Articles for European Economy

A flailing economy has left the EU exposed to Trumpian outbursts
1 day, 21 hours ago

A flailing economy has left the EU exposed to Trumpian outbursts

Live Mint  

Given the plethora of crises the European Union has faced in the past 15 years or so—from the euro-zone miasma to those on migration, Brexit, the pandemic, then the war in Ukraine and an ensuing energy-price spike—it can be hard to know when one emergency ended and the next began. At the start of the week—as long ago as it …

France Ukraine Leaders America Mr Trump Budapest European Economy
Joint efforts improve circular economy
3 weeks ago

Joint efforts improve circular economy

China Daily  

China Daily | Updated: 2024-12-19 09:33 Wang Dongfeng, vice-chairman and secretary-general of the National Committee of the Chinese People's Political Consultative Conference, also president of the China Economic and Social Council, attends and addresses the 19th meeting of the China-EU Round Table held between the CESC and the European Economic and Social Committee in Beijing, capital of China, Dec 17, …

Economy China Circular Economy Circular Joint Efforts Cesc Cser
Inflation rose to 2.3% in Europe. That won’t stop the central bank from cutting interest rates
1 month, 1 week ago

Inflation rose to 2.3% in Europe. That won’t stop the central bank from cutting interest rates

Associated Press  

FRANKFURT, Germany — Inflation in the 20 countries that use the euro currency rose in November — but that likely won’t stop the European Central Bank from cutting interest rates as the prospect of new U.S. tariffs from the incoming Trump administration adds to the gloom over weak growth. The European Union’s harmonized index of consumer prices stood up 2.3% …

Europe Rate Cut Rates Ecb Ing
Worst of Britain’s Brexit pain is still to come, admits Treasury minister
2 months ago

Worst of Britain’s Brexit pain is still to come, admits Treasury minister

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. In a damning …

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Mario Draghi has solutions for Europe's sluggish economy. Will EU governments listen?
3 months, 4 weeks ago

Mario Draghi has solutions for Europe's sluggish economy. Will EU governments listen?

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. The report, requested by the …

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【双语财讯】美国通胀超预期反弹加大欧美政策分歧
8 months, 3 weeks ago

【双语财讯】美国通胀超预期反弹加大欧美政策分歧

China Daily  

美国通胀数据上周超预期反弹，同比上涨3.5%。这不仅打压了降息预期，导致美国市场震荡，引起市场机构重新评估通胀前景，也加大了欧美货币政策分歧。 2024年4月4日，顾客前往美国洛杉矶县阿卡迪亚市的一家“99美分商店”购物。拥有40多年历史的美国著名折价零售商“99美分商店”4日宣布将关闭全部371家连锁店，逐步停止业务运营。“99美分商店”以提供种类繁多、价廉物美的商品而受到顾客、尤其是中低收入者的欢迎，曾以绝大多数商品都只卖99美分甚至更低价格而闻名。但近年来，由于通胀等因素带来的压力，店内部分商品价格已出现明显上涨。（图片来源：新华社） Recent US Department of Labor data show that the consumer price index in the United States rose 3.5 percent year-on-year in March, up 0.3 percentage points from the growth in February, and the core CPI rose 3.8 percent year-on-year and 0.4 percent month-on-month, both exceeding expectations for three consecutive months. The minutes of the US Federal Reserve's monetary …

Inflation Interest Rates Interest Fed Rates European Inflation Data
English clubs’ financial power detailed in UEFA review of $25BN European football economy
10 months, 3 weeks ago

English clubs’ financial power detailed in UEFA review of $25BN European football economy

The Hindu  

The financial power of English football was detailed in a UEFA report Thursday analyzing the record 24 billion euros economy of top-tier clubs across Europe. English clubs also accounted for 764 million euros of the collective pre-tax losses of 3.2 billion euros by European clubs in 2022. SPONSORS, MERCHANDISE English clubs had almost 2 billion euros of commercial revenue — …

England Spain English Barcelona Liverpool Premier League Revenue
Europe’s inflation eased to 2.9% in October thanks to lower fuel prices. But growth has vanished
1 year, 2 months ago

Europe’s inflation eased to 2.9% in October thanks to lower fuel prices. But growth has vanished

Associated Press  

FRANKFURT, Germany — The inflation that has been wearing on European consumers fell sharply to 2.9% in October, its lowest in more than two years as fuel prices fell and rapid interest rate hikes from the European Central Bank took hold. The lower inflation figure follows a rapid series of interest rate hikes by the European Central Bank. The future …

Economy Europe Inflation Prices Fuel Prices
Macron vows to build back factories, boost France’s economy shaken by pension protests
1 year, 7 months ago

Macron vows to build back factories, boost France’s economy shaken by pension protests

Associated Press  

DUNKIRK, France — Building factories to boost job creation and make France more independent — that’s President Emmanuel Macron’s ambition for the French economy. While Macron woos investors to help “re-industrialize” France and reduce Europe’s dependence on China and the U.S., protesters follow him around the country, banging saucepans to protest economic injustice and his leadership. “France is changing, is …

France China French Billion European Macron Dunkirk
European economy sputters as war drives inflation higher
2 years, 8 months ago

European economy sputters as war drives inflation higher

CNN  

London CNN Business — The European economy slowed in the first three months of the year due to a combination of soaring inflation and early fallout from the war in Ukraine. “Russia’s brutal war against Ukraine has driven up prices for energy and foodstuffs, disrupted supply chains and dealt a serious blow to consumer confidence,” economists at Berenberg wrote in …

Ukraine Russia High German European Economy War Drives
European Central Bank to taper pandemic stimulus, but gently
3 years ago

European Central Bank to taper pandemic stimulus, but gently

Associated Press  

FRANKFURT, Germany — The European Central Bank decided Thursday to avoid an abrupt end to its pandemic crisis support for the economy as the new omicron variant of COVID-19 stirs uncertainty about the recovery, despite inflation hitting record highs and the U.S. speeding up its stimulus exit. The bank confirmed that it will phase out its 1.85 trillion euro pandemic …

Economy Europe Bank Stimulus European Lagarde European Central Bank
Europe’s economic recovery faces hit from high energy costs
3 years, 1 month ago

Europe’s economic recovery faces hit from high energy costs

Associated Press  

FRANKFURT, Germany — The European Commission raised its growth forecast for the year for the 19 countries using the euro, saying Thursday that the economy was bouncing back from the worst of the coronavirus pandemic as people went back to work in consumer-facing jobs. However, the EU’s executive branch lowered its outlook for next year, warning that painfully high energy …

Prices This Year High Energy European Economy
Brexit: Britain’s trade choice could prolong the worst recession in 300 years
4 years, 1 month ago

Brexit: Britain’s trade choice could prolong the worst recession in 300 years

CNN  

London CNN Business — The UK economy is suffering its worst recession in more than 300 years and failing to secure a new trade deal with the European Union will make its recovery even longer and more arduous, according to the country’s independent fiscal watchdog. The Office for Budget Responsibility said on Wednesday that a no-deal Brexit would reduce output …

Johnson Budget Responsibility Brexit Deal Trade Choice
Joining RCEP Would Have Had Negative Consequences for Indian Economy, Says S Jaishankar
4 years, 1 month ago

Joining RCEP Would Have Had Negative Consequences for Indian Economy, Says S Jaishankar

News 18  

India pulled out of the Regional Comprehensive Economic Partnership last year as joining it would have resulted in fairly negative consequences for the country’s economy, External Affairs Minister S Jaishankar said on Wednesday. In an address at an online discussion organised by the Centre for European Policy Studies, Jaishankar also forcefully pressed for reform of the United Nations, saying one …

India Trade Negotiation Agreement Jaishankar Fta Rcep
European economy: GDP weakest since records began
4 years, 8 months ago

European economy: GDP weakest since records began

CNN  

London CNN Business — Europe’s economy suffered its deepest contraction on record in the first quarter and worse is to come as the region crashes into a recession triggered by the introduction of measures to contain the coronavirus. Preliminary data published on Thursday showed that EU GDP shrank by 3.5% in the first quarter of 2020 versus the final quarter …

Data Quarter European Economy Economy Gdp European Economy Gdp
UK business leaders say ‘tough decisions’ needed to avoid Brexit catastrophe
5 years, 9 months ago

UK business leaders say ‘tough decisions’ needed to avoid Brexit catastrophe

CNN  

London CNN Business — Business leaders are voicing intense frustration with politicians who have plunged the United Kingdom deeper into uncertainty over Brexit. “No one would run a business like this -— and it is no way to run a country,” Adam Marshall, head of the British Chambers of Commerce, said on Thursday. “They need to start making tough decisions.” …

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