President Ursula von der Leyen of the European Commission, a group of Members of…
CEO Earnings in Europe’s Top 100 Companies Revealed
In 2023, CEOs of Europe’s largest companies earned an astonishing 110 times more than the average worker in the region.…
World Bank warns of growing challenges for developing economies
Weak investments and climate change pose significant threats to the growth trajectory of developing economies following a period of substantial…
UK economy grows again after three months of decline
The UK economy showed signs of recovery in November 2024, bouncing back from an unchanged contraction in October. This growth…
Rising Borrowing Costs Impacting UK Government Explained
Rising borrowing costs are squeezing the UK government’s budget, impacting critical sectors such as the National Health Service, military, emergency…
Inflación en España se confirma en 28% por aumento de combustible
Spain’s inflation rate surged in December, driven primarily by increased transportation costs and a rise in cultural and recreational expenses.…
French Inflation Stable in December as Energy Prices Rise
France’s inflation rate rose to 1.3% year-on-year in December, primarily driven by increasing energy prices. Despite this upward trend, declining…
EU Competitiveness Agenda Sparks Union and Green Group Concerns
Leaders from trade unions and environmental organizations, representing over 250 groups, have issued a strong warning against excessive deregulation as…
Nordics Baltics urge EU to strengthen Russian oil price cap
Denmark, Estonia, Finland, Latvia, Lithuania, and Sweden are advocating for a reassessment of the price cap on Russian seaborne oil,…
How Households Can Reduce Energy Costs Effectively
Energy poverty is a pressing global issue, impacting millions who spend over 8 percent of their annual household income on…
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…
Rising Housing Costs Impact Job Market and Staff Availability
Increasing housing costs have prompted many employees to relocate away from capital cities. As a response, numerous employers are now…
French budget discussions pension reform is essential says CEO
France is currently navigating a challenging political landscape as the government engages with party representatives in hopes of garnering support…
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…