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Markets

European stocks, single currency rally as US inflation cools

European assets surged on Wednesday following a lower-than-expected inflation report in the United States, brightening the outlook for potential Federal Reserve interest rate cuts this year.

Travel News

These European countries spent the most on tourism in 2023

The UN World Tourism Organization has tracked which countries spend the most on tourism, earn the most and the most visited destinations last year.

Europe News

Economy preys on Spanish voters' minds – but vanishes from campaign

Despite a relatively strong employment rate, rising inflation and a high cost of living mean Spaniards are still voting with their wallets.

Destinations

Drought leaves major questions about Barcelona's future in tourism

As Barcelona exits its almost four-year-long drought, the aftermath has left many tough questions about the realities of water management and mass tourism.

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World News

EU elections: What do voters want and candidates promise?

Watch episode 17 of Euronews' guide on the European elections, taking place from June 6 to 9.

Travel News

Which European cities are regulating cruise ships?

Destinations struggling with overtourism are putting a stop to ships that bring toxic emissions and millions of passengers.

Economy

Euroviews. Banking on fossil fuels: A one-way ticket to global economic meltdown

With the future of our planet at stake, banks need to be ambitious and move beyond policies that only offer mere lip service instead of solutions that meet the sheer scale of the challenge. Failure to do so would be unconscionable, Zahra Hdidou writes.

Markets

Weekly markets round-up: Optimism high on interest rate cut hopes

Major European indices have notched up all-time highs, with the FTSE 100 reaching a fresh record following signals from the Bank of England (BoE) indicating an impending rate cut.

Business

Eurozone retail sales see biggest surge since September 2022

Eurozone retail sales in March surged, marking the highest increase since September 2022. European stocks reacted positively, buoyed by better-than-expected corporate earnings and hopes of an ECB interest rate cut.

Business

How the rug got pulled from under Iran's traditional carpet weavers

The export of traditional Persian rugs from Iran, a market which once exceeded $2 billion, has plummeted to less than $50 million in the last year.

Economy

Can the US manage escalating debt without triggering a fiscal crisis?

The US is grappling with record $34.5 trillion debt, triple the eurozone's, and set to hit 134% of GDP by 2029. Elevated deficits and skyrocketing interest payments may evoke fears of imminent fiscal crisis if countermeasures are not adopted.

Portugal

50 years since the revolution, where is Portugal today?

Portugal is better off today than it was at the end of its military dictatorship. But where does it stand compared to other European countries?

Markets

Markets round-up: Escalating Middle East tensions deepen weekly slump

Global markets are poised for a third consecutive weekly decline as tensions rise in the Middle East. Investors are flocking to safe-haven assets, especially gold and silver, amplifying their surge as a safety destination.

Europe News

Faced with US and China, EU leaders call for competitiveness deal

The 27 leaders of the European Union have called for a "new competitiveness deal" to close the economic gap with its global rivals and reverse a worrying trend of industrial decline.

China

Germany's Scholz rules out decoupling from China

The three-day visit of Germany's leader to China comes after Beijing slammed the EU as “reckless” following investigations into whether state subsidies are giving Chinese companies an unfair advantage.

Economy

Markets round-up: Economic updates investors are watching this week

The week ahead spotlights crucial economic indicators on both sides of the Atlantic. In the EU, attention will be on inflation data, while, in the US, the focus shifts to job figures. These key metrics will provide insights into economic health, shaping market sentiment.

Economy

What's keeping egg prices high for Easter? It's not just inflation

In Europe, egg prices are 10% to 15% lower than last year but still about double what they were in 2021

Economy

Why is inflation lower in Italy than the rest of Europe?

Italy's inflation rate rose to 1.3% in March compared to a year ago, albeit at a slower pace than anticipated.

Economy

Poland's annual inflation slows to lowest rate in five years

Lower prices for electricity, gas and other fuels helped Poland to slam the breaks on inflation.

Economy

Belgium pushes minimum wage over €2,000 with bid in for more

A hike in the minimum wage puts the country among the few in Europe where the minimum wage surpasses €2,000, as high taxes bite.