Greece believes a bumper influx of tourists this year will boost its economic recovery, but there are fears bailout linked sales tax hikes could threaten businesses.
Japan's economy unexpectedly picked up in the first three months of 2016 with annualised growth of 1.7 percent but that was partly due to a boost to consumption as this is a leap year.
The Greek economy looks set to shrink by 1.0 percent this year putting a further squeeze on ordinary Greeks and businesses after a 0.3 percent contraction in 2015.
US-based Starwood has signed a deal with Cuba's government to run two nationalised hotels in Havana becoming the first US company to invest heavily in Cuba since the 1959 Communist revolution.
The slowdown in emerging economies such as China could derail the eurozone’s fragile recovery, the European Commission said on Thursday. The single
The Bank of France has cut its forecast for economic growth in the country to 0.3 percent in the fourth quarter – a reduction of 0.1 percent – partly
Portugal's electorate sees the markets make their minds up about their votes, and money flees a possible Socialist-led left coalition coming into office
EU economics commissioner Pierre Moscovici talks to Euronews about the modest economic recovery in the EU and the positive impact of migrants on the European economy.
The clattering of pots and pans echoed through Brazil’s towns and cities on Thursday night to coincide with a televised message by President Dilma
The eurozone recovery is growing stronger according to the influential poll of purchasing managers. The report delivers figures of a four year high
Beating predictions and exceeding economic expectations. The economy in France grew at its fastest rate in nearly two years. It expanded by more than
In London, share prices soared as a new Conservative government emerged victorious from last week’s election. The prospect of immediate stability
Spain’s Q1 figures are in, and they show that output expanded at 0.9%, its fastest rate in seven years. It places the government on target to meet
Portugal remains on course for restored economic health after latest figures suggest it has managed to shrink its deficit, although the overall debt
Unemployment across the eurozone fell in January for the third month in a row while consumer prices fell by less than expected in February. Taken
Spain’s Prime Minister, Mariano Rajoy gave his annual state of the nation address to the lower house of Spain’s Parliament. Two thousand and fifteen
The Federal Reserve is remaining ‘patient’ on its interest rate raising timetable, while also voicing faith that the American economy will continue
This week we look at the largest initial public offering of shares in the United Arab Emirates since the global financial crisis. Emaar Malls
There is confirmation that the eurozone’s recovery stalled in the second quarter of the year The latest EU stats are in line with an earlier
Policymakers at the Federal Reserve are holding their regular two-day meeting, and the financial markets are not expected any dramatic announcements
The Bank of Spain has revised up its economic growth forecasts for this year and next. It now sees Spanish gross domestic product growing 1.3
More Europeans bought new cars in June. Sales were up 4.3 percent from a year ago. That reflected an economic recovery in southern Europe – with
Portugal’s government has said it is not going to take the final 2.6 billion euro installment of its bailout package. It is not that it doesn’t
All the elements are there for bold action by the European Central Bank to fight low inflation and high unemployment at their June meeting on
Growth in the eurozone’s key manufacturing area fell last month by more than expected, to a six-month low. Strong figures from Germany were offset
The latest surveys of eurozone businesses showed private sector growth is continuing, but it eased very slightly this month. Manufacturing activity
After three years Portugal has become the second eurozone country to exit its bailout, and like Ireland it will do so without a credit safety
The European Commission (EC) is predicting that price growth across the eurozone will pick up more slowly than expected this year and next, with low
Struggling French carmaker Peugeot has revealed its long-awaited recovery plan. Dubbed “Back in the race” it involves reducing capacity, the number
International Monetary Fund sees strengthening but worries about uneven global growth and inequalityThe International Monetary Fund has predicted the worldwide recovery will strengthen this year as output in richer nations picks up. But it warned
The International Monetary Fund has predicted the worldwide recovery will strengthen this year as output in richer nations picks up. But it warned