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Economy
Germany halves GDP forecast from 1% to 0.5% due to Iran war fallout
The German government has officially halved its economic growth forecast for 2026, citing the severe impact of energy shocks stemming from the Iran war. This revision reflects a significant cooling for Europe's largest economy.
Europe Today
'I told Orbán his LGBT law was homophobic,' says Luxembourg's Bettel
In an interview with Euronews' Europe Today show, Xavier Bettel said he once confronted outgoing Hungarian Prime Minister Viktor Orbán about the law he had passed targeting LGBT people. Bettel said he told Orbán: "Being gay is not a choice, but being homophobic is a choice."
Europe News
Euroviews. Opinion: Europe is subsidising its way into a deeper energy crisis
Energy crisis: Governments should replace blanket tax cuts and price caps with direct income transfers for vulnerable households, liquidity support and non-earmarked tax credits for exposed sectors, writes Judith Arnal, State Economist in Spain, in an opinion piece for Euronews.
Economy
UK inflation hits 3.3% as Iran war drives energy costs higher
British consumer prices rose at a faster pace in March, reaching 3.3% as the ongoing Iran war sent fuel prices soaring. The data has forced markets to reassess expectations for the Bank of England, with a previously anticipated interest rate cut next week now looking very unlikely.
Europe News
How Portugal shaped Canada's new submarines and fine-tuned Arctic defence
Portugal is the first country in recent history to operate a conventional submarine under the Arctic ice. The Navy's adaptations for this mission are being studied by Canada, which will incorporate them into its new fleet. Arpão has expanded "tactical options" for underwater combat in the far north.