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Economy

Germany’s GDP contraction worse than expected after tariff boost

The economy had seen a slight uptick at the start of this year as businesses sought to get ahead of tariffs, but the country has now slipped back into contraction territory.

Focus

UN summit in Turkmenistan sets 10-year plan for landlocked nations

In partnership with LLDC3 - Awaza, Turkmenistan

In Awaza, Turkmenistan, the United Nations set a 10-year roadmap to tackle the economic, trade and infrastructure challenges facing 32 landlocked developing countries across four continents.

Europe in Motion

European brews: Alcohol-free sector grows 11%

The alcohol-free beer sector grew by 11% in 2024. While Germany leads in production, the Netherlands is the EU's biggest exporter.

Economy

Japan's economy holds steady at half-year mark despite Trump tariffs

The country's GDP grew in the second quarter thanks to a rush of pre-tariff exports and a glut of international tourists.

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Economy

The UK economy grows despite tariff pressures, outpacing G7 peers

While not comparable to the growth at the beginning of the year, July's numbers are bigger than predicted and signal a greater resilience than other top G7 economies.

Economy

Ibex-35 hits 15,000 points and reaches the highest level since 2007

The Spanish stock market index had not reached highs like this since 2007, just before the global market crash.

Economy

The new 'Tiger economy': Vietnam's 2045 get rich quick plan

Vietnam wants to follow in the footsteps of Taiwan and South Korea, but focusing on one single industry is no longer viable to build a strong and resilient economy.

Tech News

Tech expert: AI is key to bridging productivity gap between EU and US

Worker productivity in Europe is lower than in the US, and the gap continues to widen. Embracing AI could help reverse that.

Business

Rental demand eases in Portugal, but house prices continue to grow

In the second quarter of 2025, each house available for rent received an average of 17 enquiries, a 43% drop from the same period in 2024. Portalegre is the city with the highest demand for rental properties.

Business

Tariffs: 'Economic blow' for Switzerland coming if no new deal with US

The tariffs, which come into effect on Thursday, are estimated to affect around 60% of Swiss exports to the United States, its largest market for its exports of pharmaceuticals, watches, machinery and chocolate.

World News

Trump announces 90-day negotiating period on trade with Mexico

Nations are scrambling to finalise the outlines of a trade framework with Trump in order to avoid him imposing higher tariff rates that could upend economies and governments.

Business

Over 100,000 Ukrainian companies founded in Poland since 2022

Since the outbreak of Russia's full-scale invasion of Ukraine in February 2022, Ukrainians residing in Poland have established more than 13,000 companies and around 90,000 sole proprietorships, according to data from the Polish Economic Institute and Gremi Personal.

Europe News

German politicians furious at von der Leyen over new EU-US trade deal

German businesses and politicians are shocked by the customs deal that EU executive chief Ursula von der Leyen negotiated with the US president, seen as potentially damaging to Germany's economy.

Business

Student rentals exceed €400 for the first time in Portugal

Lisbon is Portugal's most expensive city for student rentals. For the first time ever, the average room price in Portugal has exceeded €400 per month.

Focus

Kazakhstan is drawing foreign direct investment, even as global FDI flows slow. Here’s how:

In partnership with MDQ

FDI in Kazakhstan is slowing, but multibillion-euro deals are still landing. Officials call the shift cyclical, not a sign of waning investor confidence.

Economy

ECB hits pause button: Here’s why Lagarde isn’t rushing things

The European Central Bank kept rates unchanged as inflation hit its 2% target. Lagarde urged patience, citing global risks and reaffirming a data-driven approach.

Europe News

Germany's top firms present investment push to revive economy

Around 60 leading German companies pledged a major "Made for Germany" investment initiative on Monday, aiming to boost investor confidence in the country after two years of recession.

EuroVerify

Fact check: Which European country has the most public holidays?

A proposal by France's prime minister to get rid of two public holidays has prompted a discussion as to where in Europe workers get the most additional days off.

The Big Question

Apple, BP and Orsted: Can we trust corporate sustainability pledges?

“If a product or an action damages the environment, it's not high quality,” Chris Hocknell told The Big Question.

Health news

Why some countries’ healthcare spending is more wasteful than others

After a certain level, national health care spending has diminishing returns for people’s wellbeing, a new study says.