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Economic growth

Business

Retail sales slump bodes ill for UK economy

British retail sales posted their biggest quarterly fall in seven years in Q1 2017, as rising prices since the Brexit vote pressured consumers.

British retail sales posted their biggest quarterly fall in seven years in Q1 2017, as rising prices since the Brexit vote pressured consumers.

Business

IMF and World Bank: Trump trade face-off

The heads of the International Monetary Fund and the World Bank are upbeat on working successfully with the Trump administration.

The heads of the International Monetary Fund and the World Bank are upbeat on working successfully with the Trump administration.

Business

IMF raises growth predictions, frets about protectionism

The International Monetary Fund has raised its global growth forecast for 2017 but warned protectionist policies could undermine the modest recovery.

The International Monetary Fund has raised its global growth forecast for 2017 but warned protectionist policies could undermine the modest recovery.

Business

Where does Croatia fit into a Multi-Speed Europe?

Guillaume Desjardins, euronews: In the case of a two speed union, that more and more people are talking about, in which speed group can Croatia fit in?

Guillaume Desjardins, euronews: In the case of a two speed union, that more and more people are talking about, in which speed group can Croatia fit in?

Business

Europeans shop till they drop in February

February was a good month for fashion as Europeans bought clothers by the bundle boosting the overall retail sales figures beyond expectations.

February was a good month for fashion as Europeans bought clothers by the bundle boosting the overall retail sales figures beyond expectations.

Business

Federal Reserve raises benchmark interest rate to 1.0 percent

The US Federal Reserve raised interest rates for the second time in three months, a move spurred by steady economic growth and strong job gains.

The US Federal Reserve raised interest rates for the second time in three months, a move spurred by steady economic growth and strong job gains.

Business

How should Europe react to inflation forecasts?

Lucrezia Reichlin, Professor of Economics, London Business School: The countries that are part of the Euro Area – I think that definitely the European Central Bank should keep on providing the stimulu

Lucrezia Reichlin, Professor of Economics, London Business School: The countries that are part of the Euro Area – I think that definitely the European Central Bank should keep on providing the stimulu

Business

What are Europe’s biggest uncertainties?

Lucrezia Reichlin, Professor of Economics, London Business School: Well I think if we look at the US, the uncertainty is obviously the Trump factor.

Lucrezia Reichlin, Professor of Economics, London Business School: Well I think if we look at the US, the uncertainty is obviously the Trump factor.

Business

Businesses need Europe to change

Anne-Sophie Panseri, CEO, Maviflex: I’ll be optimistic because the development of my company is involved, and it is a major issue for us, but I think that Europe needs to rethink its…

Anne-Sophie Panseri, CEO, Maviflex: I’ll be optimistic because the development of my company is involved, and it is a major issue for us, but I think that Europe needs to rethink its…

Business

UK shopping slowdown signals weaker growth

British Retail Consortium sees drop in non-food sales as Organisation for Economic Co-operation and Development frets about Brexit uncertainty.

British Retail Consortium sees drop in non-food sales as Organisation for Economic Co-operation and Development frets about Brexit uncertainty.

Nocomment

North Korean mobilisation rally

North Korean authorities gathered more than 50,000 people together on Monday in a show of support for the country’s latest mobilisation campaign.

North Korean authorities gathered more than 50,000 people together on Monday in a show of support for the country’s latest mobilisation campaign.

Business

German economy and budget surplus soar, but Merkel shuns new debt

Germany's economy grew 1.9 percent last year boosting the budget surplus hugely, but Chancellor Merkel says the country won't take on any new debt.

Germany's economy grew 1.9 percent last year boosting the budget surplus hugely, but Chancellor Merkel says the country won't take on any new debt.

Europe

Commission tells Germany to boost public investment

The European Commission says Germany’s sound public finances mean it could put more money into public investment to boost growth.

The European Commission says Germany’s sound public finances mean it could put more money into public investment to boost growth.

Business

French unemployment slips, still high

French unemployment remains high, but the rate has fallen for the second year running to 9.7% in mainland France, 10% including overseas territories.

French unemployment remains high, but the rate has fallen for the second year running to 9.7% in mainland France, 10% including overseas territories.

Business

Eurozone economic growth revised down for end of 2016

Eurozone economic growth in the final three months of last year was not as good as initially thought - 0.4% rather than the initial 0.5% estimate.

Eurozone economic growth in the final three months of last year was not as good as initially thought - 0.4% rather than the initial 0.5% estimate.