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Economy
RCERO Ljubljana: a recycling tale
Waste recovery is necessary to reduce the increasing quantity of landfill and other forms of rubbish dumping. Garbage can be transformed into fuel, wood, compost and other materials. Doing this can help to cut contamination, greenhouse gas emissions and landfill use.
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Economy
Spain's wildfire bill: up to €3.275 billion for firefighting alone
The area burned in Spain in 2026 is almost half that destroyed last year, putting firefighting costs between 1,723 and 3,275 million euros. This impact is compounded by losses in tourism and agriculture, and experts stress the importance of prevention.
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Economy
ECB holds rates at 2.25% as reignited Iran war boosts inflation fears
The European Central Bank left interest rates unchanged on Thursday, pausing after June's first hike in three years as easing inflation bought policymakers time, while renewed fighting in the Middle East caused a new rise in energy prices, keeping another hike firmly on the table for autumn.
Economy
Oil producers race to build alternatives to Hormuz as oil hits $100
Gulf oil producers are spending billions of dollars on pipelines designed to route crude around the Strait of Hormuz, as Iran's grip on the waterway drags on causing oil prices to hit $100 a barrel for the first time since May.
Economy
New UK PM touts 'cost of living government' with tax cut and £2 buses
Andy Burnham has used his first days in Downing Street to scrap the 5% VAT charged on household electricity bills and cap single bus fares in England at £2, telling his new cabinet that Britain now has a "cost of living government".
Economy
Food inflation to soar due to energy and fertiliser crisis, UN says
Rising energy and fertiliser prices are likely to continue contributing to food inflation globally, the UN warned in its latest report. This in turn can drive up the cost of a healthy diet and threaten progress against global hunger.
Economy
One in five EU jobs classed as vulnerable and Spain tops the list
Close to one in five jobs in the European Union qualifies as vulnerable on at least one of three counts, inadequate pay, insecure employment or a lack of workplace rights, according to a new report from Eurofound, which places Spain at the top of the table.
Economy
Eurozone inflation at 2.8%: Will it be enough for the ECB to pause?
Eurozone inflation was confirmed at 2.8% for June on Friday, marking the first decline this year and giving the European Central Bank a timely argument to keep its deposit facility rate unchanged at 2.25% when it meets this week.
Economy
EU unveils banking reforms to unlock billions in investment
In a bid to reduce fragmentation in the EU banking sector and meet companies’ growing investment needs, the European Commission has unveiled proposals aimed at making banks more competitive and potentially unlocking billions of euros for investment, but obstacles remain.
Economy
Does your salary buy as much as five years ago? Europe compared
Real wages fell by almost 2% in the eurozone between early 2021 and early 2026, but the impact on workers’ purchasing power varied sharply across Europe. Euronews Business examines where wages gained and lost the most — and why.
Economy
Heatwaves could drive Europe's food prices higher next year
While food inflation has eased across the eurozone, economists say this summer's extreme heat is now a bigger threat to next year's supermarket prices than the recent Iran war, as damaged harvests could outweigh the fading impact of higher oil and fertiliser costs.
Economy
China's economic growth hits slowest pace in more than three years
China's economy grew 4.3% year on year in the second quarter, its weakest pace since late 2022, as weak domestic demand and a prolonged property downturn outweighed strong exports, increasing pressure on Beijing to provide more economic support.
Economy
ECB selects 36 payment providers for digital euro pilot
The European Central Bank (ECB) has selected 36 payment service providers to help test the digital euro in a year-long pilot from 2027, marking the latest milestone in the EU's effort to create a digital form of central bank money while reducing reliance on foreign payment networks.
Economy
France shuts down nuclear reactors as heatwave intensifies
France's state-owned energy group EDF has temporarily shut down three nuclear reactors, while seven others could be operating at reduced power. France's largest electricity producer said the move was required to comply with environmental regulations.
Economy
Holiday prices in Europe: Which country is cheapest?
Where will your holiday money go furthest? A Euronews Business analysis of prices across seven of Europe's most popular holiday destinations found that Turkey is the cheapest overall, but the most expensive for alcohol, while Portugal offers the best value for accommodation and restaurants.
Economy
Global oil demand set for first annual drop since COVID, IEA says
Global oil consumption is on course to shrink this year for the first time since the COVID-19 pandemic, the International Energy Agency has said, as the war between the US and Iran throttled Gulf exports, though the IEA also noted supply increased in June.
Economy
Central banks face warning over rate cuts and inflation risks
Economists at the Tashkent Monetary Policy Dialogue warned that premature rate cuts could keep inflation above target. Uzbekistan’s lower inflation, falling expectations and reduced dollarisation show how credibility shapes monetary policy.
Economy
The five fastest-growing economies in Europe over the next five years
The IMF expects the eurozone to grow by little more than 1% a year through 2031. Yet some of Europe's fastest growth is forecast in smaller economies, with war-hit Ukraine among the countries expected to outpace the eurozone by more than two to one.
Economy
OPEC+ agrees another modest output rise as oil prices continue to fall
Seven countries in the OPEC+ alliance agreed to lift their combined oil output by a modest 188,000 barrels per day in August, adding supply just as crude prices slide back to levels not seen since before the Iran war erupted.
Economy
Gender pay gap vs pension gap: Why is inequality worse in retirement?
The gender pension gap in the EU is more than double the gender pay gap. Experts point to additional factors, including gaps in hours worked and contribution years, which largely result from gender roles and unpaid care work.
