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Economy

Europe's economy bounces back from a double-dip recession

EU countries emerged from a double-dip recession in the second quarter with a growth of 1.9% more than the quarter before, according to figures released by Eurostat

Europe News

Ex-owners of Italian steelworks jailed over deadly factory pollution

The former owners of Ilva steelworks, Fabio and Nicola Riva, were handed 22 and 20 years in jail respectively for allowing their Taranto-based factory to emit deadly pollution.

Economy

Economists revise eurozone growth downwards amid second COVID wave

Lockdowns and pandemic-related restrictions were likely to slow down Europe's economic recovery as the ECB cut its predicts for 2021 and beyond.

Green News

Tackling air pollution could boost the UK economy by €1.78bn a year

Research from the Clean Air Fund and CBI says cleaner air would leave Brits healthier and wealthier.

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Germany

Coronavirus causes record plunge in Germany's GDP

This is the largest fall since the beginning of quarterly GDP calculations by the country in 1970

World News

Coronavirus: China becomes first economy to grow since pandemic began

China becomes first economy to grow since virus pandemic after its worst period of economic decline since the 1960s.

Business

COVID-19 spread prompts Federal Reserve to slash rates

The Federal Reserve cut its benchmark interest rate by a half-percentage point in an effort to boost the economy in the face of the spreading coronavirus.

Economy

German economy stagnates as eurozone growth reaches 7-year low

Germany, Europe’s largest economy, has recorded a zero growth between October and December, as manufacturing remained in a slump and exports fell.

World News

ECB's Lagarde warns coronavirus is fueling economic uncertainty

ECB's Chief Christine Lagarde says the coronavirus "adds a new layer of uncertainty" in an already fragile global economy

Real Economy

Eurozone economy slows amid trade tensions and uncertainty

In partnership with The European Commission

A new series of 'Real Economy' looks at some of the reasons why the forecast is gloomy and how opportunities can turn the tide.

Partner content

Business opportunities expanding for Dubai in Africa

Partner content presented by Department of Tourism and Commerce Marketing Dubai

In this month's Business Line programme, we look at the Global Business Forum on Africa. In its fifth edition, the two-day event explores the challenges and opportunities associated with doing business in Africa with many companies looking to the continent as the next big investment frontier.

World

Climate crisis requires wartime-style mobilisation, says Nobel-winning economist Joseph Stiglitz

In his new book “A Bit of Everything: Power, People, Profits and Progressive Capitalism for an Age of Discontent”, Professor Stiglitz argues that capitalism needs to be transformed if it is to meet the challenge of creating a more equal society.

Business

EU release growth forecast - and it's a mixed bag

On the one hand the European economy is in its seventh consecutive year of growth and every EU country is set to grow. But on the other hand in some cases, like in Italy, this growth is 0.1%.

Focus

African entrepreneurs encouraged to unlock their continent’s potential

In partnership with The Tony Elumelu Foundation

The recent Tony Elumelu Entrepreneurship Forum in Abuja, Nigeria brought together thousands of would-be entrepreneurs and potential investors.

Business

Europe’s economy is slowing down

According to the preliminary Eurostat data Eurozone GDP grew 0.2% quarter-on-quarter in the April-June period, down from 0.4% in the previous three months.

United Kingdom

Johnson's Scotland visit exposes divisions over Brexit, independence

Despite a cash pledge to boost growth, the new prime minister's readiness for a no-deal Brexit is under fire in the pro-EU nation.

Poland

Euroviews. How Poland’s 'golden age' of economic growth is going unreported ǀ View

Becoming the seventh largest economy in Europe after over 20 years of solid growth, Poland’s remarkable growth engine is not receiving the attention it deserves.

Europe News

Brussels Economic Forum 2019 looks at EU's global role

Brussels Economic Forum 2019 looked at making the EU a global power, and Arancha González shared her thoughts with Euronews on how that could happen.

World News

Is it unfair for the ECB to use interest rates to compete with the US?

A war of words has erupted between Donald Trump and Mario Draghi over Europe's efforts to boost its economy. Who's right?

Real Economy

Uncertainty and trade tensions slow down the global economy

In partnership with The European Commission

Whilst domestic factors are set to support the European economy, global uncertainties are weighing it down.