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Euro area

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Jittery times in June make euro and yen the weakest currencies

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Eurozone inflation cools, but not as much as expected

Falling inflation figures from the Eurozone and its biggest economies will come as a relief to the ECB, which makes its next interest rate decision next week.

01/03/2024

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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.

15/02/2024

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Global economy heading towards lowest half-decade growth in 30 years

World Bank predicts the global economy will slow for a third consecutive year in 2024.

10/01/2024

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Unemployment in the euro area drops to 6.4%

The latest data from Eurostat shows unemployment rates are getting slightly better in the euro area and the wider EU.

09/01/2024

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Euro area inflation rises less than expected in December

Eurozone inflation in December rose by 2.9% year-on-year, less than the 3% expected, ending a seven-month decline streak. Monthly, the inflation rate increased by 0.2%. Core inflation, excluding energy and food, hit 3.4%. November's PPI fell by 0.3%, with a significant yearly drop of 8.8%.

05/01/2024

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EU leaders salute father of European integration Jacques Delors

The former President of the European Commission and prominent figure of the French left passed away on Wednesday aged 98.

27/12/2023

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Eurozone inflation compared as energy prices offer some relief

Euro area inflation fell in line with market estimates in November as energy prices fell. Euronews Business breaks down the latest economic data impacting the eurozone economy.

19/12/2023

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Retail sales boosted in October as European shoppers spend more

Eurostat reported a 0.1% increase in retail sales in the Eurozone for October, following three months of decline.

06/12/2023

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Inflation, weak demand and falling employment weigh on the eurozone

The eurozone economy continued its decline for a sixth consecutive month. Euronews Business looks at why and breaks down the latest figures.

05/12/2023

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Small wins for eurozone manufacturing sector as downturn eases

The downturn in manufacturing activity softened slightly in November and business confidence is at a three-month high. Experts nonetheless say a recovery is far-off.

01/12/2023

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Lower inflation and wage growth in 2024? Here's S&P Global's outlook

Euronews Business spoke to chief EMEA economist, Sylvain Broyer, at S&P Global about the eurozone economic outlook for 2024.

01/12/2023

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Euro area inflation slowdown brings ECB's 2% target back into focus

Inflation in the euro area has taken a significant dip, reaching its lowest level in over two years. Euronews Business breaks down the latest figures.

30/11/2023

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German inflation at lowest level in two years

Germany’s Federal Statistical Office has published inflation figures for September, which come in at +3.8% compared with the same month last year.

08/11/2023

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Economy roundup: Tourism steadily climbs but business trips struggle

New economic data from the EU’s statistical office shows that retail trade and service production numbers were down in September, and while tourism recovered strongly in 2022, some post-COVID struggles remain.

08/11/2023

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What will Poland’s new government mean for the EU economy?

As President Andrzej Duda opens consultations with party leaders to form a new government, here's how the opposition's majority in the Polish parliament will affect the EU's sixth-largest economy - as well as the bloc itself.

24/10/2023

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Eurozone unemployment still at its lowest level in August, at 6.4%

Unemployment rates continue to decrease in countries that use the euro. For the European Union as a whole, the unemployment rate stood at 5.9% in August, the same as in May and June.

02/10/2023

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Inflation drops sharply in Europe in September

The annual inflation was still double the European Central Bank’s target, however.

29/09/2023

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European Central Bank hikes interest rates to highest level since 2000

Christine Lagarde warned that consumer prices are still rising too fast.

27/07/2023

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Windfall profits rise to $1 trillion amid cost-of-living crisis: Study

New data on the profits of the world's largest businesses has renewed calls for permanent windfall taxes across all sectors of the economy.

06/07/2023

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Brussels unveils plans for a digital euro promising complete privacy

The Commission's proposals would allow people to store up to €3,000 digital euros in secure wallets and use them for both offline and online payments.

28/06/2023