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: Finance
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…
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,…
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…
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…
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…
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…
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…
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…