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,…
Category: Economics
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…
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…
UK leads Europe in electric vehicle market growth
The UK achieved a significant milestone in 2024, securing the top position in Europe’s electric vehicle (EV) market. However, this…
Lombard sets 2024 deficit target for French finance reforms
“The target we have set provides greater flexibility compared to the previous government’s goals,” stated Finance Minister Éric Lombard. The…
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…
Regional Housing Cost Gaps in Europe’s Big Cities
Regional disparities in housing costs relative to disposable income exhibit considerable variation across nations. The United Kingdom reports the widest…