World news about “European economy” published by euronews.
Falling eurozone inflation raises deflation fears Falling prices – particularly in Germany and France – pulled eurozone inflation to its lowest for three years in April. The sharp drop – to 1.2 percent –… 16/05/2013
Rehn accuses Cyprus of ignoring warnings over its finances Cyprus has been accused ignoring early warnings over its beleaguered finances. The charge was made by Ollie Rehn at an extraordinary meeting of the European… 08/05/2013
Europe faces up to a gloomy year Europe will remain mired in recession for the rest of this year, according to the latest EU forecasts. The European Commission says the eurozone will shrink… 03/05/2013
Eurozone recession bites deeper The European Commission has cut its growth forecasts for the eurozone, indicating a deeper recession this year and a slower recovery next year. In its… 03/05/2013
Euroscepticism on the rise, says EU poll Trust in the EU has fallen to a record low, a European Commission poll says. It surveyed the bloc’s six biggest countries: Poland, the UK, France, Italy… 25/04/2013
IMF sees bumpy recovery The International Monetary Fund has trimmed its projections for global economic growth for this year and next. It says that is to take into account sharp… 16/04/2013
How many more bailouts for Europe? Slovenia faces the risk of a severe financial crisis as the cost of rescuing its banks could be significantly higher than initially estimated. So said the… 12/04/2013
Did Thatcher sow the seeds for today’s crisis? Margaret Thatcher’s supporters say much of what she did in the 1980s has relevance for today’s moribund European economy. They point out she turned around a… 09/04/2013
Eurozone economic downturn deepens The eurozone’s economic downturn deepened this month, even before Cyprus’ bailout troubles, according to first results from surveys of thousand of… 21/03/2013
Moscow talks on alternative deal to prevent Cyprus going broke Talks continue in Moscow as the government of Cyprus tries to put together a deal to prevent the country’s bankruptcy by the next week. The European… 21/03/2013
Cyprus: mixed reactions among islanders to bailout chaos Their savings may have been protected by last night’s parliament vote, but how do Cypriots feel, knowing their country is teetering ever-closer towards… 20/03/2013
ECB rate cut more likely as inflation holds steady Eurozone inflation in February was at its lowest level since mid-2010, thanks to lower price pressure from food, alcohol and tobacco. Annual consumer… 15/03/2013
EU axe falls on bankers’ bonuses Italians delivered a stinging riposte to its political class and the age of austerity. MEPs agreed to hit bankers where it hurts them most: their… 01/03/2013
EU economies set for stormy 2013 Only a few weeks ago, EU officials were patting each other on the back and declaring that the euro crisis is over. Now the European Commission’s own… 22/02/2013
No respite for eurozone economy this year There is no chance of a return to economic growth in the eurozone until next year. That was the latest gloomy forecast from the European Commission on… 22/02/2013
European car sales hit new low Ford, PSA Peugeot Citroen and Toyota led European car sales to a new low in January. They were down 8.5 percent on the same month last year as austerity… 19/02/2013
Europe Weekly: Monti kicks off European tour Mario Monti’s tour around Europe, a new package of railway reforms from the European Commission, rights given to Icelanders faced with the collapse of their… 01/02/2013
SNS Reaal rescued by Dutch government The Dutch government has nationalised bank and insurance group SNS Reaal at a cost of 10 billion euros. It said that was to prevent the lender’s collapse… 01/02/2013
No EU budget deal in sight German MEP Martin Schulz has downplayed chances of a deal at the next EU budget talks. He said MEPs would not hesitate to use recently acquired powers to… 25/01/2013
Davos: the big top for an economic circus As the A-listers arrived in Davos, police marksmen looked down from the snow covered roofs of the picturesque Swiss ski resort. When the World Economic Forum… 23/01/2013
Davos: leaders look to ‘resilient dynamism’ The world’s power elite are gathered at the World Economic Forum in the Swiss ski resort of Davos focusing on how countries and companies can survive the… 23/01/2013
Taxing times ahead for banks and traders European Union finance ministers have approved a tax on all financial market transactions in 11 eurozone countries – including the two biggest economies… 22/01/2013
World Bank cuts growth outlook for 2013 A frustratingly slow recovery in developed nations is holding back the global economy, according to the World Bank. It has dramatically cut its outlook for… 16/01/2013
Entrepreneurs want EU to cut red tape now For years, the EU has talked about unleashing the growth potential of Europe’s start-ups. But entrepreneurs complain there is still too much red tape for… 09/01/2013
EU warns of growing poverty gap. A new EU report has warned of a growing poverty gap in Europe. The European Commission’s annual Employment and Social Developments review shows the… 08/01/2013
Eurozone bank supervision: how it works The deal reached in Brussels by European Union finance ministers on Thursday to create a single supervisor for the eurozone’s banks is the latest move… 13/12/2012
Bonus interview: Richard Wolff, Economics Professor at NYC’s New School Richard Wolff, Economics Professor at New York City’s New School, talks about the EU, the US and especially what he calls, the “contradictions of capitalism”. 23/11/2012
Eurozone factory downturn deepens There was no respite for the eurozone economy, as manufacturing in the region shrank for the 15th month running in October. Surveys of factory managers… 02/11/2012
Draghi’s first year in power One year ago ECB President Mario Draghi took office in the midst of tough times and since then has introduced a raft of measures against the eurozone… 02/11/2012
Eurozone downturn deepens, includes Germany German business sentiment dropped sharply in October, confirming Europe’s largest economy is now mired in the eurozone debt crisis. The Ifo economic… 24/10/2012
Europe Weekly: EU summit leads to banking supervision Another EU summit dominates this edition of Europe Weekly, with a look at the big decision coming out of a meeting where none was expected. We looking at the… 19/10/2012
European markets at close: 18.10.2012 18/10/2012
Eurozone September inflation stable Inflation in the eurozone held steady in September from a year earlier at 2.6 percent. That was the same as in August and slightly lower than the 2.7… 16/10/2012
Antonio Tajani on SMEs, strategy and new economy Serge Rombi: “Hello and welcome. We’re with Antonio Tajani, a vice-president of the European Commission and Commissioner for Industry and Entrepreneurship… 15/10/2012
And the winner is… EU gets the Nobel Peace Prize Europe Weekly takes a look at the reaction in Brussels to this prestigious award. Economic issues also dominated this week with the launch of the European… 12/10/2012
EU markets unimpressed by ESM ‘bazooka’ European investors were decidedly underwhelmed by the appearance of the European Stability Mechanism, with the indices of all bourses losing value of around… 08/10/2012
As Europe suffers, America stands by The eurozone crisis may be daily front-page news in Europe, but what about on the other side of the Atlantic? Do Americans gloat over the EU’s misfortunes… 05/10/2012
Cautious eurozone drivers pull down retail sales It seems eurozone motorists – worried about high prices and the region’s slide into recession – spent less on fuel during the normally busy summer driving… 03/10/2012
China rising: Will new leadership bring about change? As China’s Communist Party Congress approaches and with it an expected change of leadership, China-watchers are considering what policies may stand to change… 03/10/2012
Eurozone slump deepens The European Central Bank’s aggressive new bond-buying plan has not boosted business activity or sentiment in the eurozone. The latest surveys of company… 20/09/2012
EU Commission to limit food-based biofuels In a major policy shift, the European Commission has said it wants to cap food-based biofuels to five percent. The new limit was announced during informal… 17/09/2012
Stiglitz warns Europe: don’t mimic US A new work by Joseph Stiglitz, ‘The Price of Inequality’, is bad news. We interviewed the Columbia University Professor and Nobel Economics laureate about his… 13/09/2012
More gloom for eurozone economy The eurozone seems to be heading for its second recession in three years. The region’s economy will shrink by around 0.5 percent in the current quarter… 23/08/2012
Europe’s woes hit Chinese factories China’s once booming manufacturing sector is contracting at its fastest pace in nine months new business surveys show. That is due to falling demand from… 23/08/2012
Deal or no deal? Groupon under pressure Shares of Groupon slumped over 20 percent on Tuesday after its quarterly revenue came in lower than expected and it gave a cautious profit outlook. The… 14/08/2012
Draghi says ECB working on plans for bond purchases “The euro is irreversible” was the headline from European Central Bank head Mario Draghi at the bank’s monthly policy meeting, but exactly what it will do to… 02/08/2012
European markets at close: 01.08.12 01/08/2012
European markets at close: 31.07.12 31/07/2012
European markets at close: 26.07.12 26/07/2012
European markets at close: 25.07.12 25/07/2012
Eurozone’s confidence crisis as manufacturing slumps The eurozone’s private sector shrank for the sixth straight month in July, owing to a slump in manufacturing, according to a survey released on… 24/07/2012
Four regions weather the economic storm The gentle summer song of road diggers has never been more welcome in Europe! It is music to the ears in these times of economic crisis because it means… 11/07/2012
Hollande goes to Downing Street New Socialist French President François Hollande has been visiting traditionally eurosceptic London, on his first official trip to Britain. Current policy… 10/07/2012
European markets at close: 06.07.12 06/07/2012
Record low eurozone rates – too little too late? After the latest EU summit, the European Central Bank has cut interest rates. But at the same time, it resisted pressure to do more. It seems that ECB head… 06/07/2012
European markets at close: 05.07.12 05/07/2012
New high for eurozone unemployment The number of people without a job in the eurozone in May rose to the highest since the introduction of the euro. With increased lay-offs in France, Spain… 02/07/2012
EU bank aid deal ‘better than expected, worse than needed’ National debt risk must be distanced from banking debt risk, in hopes that dangerous contagion can be averted. This was the European Union’s priority, its… 29/06/2012
Last chance summit in Brussels – again Rarely have markets anticipated bad news for an entire week: another disappointment stemming from another EU crisis summit. But then – relief as eurozone… 29/06/2012
Spain and Italy get EU deal on banking bailouts Italy and Spain meet in Warsaw in the final of the euro 2012 on Sunday. And both countries will be pleased with their performance in the political arena too… 29/06/2012
Draghi: ‘EU must clarify euro vision’ European Central Bank President Mario Draghi has urged European leaders to clarify their vision for the euro, saying the ECB cannot fill the policy… 31/05/2012
Europe Weekly: Trying to save the eurozone On Europe Weekly this week, we look at European leaders’ efforts to save the eurozone. Radical left Greek politician Alexis Tsipras visited leftist… 26/05/2012
Germany and France set out summit position The German and French finance ministers have met in crisis talks to hammer out a joint position on growth ahead of Wednesday’s European summit in… 21/05/2012
Greece could say goodbye to the euro What was once dismissed as unthinkable is now talked about openly. Greece could leave the euro. In fact US bank Citigroup puts the chances of an exit within… 14/05/2012
Draghi holds his fire – but for how long? Several weeks ago, ECB president Mario Draghi told a German newspaper that the worst of the euro debt crisis was over, but it seems things have not gone… 04/05/2012
Europe Weekly: May Day march against austerity Hundreds of thousands of people across Europe marked the May Day holiday by holding rallies and demonstrations. One of the most vocal was in Greece where… 04/05/2012
The growth predicament of the eurozone The euro debt crisis is back on the front burner. The latest economic news from Greece and Spain is worrisome. Now political leaders in the eurozone seem… 27/04/2012
What has become of Europe? In this edition of U-talk, Marcel from Brussels asked: “What is Europe? I understand that it was founded to prevent wars in the countries of Europe, it was a… 24/04/2012
Political fears undermine share prices Europe’s stock exchanges headed deep into the red on Monday with investors reacting to political worries. They sold off shares – to buy things like safe… 23/04/2012
Eurozone exports race ahead in Feb French and German cars and machinery led a surge in eurozone exports in February, surprising many economists. Exports went up 11 per cent to give a trade… 16/04/2012
D’Alema: Merkel represents a ‘selfish Europe’ Former Italian Prime Minister and President of the Foundation for European Progressive Studies, Massimo D’Alema is considered a prominent, Italian leftist. He… 12/04/2012
Euro crisis over – confidence back? The European economy that has been hibernating for such a long time is finally waking up – or so it seems. EU leaders suggest that the crisis is more or less… 30/03/2012
Brussels seeks tougher rules to ban non-EU firms Brussels has unveiled plans to potentially ban non-EU firms from government contracts. The proposed powers aim to strengthen the bloc’s arsenal against trade… 21/03/2012
Good progress on fish discard ban, say EU ministers European fisheries ministers meeting in Brussels say they have made good progress on ending the discarding of unwanted fish – despite initial opposition from… 19/03/2012
Is austerity the best policy? Martin from Brussels put this question to Marc Touati, economist and author of the book, “When the eurozone will explode”: “Are austerity policies a real… 02/03/2012
Banks not using most ECB cash for loans Eurozone commercial banks may have borrowed over one trillion euros from the European Central Bank in cheap long-term loans, but they are not lending most of… 02/03/2012
EU fiscal compact treaty signedSignatures are seen on a ‘fiscal compact’ enshrining common debt rules among the 17 members of the eurozone during a European Union leaders summit in… 02/03/2012
Eurozone factory activity falls further The eurozone’s manufacturing sector contracted for the seventh month running in February, with the region’s factories facing some of the toughest conditions… 01/03/2012
Eurozone on brink of recession The eurozone economy is in danger of tipping into recession as the services sector shrank this month along with manufacturing. Surveys of company purchasing… 22/02/2012
Eurozone economy contracts further The north-south split is becoming more pronounced as the eurozone economy shrinks. Gross domestic product for the 17-nation currency bloc contracted by 0.3… 15/02/2012
Maastricht with hindsight European figures have been commemorating the 20th anniversary of the signing of the Maastricht Treaty, which led to the creation of the euro, in spite of many… 07/02/2012
Europe slips deeper into debt, but eurozone improves New figures show the combined debt of the eurozone’s governments fell slightly towards the end of last year. In the third quarter of 2011, debt was 87.4… 06/02/2012
Global financial court promises firm rulings The world’s first international tribunal for complex financial litigation has opened in the Netherlands, headquartered at the Peace Palace in The… 17/01/2012
Europe Weekly: Tobin or not Tobin This week our current affairs round-up concerning all things Europe takes a look at the Tobin tax. The man it is named after, economist James Tobin, said… 13/01/2012
ECB sees ‘substantial’ effect from cheap loan policy The European Central Bank says its flood of cheap long-term loans to eurozone banks is helping them substantially and ECB President Mario Draghi believes that… 12/01/2012
EU Commission economic forecast statementEU Commissioner Olli Rehn, in charge of Economic and Monetary Affairs, presents the economic forecast for the eurozone and the EU 2013-2014. The Commission… 22/02/2013
Higher wages – not austerity – is the cure for eurozone crisis, say economistsAs unemployment in the eurozone nears 12%, expert voices are joining protesters in criticising the spread of austerity measures in the area. On January 8… 09/01/2013
Cameron warned not to burn bridges with EuropeBritain is in danger of further hurting its sluggish economy if it continues to plough an anti-European furrow. So says the Confederation of British… 19/11/2012
Spain seeks to raise more cash on the marketsSpain is once again set to become the focus of market attention as the government tries to raise between two and three billion euros via short-term… 24/07/2012
Cameron seeks to end spat with new French leaderAfter ruffling French feathers just after the election of François Hollande, British Prime Minister David Cameron made sure the red carpet treatment was on… 10/07/2012
Eurozone interest rates at new low to aid flagging economyThe European Central Bank has cut borrowing costs to a new record low trying to breathe life into a weakening eurozone economy. The benchmark interest rate… 05/07/2012
EU summit outcome exceeds – low – expectationsThere have been 20 summits since the euro crisis began, and for once, analysts say, leaders have exceeded – admittedly low – expectations. Economists have… 29/06/2012
Eurozone bends the rules to save single currencyAt the end of a two-day summit, the eurozone has adopted a more flexible approach to tackling its crippling debt crisis. The bloc’s future permanent bailout… 29/06/2012
Leaders’ late night breakthrough in euro crisisThe talks went right through the night but ended in eurozone leaders agreeing a series of new measures aimed at stabilising the single currency. This… 29/06/2012
Spain on the brink of becoming Greece?The Spanish government has been struggling with its budget deficit for quite some time, but it now faces the biggest bailout of a bank ever. A request from… 29/05/2012
“In 40 years every home, every building will be a power plant” says Jeremy RifkinIn an exclusive interview coming soon on euronews Professor Jeremy Rifkin, special advisor to the European Union, claims that his “3rd Industrial… 18/05/2012
Hollande meets European Council president in ParisThe president of the European Council, Herman Van Rompuy, has been meeting with France’s new president. Francois Hollande, who swept to victory with an… 09/05/2012
European drastic debt diet also needs juiceCut up the credit card or shop till you drop? Will austerity really clean up public debts? Politicians and ordinary Europeans are deeply worried. Governments… 27/04/2012
Iran denies cutting off oil to EU nationsIran denied on Thursday that it has halted oil exports to a number of EU countries. Last week, two state-owned broadcasters said Tehran had stopped selling… 19/04/2012
Eurozone company surveys point to recessionMore signs have emerged that the eurozone economy is likely in recession. Company surveys reveal German and French manufacturing suffered a sharp decline in… 22/03/2012
