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Economy

Ireland's economic growth set to cool, warns bosses' lobby group

The predicted cooling is unsurprising given international trade turbulence and the boom seen in recent years, said the Irish Business and Employers Confederation (IBEC).

Economy

Developing economies have greater challenges ahead, warns World Bank

Weak investment and climate change threaten growth in developing economies after a period of strong expansion.

Economy

German inflation shows continued rise, still ahead of ECB's target

The increase was mainly led by rising services and food prices, leaving the inflation rate to remain above the European Central Bank's target of 2%.

Economy

Spanish inflation rate confirmed at 2.8% as fuel costs surge

Increasing transport prices boosted Spain’s December inflation number, with rising culture and recreation prices also contributing to the figure.

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Economy

UK economy stagnates as concerns of recession increase

Revised figures show that the UK's economy registered zero growth between July and September as both the services and production sectors saw marked declines.

Economy

Spain set for sunny outlook within eurozone economy in 2025

The eurozone economy is set to grow 1.2% next year, up from 0.8% this year, according to S&P Global Ratings, mainly boosted by a good performance from Spain. However, underperformance in Germany is likely to cap gains.

Economy

Central and Eastern European clean tech exports on track to triple

Poland, Bulgaria, Croatia and Romania are on track potentially to rapidly scale up their clean tech exports, which could go a long way in helping the EU meet its net zero 2050 target, as well as increase its global competitiveness.

Economy

French central bank lowers 2025 growth forecast after tumultuous year

France's fraught political landscape and a gridlocked budget continue to spook economists and investors.

Economy

Germany's Bundesbank warns of economic stagnation as trade war looms

The fortune of the eurozone’s largest economy is gloomy, especially with President-elect Donald Trump returning to the White House.

Economy

UK economy unexpectedly shrinks in October for second straight month

The figures come as a setback for the new Labour government and its pro-growth agenda.

Economy

Swiss GDP grows underwhelmingly as manufacturing remains weak

The Swiss economy is expanding slowly, buoyed by trade but hit by weak manufacturing figures.

Economy

Turkey falls into recession as interest rates remain sky-high

Analysts believe rate cuts will begin early next year as high borrowing costs stifle investment and production.

Economy

Eurozone sovereign debt crisis? ECB warns of fiscal and growth risks

The ECB warns of mounting eurozone sovereign debt risks in its latest review, citing high debt levels, fiscal slippage, and weak growth.

Economy

Irish economy likely to lag in 2024 as multinational sector declines

The European Commission expects the Irish economy to decline in 2024. However, growth is expected to pick up pace again in 2025, before stabilising in 2026.

Economy

EU inflation forecast to tumble as Brussels warns of looming trade war

The European Commission has hailed a 'gradual' rebound in economic activity, but warns the EU is 'especially vulnerable' amid rising geopolitical tensions.

Economy

French jobless total on the rise as concerns over growth continue

France has been dealing with increasing economic and political uncertainties, mainly arising from the snap elections back in June, which resulted in a hung parliament.

Economy

Eurozone's economic forecasts slashed following Trump victory

The uncertainty surrounding Trump’s trade policies will hinder growth in the eurozone, according to economists from Goldman Sachs.

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Uzbekistan’s Bold Reforms Spark Global Interest

Partner content presented by the Tourism Committee of the Republic of Uzbekistan

Uzbekistan is stepping up on the world stage as reforms led by President Shavkat Mirziyoyev reshape the nation’s politics, economy and civil society, sparking significant international interest.

Economy

Fed cuts rates as Powell ignores Trump-fuelled inflation risk

The US Federal Reserve has lowered rates by 0.25%, as expected. Markets see potential for a further cut in December, while concerns rise over fiscal impacts and inflation under a Trump presidency.

Economy

Why is Spain's economy growing faster than its eurozone peers?

The Spanish economy has shown robust growth in recent years, although experts question how long it will last.