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Economy

Economy

Eurozone GDP beats forecasts: Portugal emerges as growth leader

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Economy

Fed cuts key rate yet Powell says future reductions are not locked in

USA

Trump lowers tariffs on China to 47% after meeting with Xi

Economy

EU inks agriculture deal with Ukraine but political obstacles remain

Germany

This is how dependent Germany is on Chinese medicines

South Korea

Trump given golden crown in South Korea but trade deal remains elusive

Economy

Buying in the Alps? Here is where prices have increased the most

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Economy

How long can the Russian economy continue to fund the frontline?

The Russian economy is balancing on the edge of recession, yet the war could go on for years. Its financing appears to have no immediate major obstacles, according to experts.

China

China signs expanded ASEAN free trade pact amid Trump protectionism

The free trade area covers a combined market of more than 2 billion people, lowers tariffs on goods, and boosts flows of services and investment.

Economy

Why is China restricting rare earth exports and will the EU respond?

European Commission President Ursula von der Leyen says the EU is ready to use "all tools" in response to Chinese export controls of rare earths as industry suffers.

Economy

US borrowing expected to rival Europe’s most indebted states, says IMF

The United States is on track to record the steepest debt increase among major economies, according to the IMF — surpassing levels in Italy and Greece for the first time this century.

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The Cube

Fact check: How much do immigrants cost the Netherlands?

As in many European election campaigns, the cost of immigration has been a hot topic ahead of the Dutch vote, with many inflated figures being thrown about in the media and online.

Economy

Searches for UK seasonal jobs peak ahead of Christmas period

With Halloween just around the corner, it is far too early for many to think about sleigh bells and Christmas cheer. Jobseekers, however, remain an exception to the trend, with the search for seasonal work well underway.

Economy

US-China trade deal closing in ahead of high-stakes meeting

Beijing decided to implement tighter restrictions on rare earths exports that are needed for advanced technologies. In response, Trump threatened additional tariffs on Chinese imports.

Economy

Can economics education help to shield democracy from populism?

By learning how societies navigated past downturns, students build empathy, critical thinking and resistance to simplistic blame games that fuel the far right and populism — according to a Council of Europe body.

Economy

Tensions high as China and EU prepare another meeting on rare earths

Maros Šefčovič's meeting with his Chinese counterpart is cancelled. Instead, EU and Chinese experts will discuss China's rare earth export controls in Brussels.

Business

Jaguar Land Rover cyberattack drives UK car production to 73-year low

UK factories built 35.9% fewer vehicles in September after major manufacturer JLR was knocked offline by a cyber incident. Now the sector is accusing Westminster of unfairly taxing its own workers, putting Britain’s economy at risk.

Europe in Motion

Job growth: Which European regions are rising fastest?

Is southern Europe bridging the employment gap with the north? Greek, Spanish, Portuguese and Italian regions are showing significant job rate growth.

Economy

Eurozone private sector logs strongest growth in over two years

Eurozone private sector activity rose at its fastest pace since mid-2023 in October, driven by strong services growth in Germany. France lagged with deepening contraction.

Economy

China focuses on high-tech and consumers as trade wars hit economy

An outline of the ruling Communist Party's blueprint for the next five years was laid out in a 5,000-word communique released on Thursday.

Economy

Too costly to mint? Germany says 'nein' to silver commemorative coins

The German finance ministry has halted the release of two silver coins after a surge in metal prices made minting them uneconomical. The decision marks a cautious pause in a decades-long tradition that celebrates German culture and innovation.

Economy

Trump ends trade talks with Canada over anti-tariff TV advert

US President Donald Trump's post came after Canadian Prime Minister Mark Carney said he plans to double Canada's exports to countries other than the US in response to Washington's tariffs.

World News

Carney says Canada will double non-US exports over US trade policy

According to Carney, the decades-long process of an ever-closer economic relationship between the Canadian and US economies is now over.

Economy

Inflation in the UK remains high, sitting at 3.8% in September

Consumer prices remained almost twice as high as the Bank of England’s 2% target in September.

Economy

EU Commission calls for no escalation with China over rare earths

In a tense context for European companies, European Commissioner for Trade Maroš Šefčovič held a phone call on Tuesday with his Chinese counterpart Commerce Minister Wang Wentao over rare earth export restrictions.

Economy

David Lindberg to lead HSBC UK as bank sharpens customer focus

HSBC has named former NatWest executive David Lindberg as CEO of its UK ring-fenced bank, part of a sweeping restructuring aimed at streamlining operations and sharpening its customer focus.

Economy

Italian budget: Politicians clash over tax raise on short-term rentals

The 2026 budget plan, worth around €18 billion, is expected to reach Parliament in the coming days. It includes a wide range of measures such as an income tax cut and bonuses for working mothers. More divisive, however, is a proposal to increase the flat tax on short-term rentals.

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Economy

Pay transparency in Europe: Which countries are leading or lagging?

EU Member States are required to implement the Pay Transparency Directive by 7 June 2026. However, many have yet to take action. Euronews Business takes a closer look at the progress so far.

Economy

China's economy grows at slowest pace in a year amid US trade war

Tensions between Beijing and Washington remain elevated, and it’s unclear if Trump and Chinese leader Xi Jinping will go ahead with a proposed meeting during a regional summit at the end of this month.

Economy

Car and vehicle prices across Europe: How much is it in your country?

From budget-friendly bicycles to expensive cars, Euronews Business takes a closer look at how the price levels of personal transport equipment vary across Europe, revealing the most and least expensive countries.

Business

BBVA fails in €17bn takeover battle for smaller Spanish rival Sabadell

The bid only convinced shareholders representing 25.47% of Sabadell voting rights. That was far short of the 50% BBVA needed for the deal to pass outright.

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Economy

Electricity trade in Europe: Who imports and who exports the most?

Energy is an essential part of our daily lives and the backbone of our economies. After Russia’s invasion of Ukraine, energy security became a hot top in Europe — as did affordability. Euronews takes a closer look at the electricity trade, revealing the continent’s net importers and exporters.

Poland

Polish president signs zero income tax law for parents with two kids

The bill, presented by Karol Nawrocki in August, removes the income tax obligation on families earning up to 140,000 zloty (€32,973) a year.

Economy

Feeling the strain: Italian pasta makers boil over Trump tariffs

Faced with the threat of exorbitant US tariffs, Italian pasta producers are hoping for political support — and that they will not have to wait for a legal resolution to their case.

Economy

Property bubbles: Where in Europe are houses the most overpriced?

A new European Commission report published on Tuesday shows that house prices in Portugal are among the highest in Europe, with tourism and the crisis in the construction sector being the main factors.

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Economy

Rome clears EU-bound budget draft with healthcare trims

With the EU’s filing deadline looming, Rome approved its draft budget plan on Tuesday and will reconvene this Friday to lock in the tax cuts and funding. That's before sending the full budget bill to parliament by 20 October.

Europe News

EU vows to protect Spain from Trump's tariff 'punishment'

Donald Trump has threatened to unleash "trade punishment" on Spain in response to the country's refusal to meet NATO's 5% target.

Economy

Saudi Arabia pledges billions with Cultural Investment Conference

Saudi Arabia has further signalled its determination to diversify its assets by hosting a global conference to discuss investing in culture, its role in economic and social development and strengthening national identity.

Economy

Germany greenlights €2,000 tax-free earnings for pensioners

From 2026, Germany will keep expert retirees in the labour market by allowing them to earn up to €2,000 a month tax-free.

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Economy

EU trade chief Šefčovič slams China’s rare earth export curbs

EU Trade Commissioner Maroš Šefčovič took aim at China and its new trade policy on rare earths on Tuesday, denouncing "unprocessable" Chinese requests on EU companies.

Economy

EU Commission slaps three major fashion brands with €157 million fine

An investigation launched in 2023 revealed that Gucci, Chloé and Loewe imposed their own pricing policies on retailers, thereby increasing product prices and reducing consumer choice. Gucci was hit the hardest, with a fine of €119 million.

Economy

German economic sentiment edges higher but recovery remains fragile

Germany’s ZEW economic sentiment slightly rose in October, yet annual inflation accelerated to 2.4% last month, driven by rising service costs. Markets fell, with the DAX down 0.9%, as renewed US-China trade tensions weighed on sentiment.

Economy

Government shutdown could be longest ever, warns House Speaker Johnson

With Congress and the White House in stalemate, some are eyeing the end of the month as the next potential deadline to reopen the government.

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Economy

Employment of recent university graduates: European countries compared

Euronews Business takes a closer look at the employment rates of recent higher education graduates, including the gender gap.

Europe News

Austrian bank takes centre stage as EU pushes new sanctions on Russia

Raiffeisen is seeking to offset €2.1 billion in damages imposed by a Russian court. As a solution, Austria has proposed to unfreeze the assets of a sanctioned Russian company. But the plan has proven controversial.

Economy

Mokyr, Aghion and Howitt win 2025 Nobel Prize in Economics

Joel Mokyr, Philippe Aghion and Peter Howitt win Nobel Prize for Economics 'for the theory of sustained growth through creative destruction'.

Economy

China's global exports are booming amid looming trade war with US

Trade numbers confirm that Chinese exports to the United States fell, but jumped globally, as a new 100% tariff threat from US President Donald Trump promises a rocky patch ahead of trade negotiations between the world's two strongest economies.

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Economy

China 'not afraid' of tariff war following Trump 100% tariff threat

“China’s stance is consistent,” the Chinese Commerce Ministry said in a statement posted online. “We do not want a tariff war but we are not afraid of one.”

Economy

Perceptions of tax fairness in Europe: Are the rich paying their way?

Perceptions of tax fairness are generally higher in Nordic and Western European countries, while they tend to be lower in Eastern Europe. Experts attribute this gap to the quality of public services and the tax system’s capacity to redistribute wealth.

Economy

Looking to retire? The world’s best destination is in Europe

Three European countries ranked among the five most attractive global destinations for retirees this year, based on their high quality of life, tax efficiency, and safety.

Economy

US throws Argentina €17bn lifeline as Milei-Trump ties deepen

Washington’s rare move to buy pesos and open a massive swap line steadied Argentina’s markets — but set off a political storm.

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How long can the Russian economy continue to fund the frontline?

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Fed cuts key rate yet Powell says future reductions are not locked in

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