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Economy

European Central Bank hikes rates again to 3.5% to battle inflation

The European Central Bank has pressed ahead with another interest rate hike, aiming to crush inflation that is driving up the cost of groceries, utility bills and summer vacations.

Economy

Europe's economy enters technical recession as households struggle

Europe's economy entered a technical recession after the eurozone endured two consecutive quarters of decline.

Turkey

Turkey's President Recep Tayyip Erdogan names his new cabinet

Turkey's President Recep Tayyip Erdogan names his new cabinet after being sworn in for an historic third term in office.

World News

Drought: Agriculture must 'adapt to climate change'

The lack of regular rainfall and a temperature rise of 2 degrees Celsius would cause Spain to lose 7% of its GDP, according to the Spanish Committee of Farmers' and Stockbreeders' Organisations.

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Earth News

Tax the rich: Will France force the wealthy to fund its climate plan?

Suggestions on how to fund the climate transition from a recent report have been criticised by the French government.

My Europe Series

State of the Union: Kyiv wants fighter jets, EU economy gets stronger

In a whirlwind tour of major European capitals, President Zelenskyy was trying to forge a “coalition of fighter jets” - something the West was so far unwilling to consider. Until now. This comes on the heels of Germany pledging an additional €2.7 billion of military aid.

Europe News

Greek elections: For Brussels, rule of law woes ousted economic ones

While Athens has regained the EU's confidence in terms of the economy, this is not the case with the quality of the rule of law.

Earth News

EU emissions fell by 4% at end of 2022 despite energy crisis

Emissions fell in 23 of the 27 EU member states in the last three months of 2022.

World News

Euroviews. EU lawmakers are playing favourites with financial institutions

MEPs are set to decide how to include the financial sector in the corporate due diligence directive on 1 June. Their decision could either strengthen or distort the European financial market and enable corporate abuses of people and the planet, Uku Lilleväli writes.

Work

These new jobs will be in high demand in the next 5 years thanks to AI

AI leads the race in the fastest-growing jobs over the next five years, according to World Economic Forum research. Here are some careers to consider.

Business Planet

Boosting Europe’s workforce to keep pace with net zero energy goals

In partnership with The European Commission

In this latest episode of Business Planet, we speak to those on Europe's green skills front line to find out how the EU, companies and students are trying to close the gap between the bloc's ambitious green energy projects and the lack of trained people to get the jobs done.

Ukraine

International Community called to rebuild Ukraine

With each passing day, the bill for Russia's invasion of Ukraine rises. The estimated value has already exceeded the €400 billion mark – and it will not stop there.

Economy

Brussels makes overture to Berlin with new rules to cut down deficit

The European Commission unveiled on Wednesday a series of legislative proposals to reform the EU's fiscal rules.

Climate

Senegal: Locals turn to prostitution as gas project kills fishing jobs

A gas rig in the town of Saint-Louis has brought only a wave of problems, unemployment and more poverty.

Economy

IMF lowers 2023 global growth forecast to 2.8%, down from 2.9%

IMF lowers 2023 global growth forecast to 2.8%, down from 2.9%

World News

Euroviews. Is it time to embrace the labour market shortage as a good thing?

This is a singular opportunity to pivot from growth at any cost towards the goals of individual well-being and environmental health, John Erik Meyer writes.

World News

Euroviews. Southeast Asia is turning into an economic racehorse

The ASEAN union has a growth engine and supply chain for the 21st-century global economy here in our backyard, Arsjad Rasjid writes.

Real Economy

How are EU funds helping Portugal’s post-pandemic recovery?

In partnership with The European Commission

In this latest episode of Real Economy, Euronews finds out how the EU's Recovery and Resilience Facility is helping Portugal get back on its feet after the COVID-19 pandemic.

Economy

Eurozone inflation falls sharply but core rate reaches new record high

Annual inflation across the eurozone fell from 8.5% in February to 6.9% in March, one of the steepest drops in recent years.

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Watch: Protests in Lebanon as lira hits new low against dollar

Protests in Lebanon as the value of the Lira against the dollar drops to a new low, and the nation deals with the worst economic and financial crisis in its modern history.