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Economy

Sweden's Riksbank cuts interest rates and signals further easing ahead

Borrowing costs in Sweden are being lowered faster than previously predicted as inflation falls below target.

Markets

Oil prices looking sticky as economic data disappoints

Crude oil markets are facing downward pressure following the release of weak manufacturing and services data from major economies. Meanwhile, escalating conflicts in the Middle East and additional stimulus measures from China have provided some support.

The Big Question

The flight of the Unicorn - how Estonia gained its wings

Digitalisation has made the country a hub for tech unicorns, Sandra Särav, Estonia's deputy minister for Economy and Innovation, explains how they did it.

Economy

Norway holds its benchmark interest rate at 16-year high of 4.5%

Why is one of Europe’s best-performing economies not following in the ECB’s footsteps?

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Economy

Netherlands new budget aims for 'people to have more money to spend'

Migration, the housing shortage and household incomes are among the key issues, the new Dutch government has decided to tackle in its budget and policy plans for 2025.

Economy

Brexit impact keeps getting worse, economists warn

A new study suggests that the economic slump caused by the change in UK-EU relations post-Brexit is not just a short-term hiccup, but likely to persist.

World News

EU ministers meet informally in Budapest to discuss green politics

Despite boycotts, Hungarian Finance Minister Mihály Varga called the meeting a success and addressed concerns by emphasising their commitment to advancing climate action while remaining competitive.

Economy

French Finance Minister Bruno Le Maire steps down

Bruno Le Maire says his goodbyes two months after the shock result of France's legislative elections, which has left a cloud of uncertainty over the country's economy.

Food and Drink

Sip happens: Sangria with €120,000 worth of Petrus, anyone?

A video posted online has become the subject of numerous outraged comments. It shows patrons of a bar on the Côte d'Azur concocting a sangria with one of the world's most expensive wines...

Economy

German inflation rate dips to lowest level in more than three years

The news raises hopes for another rate cut from the European Central Bank, with the policy committee set to meet this Thursday.

The Big Question

The Big Question: What is the economic impact of the Olympic Games?

France spent €2bn on the Olympics - has the country benefited economically? Banque de France deputy governor, Agnès Bénassy-Quéré considers France’s current economic outlook.

Europe News

Mitsotakis announces pension boosts and wage hike in 2024

Greek Prime Minister Kyriakos Mitsotakis outlined his economic agenda at the Thessaloniki International Fair, focusing on wage growth, employment, and climate challenges.

Poland

Polish prime minister announces record defence spending in 2025 budget

The current proposal would break the previous defence spending record of 159 billion zlotys (€37 billion) in the 2024 budget.

Europe News

Brussels doesn't object Spanish veto of Hungarian Talgo takeover

Brussels has raised no objections to the Spanish veto of a Hungarian bid that would have acquired the totality of Talgo, a domestic train maker.

Economy

Economic sentiment lifts as services rebound - Dax hits record highs

A robust services sector and better employment prospects helped lift economic sentiment in the eurozone and European Union in August. The DAX hit record highs as inflation fell across German states.

Food and Drink

Berlin's Michelin-starred restaurants in crisis amid economic woes

Five of the highest-awarded fine dining restaurants in the capital of the EU's strongest economy have shut up shop in the past 12 months. Others are warning of a critical situation. But what's driving this crisis?

World

Algeria has big plans to develop tourism by 2030 – how will it work?

In partnership with anep

Algeria’s government wants to see five times more annual visitors to the country by 2030. We take a look at how the tourism sector is being developed to attract and host them all.

Economy

Germany's economic sentiment crashes in August, dragging eurozone down

Germany and the eurozone's economic sentiment plunged in August, driven by global trade slowdown, stock market turmoil, and Middle East tensions.

Economy

Italy's industrial production creeps up while growth remains tepid

Italy’s production appears to be stabilising although year-on-year data is still in the doldrums.

Travel News

Turbulence has knocked instant noodles off this airline's menu

Noodles will still be available to business and first-class passengers.