European economy | Euronews

English

Economy

IMF: Global growth will be stronger than expected in 2024 at 3.1%

The International Monetary Fund (IMF) raised its forecast for global growth, projecting 3.1% in 2024. However, Europe's prospects are not as positive.

Economy

What's in store for LNG and Europe in 2024?

The story of liquified natural gas (LNG) — natural gas cooled down to liquid form for ease and safety of non-pressurised storage or transport — is getting interesting as it increases its share in the global primary energy mix, Osama Rizvi writes.

Economy

ECB keeps interest rates unchanged, sticks to data-dependent approach

As expected, the European Central Bank kept rates unchanged at its January meeting, despite increasing calls for monetary loosening.

Economy

European industry activity slows ahead of ECB decision

Several European countries reported upbeat services and manufacturing data, the last indicators ahead of the ECB's monetary policy meeting on Thursday.

ADVERTISEMENT

Economy

Euroviews. What is the economic impact of migration on Europe?

The recent surge in migration caused by war and instability means those seeking shelter as migrants, refugees or asylum seekers are affecting the socioeconomic landscape of Europe and its countries in more ways than one, Osama Rizvi writes.

Economy

The five challenges facing Italy's economy in 2024

With the ongoing national challenges such as slow GDP growth, an immigration crisis and a soft labour market, the global scenario remains bleak. For Italy, growth, albeit small, might still be on the cards, Osama Rizvi writes.

Ireland

Irish PM: 'Fight for Ukraine is a fight for wider European values'

Taoiseach Leo Varadkar says he believes the European Council will vote to approve a pending €50 billion Ukraine fund in February.

Economy

Europe is where we see more 'sluggish growth', says KPMG

High inflation and unemployment could leave the continent lagging behind other major economies in 2024, according to global accounting firm KPMG.

Economy

US retail sales up in December, but consumers remain pessimistic

People in the US stepped up their spending at retailers in December, closing out the holiday shopping season and the year on an upbeat tone and signalling that people remain confident enough to keep spending freely.

Europe News

Europe scrambles to finalise new fiscal rules after lawmaker vote

Twitchy bond markets and upcoming elections mean the clock is ticking for controversial new EU deficit laws.

Markets

Weekly markets' wrap: European stocks bounce up on ECB rate cut hopes

European markets were brighter on Friday following fairly optimistic comments from ECB President Christine Lagarde on Thursday about potential interest rate cuts.

Real Economy

Celebrating 25 years of the euro: a retrospective and future outlook

In partnership with The European Commission

To commemorate 25 years of the single currency in Europe, we ask students, workers and a former president of the European Central Bank for their perspectives on the past, present and future of the euro and the eurozone.

Business

Here's some of the best options for starting a UK pension

Retirement may seem a long way off at the start of your career but it's never too early to start saving for a pension.

Europe Decoded

2023: Europe's year explained in charts and data

Dampened economic prospects, two raging wars and extreme weather events have all deeply affected Europe in 2023.

Europe News

EU deal on gig workers falls apart at the last minute

A hard-fought deal on a draft law designed to improve the conditions of millions of gig workers across the European Union unexpectedly fell apart on Friday morning during a meeting of ambassadors in Brussels.

Europe News

Franco-German compromise prompts EU deal to reform fiscal rules

Economic and finance ministers of the European Union sealed on Wednesday a deal to reform the bloc's fiscal rules, a breakthrough made only possible after Germany and France found a middle ground.

Business

Do companies discriminate based on age? Here are the findings

What's Europe's stance on older people in the workforce? Euronews Business takes a look at the findings of a recent study.

Economy

Euroviews. New India-Europe corridor brings opportunities and challenges alike

As the world moves towards "minilateralism" — meaning, small groups of countries cooperating to tackle collective issues or pursue goals — the IMEC presents the EU with an opportunity to grow its trade and improve its access to global markets, Osama Rizvi writes.

Economy

ECB's Christine Lagarde stands firm: No rate cuts on the horizon

Those anticipating a dovish pivot from ECB President Christine Lagarde in the wake of comments by Fed Chair Jerome Powell a day earlier would have found her latest press conference a stark contrast.

Economy

ECB holds interest rates steady: What lies ahead for Europe's economy?

The European Central Bank (ECB) has held interest rates and said it expects inflation to decline over the course of 2024.