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Economy

Euro area trade surplus rises despite a drop in exports

The value of exports in the region outweighed imports in June 2024, particularly when looking at the trade of chemicals, machinery and vehicles.

Bulgaria

Bulgaria's political impasse complicates its relations with Brussels

One of Bulgaria's top issues is joining the eurozone. Sofia hopes to join the single currency in 2025, but the political difficulties of recent years make this unlikely.

Markets

Euro surges to eight-month high as safe haven currency

The euro is likely to rise further as a safe destination due to the jittery sentiment amid the global market turmoil. The ECB's September rate decision remains a key factor in determining the single currency's trend.

Economy

More eurozone citizens find themselves jobless in June

The marginal increase in unemployment in the eurozone suggests a slow-down in the labour market after a period of growth.

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Business

Trump's cryptocurrency endorsement: Upcoming challenges for Europe

Bitcoin experienced a further surge following former US President Donald Trump's keynote address in support of cryptocurrencies. This development may reignite concerns about the European Union's regulations over the controversial market.

Economy

Jittery times in June make euro and yen the weakest currencies

In the group of G-10 currencies, the euro and the Japanese yen saw the sharpest decline against the US dollar. The EU's political turmoil and the BOJ's dilemma in its policy stance have weighed on both currencies.

Economy

Flicker of optimism for Europe's producers as energy prices see a fall

Higher energy prices over the past few months because of the Russia-Ukraine war have been costly for European factories and manufacturers.

Economy

Deutsche Bank revises eurozone GDP outlook for the year

The German economy is doing better than expected, while the UK economy is also going through a cyclical recovery.

Economy

Eurozone unemployment plunges to record low of 6.4% in April

Falling unemployment could point to a brightening European outlook, with the Euro Area economic sentiment improving as well.

Economy

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.

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.

Economy

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.

Economy

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.

Economy

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%.

France

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.

Economy

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.

Economy

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.

Economy

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.

Economy

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.

Economy

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.