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Economy

Eurozone narrowly avoids recession but gloomy outlook remains

France and Germany remain in the doldrums despite Spain and Italy beating economic expectations.

Economy

Irish GDP shrinks as multinational-dominated sectors decline

The latest economic data from Ireland's national statistical office shows the economy is continuing to contract.

Economy

Good news for US as growth shows surprise jump

The world's biggest economy grew significantly faster than expected at the end of 2023, making a recession look increasingly unlikely.

Economy

Beyond GDP: Why economic growth requires more than just numbers

A new report from the WEF claims that a conventional GDP growth picture is incomplete without a deeper understanding of the underlying nature and quality of growth.

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Economy

Most economists fear more global fragmentation likely in 2024

About 56% of global chief economists feel that the world is likely to see increased economic weakness in the coming year, whereas seven out of 10 believe there will be more rifts.

Economy

Davos 2024: What the theme 'rebuilding trust' is all about

As we face an increasingly fractured and polarised world, this year’s World Economic Forum summit will look at ways of rebuilding and strengthening trust amongst global stakeholders.

Economy

French industrial production beats expectations, showing 0.5% rise

French industrial production for November beats expectations while other EU countries fail to perform as strongly

Economy

Global economy heading towards lowest half-decade growth in 30 years

World Bank predicts the global economy will slow for a third consecutive year in 2024.

Business

Chinese and German manufacturing sectors boosted by new orders, UK lag

China and Germany’s manufacturing PMIs came in above expectations, however, UK’s struggled with falling foreign demand

Economy

Why are UK workers losing thousands of pounds?

Average UK households are £8,300 poorer than their counterparts in countries like France, Germany and the Netherlands, according to a new report by the Resolution Foundation and LSE.

Economy

German downturn eases while French economy contracts sharply

Although both are in contraction territory, sentiment in the German economy is more optimistic.

Europe News

Brussels cuts EU growth forecast again to just 0.6% this year

Europe's economy will grow less than originally predicted, according to the European Commission's latest forecast.

Economy

US government estimates economy grew last quarter at a 2.1% rate

US GDP grew at a 2.1% rate between April and June, the US governement said on Thursday.

Climate

Climate crisis: Are the sustainable development goals fit for purpose?

Is sustainable development an oxymoron? Eight years on from the launch of the SDGs, little progress has been made.

Economy

Eurozone GDP grows by 0.3% in second quarter of the year

The 20 countries that use the euro currency and their 346 million people saw modest economic growth of 0.3% growth in the second quarter of the year but the outlook remains relatively weak.

Business

Inflation slows down in France, UK economy grows by 0.2%

France's inflation dropped to 4.3% in July, the lowest level since February last year, while the UK economy has avoided stagnation, growing 0.2% between April and June.

United Kingdom

Stagnant UK economy lagging behind EU, new figures show

Britain has seen no economic growth in three months, the country's statistic agency said on Thursday. Other European states are faring better, meanwhile.

Economy

Is it possible to move on from growth as our key economic indicator?

For more than a hundred years, economic growth has been a key benchmark for successful societies. But is it the right one? Euronews' final debate on the subject at the Beyond Growth 2023 conference takes a deeper look.

Uzbekistan

Euroviews. Uzbekistan needs a new economic approach that includes LGBTQ+ people

Countries that have decriminalised homosexuality have 4.5 times higher rates of foreign direct investment (FDI) than countries that criminalise consensual same-sex relationships, M V Lee Badgett writes.

Europe News

Falling energy prices boost EU's growth outlook, Commission says

GDP in the EU is now forecast to reach 1.0% in 2023 and 1.7% in 2024, up from a previous forecast of 0.8% and 1.6%.