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Economy

Inflation is raging in Estonia. So what's it like going food shopping?

You paid how much for that? Estonians have seen some of the biggest rises in Europe for food and fuel.

Economy

Greece: Shoppers not convinced over government scheme to cut prices

"I do not believe this measure will be any help. It is just a trick to fool the consumers”, said one customer.

Economy

Half of eurozone countries heading for recession, IMF chief predicts

"The loss to the European people is quite, quite dramatic," Kristalina Georgieva told Euronews.

Economy

European Central Bank announces new super hike of interest rates

The eurozone's central bank intends to make spending more expensive in order to bring down prices.

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Economy

'The worst is yet to come': IMF cuts global & euro area growth outlook

Overall, the global economy should grow by 2.7%, down 0.2% compared to the previous forecast.

Economy

Cap energy prices to avoid recession says Dombrovskis

Vice President of the European Commission and EU Trade Commissioner Valdis Dombrovskis is Shona Murray's guest on the Global Conversation.

Food and Drink

Spain: Restaurants forced to bump up price of popular set menu

The restaurant industry has been badly hit by soaring energy costs, at a time when many businesses are still recovering from the COVID-19 crisis.

Economy

Eurozone inflation reaches new record high of 10% in September

Eurozone inflation reaches new record high of 10% in September.

Economy

Market turmoil over Truss tax cut plan 'could hit Europe's economy'

The UK pound tumbled on Monday while the cost of borrowing soared to a higher level than that in Greece or Italy, the eurozone's most indebted members.

Tech News

French start-ups are optimistic despite the economic gloom. Here’s why

Almost 40 per cent of French start-up CEOs believe their revenue will at least double this year, according to an EY and France Digitale survey.

Economy

EU should be 'very careful' about capping gas prices: German minister

In an interview with Euronews, Anna Lührmann said an EU-wide price cap on gas imports could endanger the bloc's security of supply.

Economy

Brussels unveils emergency powers to keep goods moving during crises

The new system could ban member states from restricting the trade of critical goods and services when they are most needed.

Economy

European lawmakers expected to approve EU-wide minimum wage

The vote on Wednesday would see the living standards for millions of European workers improved.

Travel News

Europe is a ‘bargain’ for US holiday homebuyers right now. Here's why

As the Euro plummets in value, some American home buyers are taking advantage of their increased spending power.

Money

Why Europe faces an energy crisis and what is being done about it

What you need to know about Europe's energy crisis and what you can do to keep your bills in check this winter.

Economy

Euro sinks to twenty-year low against US dollar

The euro fell below $0.99 as gas supply issues spark fears of a recession in the European Union

Economy

Truss won't save UK from recession by cutting taxes, says expert

Taking over from Boris Johnson, Liz Truss must face the cost-of-living crisis, the energy crisis, and Brexit hurdles

Green News

EU emissions down 34% in thirty years, climate targets need more

The EU has reduced its emissions by one-third in 30 years. While not on track for 2030 targets, the EU is calling on other countries to reduce their own.

Economy

Europe's energy crisis haunts the euro as it tumbles to 20-year low

A new spike in energy prices has added to fears of recession, with manufacturing surveys due on Tuesday expected to highlight the damage done to activity.

Economy

Tourism staff shortages affect 1.2 million jobs in the EU, says study

New report by the World Travel and Tourism Council shows over one million tourism sector jobs remain unfilled in the EU