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European economy

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AI adoption could boost European business but what’s holding us back?

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OLYMPIC GAMES PARIS 2024 FRANCE PARIS ITALY OLYMPICS KAMALA HARRIS DONALD TRUMP ISRAEL

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IMF's roadmap for Europe: More green investment and market integration

The IMF recommends Europe implement strategic macroeconomic policies, structural reforms, and increased green investment to address challenges such as reduced fiscal buffers, an ageing population, and low productivity growth.

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The European Parliament is establishing new political groups and leadership, with the first constituent plenary session on 16-19 July - Euronews has earmarked MEPs likely to shape economic and finance policy in the new assembly.

14/06/2024

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'I start from a big, red alarm' - Enrico Letta urges radical EU single market shake-up

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The EU's single market is based on free movement of goods, services, capital and people. Ex Italian PM and author of a report into the single market, Enrico Letta argues a 5th freedom - encompassing research, education and innovation - is vital for Europe's future prosperity.

11/06/2024

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In the first quarter of 2024, the eurozone economy grew by 0.3% compared with the previous quarter, according to the third estimate published by Eurostat, the statistical office of the European Union.

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Final manufacturing figures show Eurozone inching towards recovery

The index remains in negative territory but shows the smallest fall in more than a year. Spain's economic health is looking up while Germany and France continue to show weakness.

03/06/2024

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This edition of State of the Union focuses on the continuing diplomatic détente between Turkey and Greece and the escalating domestic upheaval in Georgia.

17/05/2024

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European residential properties have held onto nearly all their value, while the overall price drop for all types of commercial properties slowed down significantly after almost two years of going downhill, latest data reveals.

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The EU's unprecedented response to tumultuous times

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The current EU Parliament and Commission had just begun the work of their five-year agenda when it was derailed by Covid-19 and then the Ukraine war. As the institutions' mandate enters a final phase, Real Economy gets the views of key players in Brussels on one of the EU's most difficult chapters.

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The pathway to a prosperous, resilient, dynamic, innovative and democratic European economy lies in pursuing economic balance and diversity rather than monopoly, Max Bank and Olivier Hoedeman write.

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Why might the euro continue to weaken against the US dollar?

The euro has shown a weakening trend against the US dollar since the start of the year. The decline can be attributed to divergence in inflation trajectories of the euro area and the US, suggesting a continuation of the euro's depreciation relative to the dollar.

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European companies in China struggling to make money as growth slows

European companies in China are finding it harder to make money as growth slows and overcapacity pressures increase, according to a new survey by the EU Chamber of Commerce in China.

10/05/2024

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Major European indices have notched up all-time highs, with the FTSE 100 reaching a fresh record following signals from the Bank of England (BoE) indicating an impending rate cut.

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Unemployment in the Eurozone remained at a record low of 6.5% in March, the same as February.

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Euronews Business asks the various political groups in the European Parliament about their economic agenda for the next five years.

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European private sector economic activity rebounds strongly in April, led by robust demand in services, although manufacturing continued to contract. However, resuming inflationary pressures cast uncertainty on the speed of ECB rate cuts.

23/04/2024

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ECB's Lagarde highlights private capital need for innovation in Europe

At a Council on Foreign Relations meeting on Wednesday, European Central Bank President Christine Lagarde stressed the importance of private investments in catalysing Europe's green transition and fostering innovation.

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What do European fund managers think about growth and inflation?

Optimism among European fund managers surged in April due to rising economic recovery hopes. European equities have gained favour, though worries about central bank policies potentially triggering a market correction loom large.

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Middle East crisis overshadows EU summit devoted to the economy

European Union leaders are gathering in Brussels for a special two-day summit focused on the bloc's economic competitiveness.

17/04/2024

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What are the economic implications of heightened security expenditure in Europe? Euronews looks at both the advantages and drawbacks of bolstering defence budgets in the aftermath of the Ukrainian crisis.

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Germany's Scholz rules out decoupling from China

The three-day visit of Germany's leader to China comes after Beijing slammed the EU as “reckless” following investigations into whether state subsidies are giving Chinese companies an unfair advantage.

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