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Economy

Inflation across the eurozone reaches new all-time high of 8.9%

Core inflation, which excludes volatile items like energy and food, stood at 4%, the highest figure since the euro was created.

Economy

Sanctions 'catastrophically crippling' Russian economy, study finds

A Yale university study has found that western sanctions and the mass exodus of global companies are "catastrophically crippling" Russia's economy.

Economy

Analysis: How Czechs see the start of their EU Council presidency

Euronews correspondent Méabh Mc Mahon reports on her trip to Prague as the Czech Republic takes over the EU Council presidency this month.

Economy

This is what the euro-dollar parity means for you and the EU economy

A weaker euro will make European exports immediately cheaper in international markets.

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Economy

Annual inflation across the eurozone will peak at 7.6% in 2022

The Ukraine war and the disruption of energy and food markets continue to increase inflationary pressures.

Economy

Euro reaches parity with dollar for the first time in 20 years

The value of the common currency has plunged since Russia launched the invasion of Ukraine.

Economy

Inflation in the eurozone reaches new record high of 8.6%

Soaring energy prices are still the main driver behind inflation, but fresh food is also becoming more expensive.

Economy

Hungary blocks EU deal on 15% minimum corporate tax

Budapest argues the new tax would deal a "low blow" for European competitiveness and put jobs at risk.

Economy

Eurozone to get its first interest rate hike in 11 years next month

The European Central Bank will hike interest rates in July in a bid to tame inflation.

Real Economy

How the war in Ukraine is hitting Europe's economy

In partnership with The European Commission

As food and energy prices soar, what next for Europe’s economy? Real Economy speaks to a leading economist about the economic fallout caused by Russia's war with Ukraine and heads to Germany to visit an aerospace firm attempting to cope with supply chain disruption.

Economy

Mixed fortunes as three European economies reveal post-Ukraine invasion GDP

It's good news for some and bad for others as France, Italy and Switzerland published GDP growth figures today.

Economy

Ukraine war is 'a wake-up call' for faster transition to green energy

"No country controls the wind and the sun. Let’s make sure that this is the last time that the global economy is held hostage to the hostile actions of those who produce fossil fuels."

Real Economy

Brussels Economic Forum 2022: War, pandemic and climate to top agenda

In partnership with The European Commission

Real Economy speaks to the IMF’s no2 Gita Gopinath and the EU’s Commissioner for Trade Valdis Dombrovskis about the economic fallout of Russia’s war in Ukraine. The team also look ahead to the EU's flagship economic event, the Brussels Economic Forum.

Economy

Explained: Just how dependent is the EU on Russian oil?

The bloc gets over 25% of its oil from Russia through a vast network of ports and pipelines.

Economy

After coal, the EU faces an uphill battle to ban Russian oil and gas

As EU countries agree to ban Russian coal, all eyes turn to oil and gas, Moscow's most profitable exports.

Real Economy

Europe rethinking its rules on government debt

In partnership with The European Commission

The EU is rethinking the rules on public spending, debt and investment that will shape the future of Europe’s economy.

Economy

Watch: Spain & Netherlands strike surprising alliance on fiscal reform

The two countries want the EU fiscal rules to become more simple, transparent and realistic.

Economy

As the war in Ukraine rages on, Europe braces itself for stagflation

The war in Ukraine has sent inflation in the eurozone soaring, threatening the post-pandemic recovery.

Economy

Ukraine war pushes eurozone's inflation to a record 7.5%

Energy prices are once again the main drivers behind soaring inflation, recording a 44.7% rise on an annual basis.

Economy

EU relaxes state aid rules for companies impacted by war in Ukraine

Brussels first relaxed its strict state aid rules to mitigate the economic impact of COVID-19. Now it's doing it again because of Russia's invasion of Ukraine.