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Where in the EU sees the most long-term unemployment?

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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

Italy’s business elite urge Meloni to act faster on economic reforms

As growth stagnates and reforms stall, investors are watching whether Giorgia Meloni can turn her political staying power into a new story of competitiveness and economic confidence.

Business Series

KOBIA helps Azerbaijan’s SMEs grow locally and compete globally

In partnership with Azpromo

KOBIA is accelerating the growth of Azerbaijan’s SMEs fostering innovation and global connections that strengthen competitiveness and power the country’s long-term economic diversification.

Economy

Germany projects a sliver of growth, betting on Merz’s €500bn overhaul

Despite a slightly improved growth projection, Merz’s coalition is banking on infrastructure spending and quicker investment approvals to revive momentum.

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Focus

Azerbaijan Investment Forum showcases new business opportunities

In partnership with Azpromo

Azerbaijan’s first International Investment Forum attracted global investors, emphasising opportunities across energy, tourism, infrastructure, and digital growth.

Economy

Eurozone inflation comes in softer than expected in August, at 2%

Inflation is now in line with the target set by the European Central Bank. As economic growth remains robust, more rate cuts from the ECB aren't likely to come soon.

Economy

UK inflation remains nearly double the target before BOE rate decision

Stubbornly high inflation has been one of the reasons why the Labour government's poll ratings have fallen sharply since it came to power in July 2024.

Economy

Lisa Cook can remain at Fed while fighting Trump dismissal, says judge

A federal judge has temporarily blocked US President Trump from firing Federal Reserve Governor Cook over allegations of mortgage fraud.

Economy

Germany’s GDP contraction worse than expected after tariff boost

The economy had seen a slight uptick at the start of this year as businesses sought to get ahead of tariffs, but the country has now slipped back into contraction territory.

Economy

Japan's economy holds steady at half-year mark despite Trump tariffs

The country's GDP grew in the second quarter thanks to a rush of pre-tariff exports and a glut of international tourists.

Economy

Growth fades in Europe: Is the recovery already running out of steam?

The eurozone economy barely grew in the second quarter. Germany and Italy contracted, while Spain continued to shine.

Economy

UK Treasury chief will slash financial red tape to boost investment

Reeves set out the changes in her annual Mansion House speech to finance bigwigs in London, saying she was “rolling back regulation that has gone too far in seeking to eliminate risk”.

Economy

Chinese economy grows at a 5.2% annual pace despite trade war

China achieved GDP growth for the last quarter above the official 5% target, although strong exports to markets aside from the US masked weak domestic consumption.

Economy

UK economy contracts again in May despite government growth push

A modest 0.1% expansion was expected, although tariffs and tax increases continue to hamper growth.

Economy

German business sentiment rises: Ifo sees sixth consecutive lift

Firms in Germany are more confident about the business environment, partly thanks to the state's promised spending boost.

Economy

IMF chief: European lifestyle is at risk if productivity isn’t boosted

Progress on the single market needs to be a priority for the European Union, Kristalina Georgieva told Euronews.

Economy

World Bank: Economy set for worst run since 2008 outside of recessions

The group has cut its growth forecasts in nearly 70% of all economies — across all regions and income groups.

Economy

ECB lowers rates for the eighth time as trade tensions threaten growth

The central bank lowered its benchmark interest rate by a quarter point, in line with analyst estimates.

Economy

US economy falls 0.2% in the first quarter, hit by Trump's trade war

First-quarter growth was brought down by a surge in imports as companies in the United States hurried to bring in foreign goods before the president imposed massive import taxes.

Economy

Climate crisis must be tackled without resorting to degrowth, says MEP

Growth is essential to retaining the European way of life, said the EPP’s Lídia Pereira, responding to claims that the EU must shift its thinking on sustainability.