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Economic growth

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Draghi’s EU competitiveness report gains mixed reception from MEPs

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Eurozone sees drop in building work as demand remains weak

France saw its most dramatic fall in construction activity since January, while German firms continue to struggle.

06/08/2024

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The anti-growth traps: What stops countries from getting ahead?

Middle-income nations are stuck on the road from rags to riches. According to the World Bank, the status quo is partly to blame.

01/08/2024

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More Germans left without jobs this summer as economy contracts

The unemployment rate in Germany is creeping back up to levels seen during the early phase of the pandemic.

31/07/2024

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Hard times for Latvia as eurozone nations share mixed economic updates

Ireland and Belgium's economies continued to grow from April to June - although Latvia's was not so lucky.

29/07/2024

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Corporate distress levels up in Germany but down in UK and France

Some of the most distressed sectors also continued to be retail, healthcare and property, especially burdened by the high cost of borrowing.

17/07/2024

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UK economy receives surprise boost after month of zero growth

May's output was lifted by an uptick in the services sector as sunshine boosted consumer spending.

11/07/2024

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European financial markets 'too fragmented', warns S&P Global

Although growth in the Eurozone is back, geopolitical risks posed by the conflicts in Ukraine and the Middle East remain, along with tighter financial conditions and the reshaping of the political landscape across Europe.

24/06/2024

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EY: The growth at all costs era is over. Sustainability is key

Businesses have never been under so much pressure to deliver on sustainability but balancing it with profitability is becoming increasingly complex in a world of geopolitical unrest and disinformation.

17/06/2024

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UK long-term sickness record rise fuels fears over economic growth

Long-term sickness leads to a growing number of people who are neither working nor looking for a job, known as economically inactive. This poses a significant risk to economic growth.

11/06/2024

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Swiftonomics: How Taylor Swift's tours boost the economy

Taylor Swift's tours usually drive a number of tourists to cities hosting concerts, boosting hotel prices especially.

06/06/2024

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WEF: Economic outlook improves for 2024, but geopolitical woes remain

Although the United States and Asia are expected to see decent growth, European prospects remain bleak.

29/05/2024

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EBRD reveals how sanctions on Russia has impacted its economy

The European Bank for Reconstruction and Development (EBRD) has unveiled surprising growth forecasts for Russia as it examines the impact of sanctions on the country.

15/05/2024

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Is part-time work fuelling Germany’s economic woes?

The minister president of Saxony, Michael Kretschmer, says a return to the 40-hour week is necessary to maintain economic prosperity in Germany.

11/05/2024

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UK shakes off recession with 0.6% GDP growth in first quarter

In a pre-election boost for Prime Minister Rishi Sunak, national output surpasses analysts’ expectations.

10/05/2024

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OECD economic outlook: Steady global growth expected for 2024 and 2025

The OECD has released its latest economic outlook and said it expects steady global growth in 2024 and 2025.

02/05/2024

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The Big Question

Energy, regulation and openness: How to make the EU competitive again

“None of those goals will be achievable if we don't get back into a growth mode in Europe,” says Business Europe President, Fredrik Persson

29/04/2024

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UK economy grows for the second month in a row after mild recession

February's expansion in national output raises hopes that the UK is moving out of a recession.

12/04/2024

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German industrial production picks up at fastest rate seen in a year

Factory output in Germany surpasses predictions for February, although a significant recovery seems far off.

08/04/2024

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How have Europe's economic issues fared on von der Leyen's watch?

Ursula von der Leyen is seeking a second term as head of the European Commission. What has her current five-year stint meant for the economy?

28/03/2024

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Modest growth for UK economy after dip into recession

Strong spending in the services sector has seen the UK return to growth.

13/03/2024