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World News

Euroviews. Moving beyond growth is not only desirable — it is essential

VIEW | The pursuit of growth at all costs has created a global economic system that is fragile and vulnerable to shocks, and this needs to change, a group of European Parliament Members (MEPs) write.

World News

Does measuring GDP help or hinder our economic well-being?

Euronews Correspondent Sasha Vakulina and a panel of top policymakers and experts discuss how financial well-being, rising inequality and the cost-of-living crisis might be better tackled outside of standardised GDP outlooks, ahead of the Beyond Growth 2023 Conference.

Partner content

Cooperation in the green economy: Xinhuanet Europe releases report on Sino-European opportunities

Partner content presented by Xinhuanet

Green development has become a major goal for most world powers, taking an increasingly important spot among the global economy. China and Europe are no exception, with both setting goals of green growth to reach carbon neutrality in the years to come.

France

French economy should stave off recession in 2022, says Bank of France

France's GDP will grow by a slight 0.1% in the last four months of this year, the national bank predicted on Thursday.

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World News

Interest rates and inflation to slow global growth, the OECD predicts

"This is a very, very challenging outlook", said OECD Secretary-General Mathias Cormann.

Economy

'The worst is yet to come': IMF cuts global & euro area growth outlook

Overall, the global economy should grow by 2.7%, down 0.2% compared to the previous forecast.

United Kingdom

How Brexit has harmed Liz Truss' quest for 'growth, growth and growth'

The UK PM hailed Brexit's "huge opportunities" as her party conference speech highlighted the need for economic growth. Yet many studies say one obstacle to that is Brexit itself.

USA

Biden: US economy 'on the right track' despite recession fears

US president Joe Biden has said his country is "on the right track", despite its economy shrinking for the second quarter in a row.

Economy

Annual inflation across the eurozone will peak at 7.6% in 2022

The Ukraine war and the disruption of energy and food markets continue to increase inflationary pressures.

Economy

Eurozone finance ministers discuss soaring inflation and energy prices

Skyrocketing inflation is "a fact of life" exacerbated by the war in Ukraine, said Sigrid Kaag, the Netherlands' finance minister.

Real Economy

How the war in Ukraine is hitting Europe's economy

In partnership with The European Commission

As food and energy prices soar, what next for Europe’s economy? Real Economy speaks to a leading economist about the economic fallout caused by Russia's war with Ukraine and heads to Germany to visit an aerospace firm attempting to cope with supply chain disruption.

Economy

Mixed fortunes as three European economies reveal post-Ukraine invasion GDP

It's good news for some and bad for others as France, Italy and Switzerland published GDP growth figures today.

Europe News

Huge growth cuts and soaring inflation: EU makes economic forecast

Brussels has been giving its economic forecast today.

Economy

Eurozone growth slows down hit by impact of Ukraine war and pandemic

Spain and Germany saw their economies grow by 0.3% and 0.2% respectively in the first three months of the year, quarter-on-quarter -- far smaller than previously projected. France stagnated (0%) and Italy fell (-0.2%).

France

France's economy unexpectedly grinds to a halt in first quarter

The latest growth and inflation figures put the economy firmly at the heart of the next government's priorities following President Macron's re-election.

China

China's birth rate drops to a record low

Changes to the strict "one-child policy" since 2016 have failed to result in a hoped-for baby boom

Economy

IMF issues austerity warning to Europe

International Monetary Fund managing director Kristalina Georgieva praises EU's recovery efforts and warns against "the suffocating force of austerity".

Money

Why is Turkey's currency crashing and what impact is it having?

Turkey's currency is at an all-time low, as citizens rush to convert their savings. The fall-out of all this could make things difficult for President Erdogan.

Economy

European economic recovery: IMF outlook shows gradual growth

With an increase in vaccination rates, more mobility, and support schemes, Europe's economic recovery is growing stronger despite uncertainty, according to the International Monetary Fund (IMF).

Culture news

Wine leads the way out of tourism slump for Portugal, Greece and Italy

The United Nations World Tourism Organization (UNWTO) held the fifth global wine tourism conference in Portugal. Food and wine may be the solution to increased numbers of visitors, even in a pandemic year.