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Economy

UK economy stagnates as concerns of recession increase

Revised figures show that the UK's economy registered zero growth between July and September as both the services and production sectors saw marked declines.

Economy

UK economy unexpectedly shrinks in October for second straight month

The figures come as a setback for the new Labour government and its pro-growth agenda.

Economy

French central bank expects zero growth in fourth quarter

The bank's monthly survey shows a rising uncertainty among businesses in Europe's second-biggest economy.

Europe in Motion

Defence spending boost: Which EU countries are investing the most?

Largely fuelled by the war in Ukraine, EU member states' military spending peaked at €279 billion in 2023, with 2024 expected to hit €326 billion.

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Economy

Swiss GDP grows underwhelmingly as manufacturing remains weak

The Swiss economy is expanding slowly, buoyed by trade but hit by weak manufacturing figures.

Economy

Modest growth in the German economy helps it avoid a recession

Europe's biggest economy expanded by 0.1% in the third quarter, revised down from the first estimate of a 0.2% rise.

Economy

Irish economy likely to lag in 2024 as multinational sector declines

The European Commission expects the Irish economy to decline in 2024. However, growth is expected to pick up pace again in 2025, before stabilising in 2026.

Economy

UK economic growth slows down sharply in the third quarter

UK economic growth slowed down sharply in the third quarter of the year, official figures showed on Friday.

Economy

What Europe can learn from the US about growth, reveals IMF report

A slowdown in productivity growth in Europe has became one of the key reasons behind a widening per capita income gap with the United States, according to the IMF's latest productivity report.

Economy

Sweden cuts key interest rate to boost staggering economy

Sweden cuts its key rate by 0.5 percentage points to 2.75%, the largest reduction in over a decade.

Europe in Motion

These EU countries have the highest tax-to-GDP ratio

Tax-to-GDP ratio has seen a slight decline across the EU in 2023. However, trends varied significantly amongst different countries.

Economy

Why is Spain's economy growing faster than its eurozone peers?

The Spanish economy has shown robust growth in recent years, although experts question how long it will last.

Economy

Hungary unexpectedly dips into recession for second time in two years

Hungarian gross domestic product (GDP) turned negative for the second quarter in a row.

Economy

China: World's second-largest economy sees growth slowing

The economy has remained sluggish despite the lifting of Covid restrictions at the end of 2022. Consumer confidence is low and the property market remains a drag on the economy.

The Big Question

WMHD: What is the cost of poor mental health?

Two thirds of people around the world struggle to access mental health support but can we afford to continue down this path?

Economy

OECD: Belgium needs to cut public spending to reduce debt and deficit

The debt keeps swelling and if no action is taken, the OECD warns, it could reach 200% of the GDP by 2050.

Economy

Bank of France deputy governor on the challenges central banks face

Banque de France (Bank of France) deputy governor, Agnès Bénassy-Quéré, spoke to Euronews' Angela Barnes about the challenges ahead for central banks as the latest ECB rate decision hangs in the balance.

The Big Question

The Big Question: What is the economic impact of the Olympic Games?

France spent €2bn on the Olympics - has the country benefited economically? Banque de France deputy governor, Agnès Bénassy-Quéré considers France’s current economic outlook.

Economy

ECB rate cut looking more likely as eurozone growth downwardly revised

Eurozone growth for the second quarter was revised down to 0.2%, marking a slowdown compared to the first quarter. Germany contracted, while Spain saw strong growth. The ECB is expected to cut rates by 25bps next week.

Economy

German economy shrinks as consumers shy away from spending

Germany contracted by 0.1% in the second quarter of the year, raising recession fears. Consumer confidence plummeted, investments weakened, and the economy sharply underperformed compared to other major nations.