Now playing Next Economy Hungary blocks €18 billion in aid for Ukraine and deepens rift with EU The approval of the €18 billion in financial aid for Ukraine requires unanimity among the 27 member states. 06/12/2022
Now playing Next Economy Von der Leyen: EU must react to 'distortions' of competition from US The multi-billion US programme to promote climate-friendly technologies in America is prompting the EU to find similar incentives 04/12/2022
Now playing Next target SME Assembly in Prague: How can firms weather Europe's economic storm? Policymakers hope Europe's current energy concerns can be turned into an opportunity and help hasten the green transition. 02/12/2022
Now playing Next Economy What is a recession? Is Europe already in one? It's not easy to tell Russia's war in Ukraine and the global energy crisis have drastically worsened Europe's economic outlook. 28/11/2022
Now playing Next Economy If Ukraine war doesn't end, next winter will be even worse — Gentiloni In an interview with Euronews, EU Commissioner Paolo Gentiloni discussed the worrying state of the European economy and the looming threat of recession. 22/11/2022
Now playing Next Economy Brussels unveils first-ever EU cap on gas prices but as 'last resort' After months of political pressure, the European Commission has presented a formal proposal to prevent high gas prices. 22/11/2022
Now playing Next Food and Drink British cheesemaker sells company to overcome Brexit barriers British cheesemaker Simon Spurrell had to sell his business to a larger company in order to regain access to EU customers after Brexit left him with an estimated £600,000 black hole in lost EU sales. 17/11/2022
Now playing Next Economy Bakers go bust while EU ministers mull gas-price cap European energy ministers are debating an EU gas-price cap to help consumers. But for some businesses, such as bakeries, the action on bills is too little too late. 17/11/2022
Now playing Next Economy Economic growth in the EU falls Europe's economy has continued to cool with GDP in both the eurozone and the wider EU expanding only marginally in the third quarter. 15/11/2022
Now playing Next Economy Brussels proposes new EU fiscal rules to turn the page on austerity The new rules will give EU countries greater flexibility to design their own fiscal plans, which will need to ensure a gradual decline of public debt. 09/11/2022
Now playing Next Economy Inflation is raging in Estonia. So what's it like going food shopping? You paid how much for that? Estonians have seen some of the biggest rises in Europe for food and fuel. 03/11/2022
Now playing Next Economy Greece: Shoppers not convinced over government scheme to cut prices "I do not believe this measure will be any help. It is just a trick to fool the consumers”, said one customer. 02/11/2022
Now playing Next Economy Half of eurozone countries heading for recession, IMF chief predicts "The loss to the European people is quite, quite dramatic," Kristalina Georgieva told Euronews. 27/10/2022
Now playing Next Economy European Central Bank announces new super hike of interest rates The eurozone's central bank intends to make spending more expensive in order to bring down prices. 27/10/2022
Now playing Next Economy 'The worst is yet to come': IMF cuts global & euro area growth outlook Overall, the global economy should grow by 2.7%, down 0.2% compared to the previous forecast. 11/10/2022
Now playing Next Economy Cap energy prices to avoid recession says Dombrovskis Vice President of the European Commission and EU Trade Commissioner Valdis Dombrovskis is Shona Murray's guest on the Global Conversation. 06/10/2022
Now playing Next Food and Drink Spain: Restaurants forced to bump up price of popular set menu The restaurant industry has been badly hit by soaring energy costs, at a time when many businesses are still recovering from the COVID-19 crisis. 06/10/2022
Now playing Next Economy Eurozone inflation reaches new record high of 10% in September Eurozone inflation reaches new record high of 10% in September. 30/09/2022
Now playing Next Economy Market turmoil over Truss tax cut plan 'could hit Europe's economy' The UK pound tumbled on Monday while the cost of borrowing soared to a higher level than that in Greece or Italy, the eurozone's most indebted members. 26/09/2022
Now playing Next Tech News French start-ups are optimistic despite the economic gloom. Here’s why Almost 40 per cent of French start-up CEOs believe their revenue will at least double this year, according to an EY and France Digitale survey. 20/09/2022