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Economy

Denmark's GDP soars thanks to growing pharma sector

Denmark's gross domestic product (GDP) grew 2% in the fourth quarter of 2023, largely bolstered by the country's expanding pharmaceutical sector.

Economy

Israel-Hamas war takes its toll on Israel's economy

Israel's economic output plummeted in the final three months of 2023, mainly driven by a large drop in private consumption.

Economy

Why is France dropping its 2024 economic growth outlook to 1%?

The country's finance minister said in a TV interview that spending cuts will be made across every government ministry with immediate effect.

Economy

Euro area to struggle with 'subdued' activity in short term: Lagarde

The head of the European Central Bank noted that, while economic activity will still be sluggish in the near future, data suggests things will pick up later on in 2024.

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Economy

EU growth prospects dim with inflation expected to further retreat

The EU's economy entered 2024 with subdued momentum. The European Commission downgraded its growth forecast to 0.9% for the EU and 0.8% for the euro area. Yet while inflation rates are expected to decline more than previously predicted, challenges remain.

Economy

UK inflation remains unchanged at 4%, beating expectations

Economists had predicted that rising prices would accelerate slightly.

Economy

Paris 2024: Does hosting the Olympics boost the economy?

As we approach the Paris 2024 Olympic and Paralympic Games, we’re looking into whether major sporting events really do bring an economic boost to host cities and countries, or whether the costs outweigh the benefits.

Tech News

What’s behind the latest wave of tech worker layoffs?

Multiple tech companies have announced layoffs this month, prompting worker outrage and frustration, but should tech expect the same number of cuts as last year?

Economy

European industry activity slows ahead of ECB decision

Several European countries reported upbeat services and manufacturing data, the last indicators ahead of the ECB's monetary policy meeting on Thursday.

World

Is Europe's eastern expansion good for business?

Euronews Correspondent Sasha Vakulina sits down with four European officials at the World Economic Forum in Davos to discuss EU expansion at a time when voters are concerned with economic decline across the bloc.

Economy

UK shoppers tightened their purse strings over Christmas

The gloomy picture is fuelling fears of a recession, with the December fall being the biggest one recorded since January 2021, a period that was heavily affected by pandemic-related restrictions.

Economy

Macron at Davos: An economic blueprint for France and Europe

"Our continent has a lot of savings, but these savings are not circulating towards the right places, towards the right sectors. We can move forward, all 27 of us," Macron said in a speech at the WEF in Davos.

The Exchange

Pet Industry soars in growth

In partnership with Media City

The Global Pet industry is shifting toward being a hugely competitive market. Pet ownership from 2020 has increased by over 50% in European countries such as the United Kingdom, Germany and France.

Europe News

Red Sea crisis a risk for EU economy, trade chief warns

Trade disruptions caused by instability in the Red Sea pose a risk for the EU’s economic outlook as well as the supply and price of energy, the bloc’s trade commissioner Valdis Dombrovskis warned on Tuesday.

Switzerland

Conflict, climate change and AI get top billing at Davos

This year's motto for the week-long annual summit is 'rebuilding trust'.

Economy

What are the biggest challenges facing the German economy in 2024?

As we enter 2024, Europe's largest economy is expected to continue to deal with the fallout of its recent economic crisis. Euronews Business highlights five key challenges for the German economy in 2024.

Economy

Time to buy a house? It might cost double the price

House prices and rents in the EU show significant trends that vary across the country, according to new official data.

Europe News

Euroviews. The proposed EU fiscal rules fall short of the changes we need

The extraordinary nature of the pandemic led to unprecedented acts; today, similarly, the impending threat of the climate crisis on our planet, and its consequences on the very foundations of our society, require responses that rise to the occasion, Eleonora Volpe writes.

Israel

Euroviews. These are the paradigm shifts Israel urgently needs

Victory for Israel is not just on the battlefield — it is also through regional reconsideration and a shared desire for life, prosperity, creative development, and a better future, Erel Margalit writes.

Business

Inflation, AI and Elon Musk: Five business stories that dominated 2023

Euronews Business looks back at five business stories that dominated the global landscape this year.