http://www.euronews.com en Latest news from Euronews Euronews 2026 Thu, 06 Aug 2026 11:50:05 +0200 Thu, 06 Aug 2026 11:50:05 +0200 30 https://static.euronews.com/website/images/euronews_flatblue.png http://www.euronews.com http://www.euronews.com/business/2026/08/06/trump-administration-refunds-100-billion-in-liberation-day-tariffs http://www.euronews.com/business/2026/08/06/trump-administration-refunds-100-billion-in-liberation-day-tariffs Thu, 06 Aug 2026 11:49:59 +0200 The refunds follow a February US Supreme Court 6-3 ruling stating that Trump had acted beyond the Congress’ tax-setting authority and had no constitutional authority to impose these import taxes. http://www.euronews.com/business/2026/08/05/china-slaps-export-controls-on-us-firms-ahead-of-xis-washington-visit http://www.euronews.com/business/2026/08/05/china-slaps-export-controls-on-us-firms-ahead-of-xis-washington-visit Wed, 05 Aug 2026 15:27:27 +0200 Beijing has announced sweeping trade curbs against the United States, including export controls on drones and a ban on dealings with six American entities, in retaliation for recent US restrictions on Chinese tech. http://www.euronews.com/business/2026/08/04/minimum-wages-in-europe-purchasing-power-versus-pay-in-2026 http://www.euronews.com/business/2026/08/04/minimum-wages-in-europe-purchasing-power-versus-pay-in-2026 Tue, 04 Aug 2026 06:09:27 +0200 The rankings for minimum wages shift significantly when adjusted for purchasing power across several European countries as of July 2026. High inflation hits minimum wage earners hardest where wages are updated only once a year. http://www.euronews.com/business/2026/08/01/ice-cream-economics-how-long-do-you-have-to-work-for-one-scoop http://www.euronews.com/business/2026/08/01/ice-cream-economics-how-long-do-you-have-to-work-for-one-scoop Sat, 01 Aug 2026 07:00:22 +0200 In an indicative comparison of prices in 10 European countries, Euronews found that affording a scoop of ice cream required the most working time in Greece — nearly three times as much as in Germany. http://www.euronews.com/business/2026/07/31/eurozone-inflation-hits-29-which-countries-saw-the-biggest-increases http://www.euronews.com/business/2026/07/31/eurozone-inflation-hits-29-which-countries-saw-the-biggest-increases Fri, 31 Jul 2026 11:41:59 +0200 Eurozone inflation rose to 2.9% in July, but price pressures varied widely across member states. Here's where inflation accelerated, eased and how markets reacted. http://www.euronews.com/business/2026/07/31/retirement-ages-today-vs-the-future-how-long-will-europeans-work http://www.euronews.com/business/2026/07/31/retirement-ages-today-vs-the-future-how-long-will-europeans-work Fri, 31 Jul 2026 08:55:37 +0200 The retirement age in the EU will rise from 64.7 to 66.7 years for men and from 64 to 66.6 years for women by the late 2060s. http://www.euronews.com/business/2026/07/30/bank-of-england-holds-interest-rates-at-375-despite-inflation-risks http://www.euronews.com/business/2026/07/30/bank-of-england-holds-interest-rates-at-375-despite-inflation-risks Thu, 30 Jul 2026 13:36:59 +0200 Although UK inflation fell in June, the Bank of England held interest rates steady as renewed conflict in the Middle East and volatile energy prices clouded the outlook. http://www.euronews.com/business/2026/07/30/europes-fastest-growing-economies-in-q2-2026-who-led-and-who-lagged http://www.euronews.com/business/2026/07/30/europes-fastest-growing-economies-in-q2-2026-who-led-and-who-lagged Thu, 30 Jul 2026 12:08:35 +0200 Eurozone GDP delivered a better-than-expected performance in the second quarter of 2026. But beneath the headline, Europe’s growth story looks increasingly uneven across member states. http://www.euronews.com/business/2026/07/30/spain-inflation-rises-to-35-in-july-on-fuel-and-electricity-prices http://www.euronews.com/business/2026/07/30/spain-inflation-rises-to-35-in-july-on-fuel-and-electricity-prices Thu, 30 Jul 2026 11:04:28 +0200 Rising fuel and electricity prices push inflation up to 3.5% in July, while core inflation also edges up by 0.1 points. http://www.euronews.com/business/2026/07/30/heres-the-salary-you-need-to-afford-a-1-million-home-across-europe http://www.euronews.com/business/2026/07/30/heres-the-salary-you-need-to-afford-a-1-million-home-across-europe Thu, 30 Jul 2026 08:55:17 +0200 A third of the average gross salary is not enough to cover the monthly mortgage of almost €3,600 for a €1 million home anywhere in the EU. Luxembourg comes closest, although buyers still need 1.6 times the average salary. http://www.euronews.com/business/2026/07/29/us-federal-reserve-holds-interest-rates-steady-as-three-policymakers-back-hike http://www.euronews.com/business/2026/07/29/us-federal-reserve-holds-interest-rates-steady-as-three-policymakers-back-hike Wed, 29 Jul 2026 21:49:07 +0200 The Federal Reserve held its key interest rate steady on Wednesday despite persistently high inflation and an Iran war-driven surge in energy prices. http://www.euronews.com/business/2026/07/29/despite-high-inflation-fed-expected-to-hold-rates-steady-for-now http://www.euronews.com/business/2026/07/29/despite-high-inflation-fed-expected-to-hold-rates-steady-for-now Wed, 29 Jul 2026 09:29:09 +0200 The US Federal Reserve is expected to hold rates on Wednesday, although investors were pricing in a 32% chance of an increase on Tuesday night, with analysts describing the decision as the most uncertain in years. http://www.euronews.com/business/2026/07/28/french-wildfires-threaten-defence-sites-and-hit-regional-economy http://www.euronews.com/business/2026/07/28/french-wildfires-threaten-defence-sites-and-hit-regional-economy Tue, 28 Jul 2026 16:27:01 +0200 The fires have forced evacuations and protective measures at strategically important aerospace and defence sites, while preventing thousands of businesses from operating normally. http://www.euronews.com/business/2026/07/27/spains-wildfire-bill-up-to-3275-billion-for-firefighting-alone http://www.euronews.com/business/2026/07/27/spains-wildfire-bill-up-to-3275-billion-for-firefighting-alone Mon, 27 Jul 2026 20:25:31 +0200 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. http://www.euronews.com/business/2026/07/25/wealth-per-adult-rankings-how-does-europe-compare-with-the-worlds-richest-countries http://www.euronews.com/business/2026/07/25/wealth-per-adult-rankings-how-does-europe-compare-with-the-worlds-richest-countries Sat, 25 Jul 2026 07:00:40 +0200 The average wealth per adult in Western Europe is less than half that of the US. European countries perform better in median wealth, while the US drops significantly. http://www.euronews.com/business/2026/07/24/why-are-frances-top-earners-leaving-and-where-are-they-going http://www.euronews.com/business/2026/07/24/why-are-frances-top-earners-leaving-and-where-are-they-going Fri, 24 Jul 2026 07:00:07 +0200 France lost a net total of 800 millionaires in 2025. While this outflow represents a tiny fraction of its total wealthy population, a range of factors are prompting them to leave. http://www.euronews.com/business/2026/07/23/polands-debt-climbs-above-500bn-as-borrowing-reaches-record-pace http://www.euronews.com/business/2026/07/23/polands-debt-climbs-above-500bn-as-borrowing-reaches-record-pace Thu, 23 Jul 2026 19:00:22 +0200 Poland is now among the fastest-indebting countries in the European Union. According to the latest Eurostat data, only Finland and Bulgaria recorded a larger increase in the public debt-to-GDP ratio in the first quarter of 2026. http://www.euronews.com/business/2026/07/23/ecb-hostage-to-oil-prices-lagarde-leaves-door-open-for-a-september-hike http://www.euronews.com/business/2026/07/23/ecb-hostage-to-oil-prices-lagarde-leaves-door-open-for-a-september-hike Thu, 23 Jul 2026 16:23:17 +0200 ECB President Christine Lagarde warned that surging oil prices could shape the September rate decision, leaving the door open to another interest rate hike at the next meeting. http://www.euronews.com/business/2026/07/23/venezuela-earthquake-damages-add-up-to-almost-20-billion-world-bank-says http://www.euronews.com/business/2026/07/23/venezuela-earthquake-damages-add-up-to-almost-20-billion-world-bank-says Thu, 23 Jul 2026 16:03:55 +0200 Almost a month after the devastating earthquakes, Venezuela has a mammoth task ahead in terms of rebuilding, rehabilitating and mitigating the social and economic damage of the biggest natural disaster in decades. http://www.euronews.com/business/2026/07/23/ecb-holds-rates-at-225-as-the-reignited-iran-war-keeps-a-second-hike-in-play http://www.euronews.com/business/2026/07/23/ecb-holds-rates-at-225-as-the-reignited-iran-war-keeps-a-second-hike-in-play Thu, 23 Jul 2026 14:25:00 +0200 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. http://www.euronews.com/business/2026/07/23/gulf-oil-producers-race-to-build-alternative-routes-to-the-strait-of-hormuz http://www.euronews.com/business/2026/07/23/gulf-oil-producers-race-to-build-alternative-routes-to-the-strait-of-hormuz Thu, 23 Jul 2026 11:27:46 +0200 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. http://www.euronews.com/business/2026/07/23/cost-of-pay-gap-in-the-eu-women-earn-3900-less-than-men-a-year http://www.euronews.com/business/2026/07/23/cost-of-pay-gap-in-the-eu-women-earn-3900-less-than-men-a-year Thu, 23 Jul 2026 07:00:41 +0200 Women working in the EU lose €358 billion a year due to the gender pay gap, amounting to almost €3,900 per person, as several European countries missed the bloc's Pay Transparency Directive deadline. http://www.euronews.com/business/2026/07/22/new-uk-pm-touts-cost-of-living-government-with-vat-cut-and-bus-fare-cap http://www.euronews.com/business/2026/07/22/new-uk-pm-touts-cost-of-living-government-with-vat-cut-and-bus-fare-cap Wed, 22 Jul 2026 12:51:51 +0200 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". http://www.euronews.com/business/2026/07/22/energy-and-fertiliser-crisis-due-to-war-will-continue-to-drive-up-food-inflation-un-says http://www.euronews.com/business/2026/07/22/energy-and-fertiliser-crisis-due-to-war-will-continue-to-drive-up-food-inflation-un-says Wed, 22 Jul 2026 10:57:10 +0200 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. http://www.euronews.com/business/2026/07/22/spain-house-prices-resale-homes-up-172-highest-level-in-21-years http://www.euronews.com/business/2026/07/22/spain-house-prices-resale-homes-up-172-highest-level-in-21-years Wed, 22 Jul 2026 07:00:07 +0200 The asking price of resale homes in Spain reached €3,133 per square metre in June, up 4% in the second quarter and 17.2% from June 2025 levels. http://www.euronews.com/business/2026/07/21/spain-backs-hernandez-de-cos-in-first-ever-bid-for-the-ecb-presidency http://www.euronews.com/business/2026/07/21/spain-backs-hernandez-de-cos-in-first-ever-bid-for-the-ecb-presidency Tue, 21 Jul 2026 14:38:14 +0200 The Spanish government has chosen Pablo Hernández de Cos, general manager of the Bank for International Settlements and former Bank of Spain governor, as its candidate to succeed Christine Lagarde at the ECB. http://www.euronews.com/business/2026/07/21/one-in-five-eu-jobs-classed-as-vulnerable-and-spain-tops-the-list-report-says http://www.euronews.com/business/2026/07/21/one-in-five-eu-jobs-classed-as-vulnerable-and-spain-tops-the-list-report-says Tue, 21 Jul 2026 11:49:55 +0200 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. http://www.euronews.com/business/2026/07/21/trump-imposes-50-tariffs-on-canadian-goods-citing-disputes-over-autos http://www.euronews.com/business/2026/07/21/trump-imposes-50-tariffs-on-canadian-goods-citing-disputes-over-autos Tue, 21 Jul 2026 07:18:09 +0200 President Donald Trump on Monday imposed 50% tariffs on most Canadian goods, declaring that Canada has unfairly discriminated against American autos, alcohol and dairy products. http://www.euronews.com/business/2026/07/21/where-are-europes-households-most-indebted-not-where-you-would-think http://www.euronews.com/business/2026/07/21/where-are-europes-households-most-indebted-not-where-you-would-think Tue, 21 Jul 2026 07:03:59 +0200 Europe's household debt map reveals a surprising north-south divide. Discover the latest Eurostat figures and the 10 most indebted countries. http://www.euronews.com/business/2026/07/20/what-is-spains-world-cup-victory-actually-worth-to-the-national-economy http://www.euronews.com/business/2026/07/20/what-is-spains-world-cup-victory-actually-worth-to-the-national-economy Mon, 20 Jul 2026 13:57:00 +0200 Spain's 1-0 victory over Argentina in Sunday's World Cup final brings a record $50 million (€43.7m) cheque from FIFA and, if past champions are any guide, a measurable but fleeting lift for the economy. http://www.euronews.com/business/2026/07/20/eurozone-inflation-confirmed-at-28-will-it-be-enough-for-the-ecb-to-pause http://www.euronews.com/business/2026/07/20/eurozone-inflation-confirmed-at-28-will-it-be-enough-for-the-ecb-to-pause Mon, 20 Jul 2026 07:25:45 +0200 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. http://www.euronews.com/business/2026/07/19/survey-half-of-germanys-top-earners-consider-moving-abroad http://www.euronews.com/business/2026/07/19/survey-half-of-germanys-top-earners-consider-moving-abroad Sun, 19 Jul 2026 14:20:30 +0200 Within a year, more than 288,000 Germans have moved abroad. A recent survey suggests many highly skilled professionals are eyeing a move – and most do not expect to return soon. http://www.euronews.com/business/2026/07/19/home-sales-rose-in-most-european-countries-in-2025-where-did-they-increase-the-most http://www.euronews.com/business/2026/07/19/home-sales-rose-in-most-european-countries-in-2025-where-did-they-increase-the-most Sun, 19 Jul 2026 07:00:51 +0200 Home sales rose in 17 of 20 European countries in 2025 as lower borrowing costs helped revive demand. France recorded more than one million transactions, while Slovenia saw the sharpest percentage increase. http://www.euronews.com/business/2026/07/17/eu-unveils-banking-reform-plan-to-lift-national-barriers-and-unlock-investment http://www.euronews.com/business/2026/07/17/eu-unveils-banking-reform-plan-to-lift-national-barriers-and-unlock-investment Fri, 17 Jul 2026 15:18:49 +0200 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. http://www.euronews.com/business/2026/07/17/real-wages-are-still-below-2021-levels-in-a-third-of-european-countries-analysed http://www.euronews.com/business/2026/07/17/real-wages-are-still-below-2021-levels-in-a-third-of-european-countries-analysed Fri, 17 Jul 2026 06:48:00 +0200 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. http://www.euronews.com/business/2026/07/16/europes-energy-use-for-cooling-doubled-in-six-years-which-countries-use-the-most http://www.euronews.com/business/2026/07/16/europes-energy-use-for-cooling-doubled-in-six-years-which-countries-use-the-most Thu, 16 Jul 2026 08:40:21 +0200 The last three years were the hottest on record globally. Energy consumption for cooling has also been rising, with household consumption in the EU doubling in just six years. http://www.euronews.com/business/2026/07/16/why-this-summers-heatwaves-could-raise-food-prices-next-year http://www.euronews.com/business/2026/07/16/why-this-summers-heatwaves-could-raise-food-prices-next-year Thu, 16 Jul 2026 06:56:58 +0200 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. http://www.euronews.com/business/2026/07/15/spain-inflation-holds-at-32-in-june-despite-higher-electricity-prices http://www.euronews.com/business/2026/07/15/spain-inflation-holds-at-32-in-june-despite-higher-electricity-prices Wed, 15 Jul 2026 14:32:25 +0200 INE confirms June annual inflation at 3.2%. Dearer electricity after the end of reduced VAT offset cheaper fuel, while core inflation fell to 2.9%. http://www.euronews.com/business/2026/07/15/chinas-economic-growth-hits-slowest-pace-in-more-than-three-years http://www.euronews.com/business/2026/07/15/chinas-economic-growth-hits-slowest-pace-in-more-than-three-years Wed, 15 Jul 2026 10:13:25 +0200 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. http://www.euronews.com/business/2026/07/14/ecb-selects-36-payment-providers-for-digital-euro-pilot-as-the-project-moves-ahead http://www.euronews.com/business/2026/07/14/ecb-selects-36-payment-providers-for-digital-euro-pilot-as-the-project-moves-ahead Tue, 14 Jul 2026 15:52:18 +0200 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. http://www.euronews.com/business/2026/07/14/chinas-june-exports-surge-27-from-a-year-earlier-as-ai-boom-drives-strong-demand http://www.euronews.com/business/2026/07/14/chinas-june-exports-surge-27-from-a-year-earlier-as-ai-boom-drives-strong-demand Tue, 14 Jul 2026 07:23:20 +0200 China’s exports accelerated in June, jumping 27% from a year earlier thanks partly to the boom in artificial intelligence, the customs agency said on Tuesday. http://www.euronews.com/business/2026/07/14/where-are-property-taxes-highest-and-lowest-in-europe http://www.euronews.com/business/2026/07/14/where-are-property-taxes-highest-and-lowest-in-europe Tue, 14 Jul 2026 06:08:10 +0200 Buying a home in Europe? Taxes follow you from purchase to sale. Here's where property is taxed most and least. http://www.euronews.com/business/2026/07/13/spains-rental-trap-71-of-citizens-see-a-mortgage-as-more-cost-effective http://www.euronews.com/business/2026/07/13/spains-rental-trap-71-of-citizens-see-a-mortgage-as-more-cost-effective Mon, 13 Jul 2026 14:15:36 +0200 Seven in ten Spaniards now think it’s more worthwhile to pay a mortgage than to rent, as fears of a new housing bubble grow and the Housing Law is judged a failure. http://www.euronews.com/business/2026/07/13/france-shuts-down-nuclear-reactors-as-heatwave-intensifies http://www.euronews.com/business/2026/07/13/france-shuts-down-nuclear-reactors-as-heatwave-intensifies Mon, 13 Jul 2026 13:29:50 +0200 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. http://www.euronews.com/business/2026/07/11/europes-top-holiday-destinations-compared-where-are-food-drinks-and-hotels-cheapest http://www.euronews.com/business/2026/07/11/europes-top-holiday-destinations-compared-where-are-food-drinks-and-hotels-cheapest Sat, 11 Jul 2026 07:00:07 +0200 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. http://www.euronews.com/business/2026/07/10/global-oil-demand-set-for-first-annual-drop-since-the-covid-19-pandemic-iea-says http://www.euronews.com/business/2026/07/10/global-oil-demand-set-for-first-annual-drop-since-the-covid-19-pandemic-iea-says Fri, 10 Jul 2026 13:58:11 +0200 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. http://www.euronews.com/business/2026/07/09/house-prices-and-rents-where-did-they-rise-most-in-early-2026 http://www.euronews.com/business/2026/07/09/house-prices-and-rents-where-did-they-rise-most-in-early-2026 Thu, 09 Jul 2026 07:36:13 +0200 House prices and rents rose in almost all EU countries in early 2026. In some European countries, house price increases outpaced overall inflation by around 10 percentage points. http://www.euronews.com/business/2026/07/09/central-banks-face-new-credibility-test-over-rate-cuts http://www.euronews.com/business/2026/07/09/central-banks-face-new-credibility-test-over-rate-cuts Thu, 09 Jul 2026 06:42:15 +0200 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. http://www.euronews.com/business/2026/07/08/economy-imf-forecasts-modest-growth-for-italy-cuts-estimates-for-france-and-germany http://www.euronews.com/business/2026/07/08/economy-imf-forecasts-modest-growth-for-italy-cuts-estimates-for-france-and-germany Wed, 08 Jul 2026 18:31:53 +0200 The IMF has also lifted its 2026 global inflation forecast to 4.7%, citing rising energy and commodity prices and risks from tensions in the Middle East. http://www.euronews.com/business/2026/07/08/can-trump-cut-trade-with-spain-the-limits-of-his-threat http://www.euronews.com/business/2026/07/08/can-trump-cut-trade-with-spain-the-limits-of-his-threat Wed, 08 Jul 2026 12:56:41 +0200 US President Donald Trump has ordered an immediate halt to trade with Spain. But as trade policy is an exclusive EU competence, could Washington go beyond tariffs to target the country?