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Economy

IMF: coronavirus pandemic will cause worst economic slump since Great Depression

"The bleak outlook applies to advanced and developing economies alike. This crisis knows no boundaries. Everybody hurts," says International Monetary Fund Managing Director Kristalina Georgieva.

Economy

"No single country will be left behind in this crisis"

EU Commissioner for Internal Market, Thierry Breton says "not one single country was fully prepared for this kind of crisis, but the EU is now getting a battle plan in place.

Real Economy

Covid-19 Pandemic: How has the EU responded to the economic crisis?

In partnership with The European Commission

We ask Economy Commissioner Paolo Gentiloni if Europe is doing enough to avoid an economic crisis due to the coronavirus outbreak.

Economy

EU project 'in danger if no solidarity on coronavirus crisis'

European leaders have already rejected the idea of "corona bonds" as a way of financing the COVID-19 response.

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Economy

We urgently need a coordinated European response to coronavirus. We are seeing the opposite ǀ View

As a record number of citizens, including the most Eurosceptic, turn to the EU in search of emergency solutions, Brussels looks helpless. But who’s really to blame for the current situation?

Economy

Aid packages help minimise impact of virus on world econonomies

The effect of the Coronavirus on the economy is being felt across the globe. Aid packages are being introduced by countries in the hope these might help people who are unable to work and potentially in financial difficulties. The UK has pledged 330 Billion pounds and the US 1 Trillion dollars.

Real Economy

Wake-up call: EU mobilizes economic toolbox to reach sustainability

In partnership with The European Commission

Euronews heads to the Danish town of Sonderborg to find out how they plan to become Europe's first carbon neutral city.

Economy

British government spent at least €5 billion preparing for Brexit

UK government departments prepared for #Brexit planning for both a 'deal' and 'no deal' scenario, following the 2016 referendum. Here's the bill.

Real Economy

Fiscal Rules: Towards a new growth model for Europe

In partnership with The European Commission

France, Belgium, Italy, Spain and Greece are among the countries with debt-to-GDP ratios near or above 100%

Economy

German economy stagnates as eurozone growth reaches 7-year low

Germany, Europe’s largest economy, has recorded a zero growth between October and December, as manufacturing remained in a slump and exports fell.

Real Economy

Europe’s saga: Young, educated and unemployed

In partnership with The European Commission

There are 5.5 million young people in Europe who are not in education, employment or training. New to the labour market, they are less likely to find a job or are often employed on temporary or part-time contracts.

Economy

EU's green transition 'will have slightly positive economic effect'

The climate crisis has made headlines, but now European politicians are trying to put green policy into practice.

Real Economy

European fiscal stimulus: more spending for more growth

In partnership with The European Commission

The European Central Bank has been leading efforts to stimulate growth for years, but some now say its financial toolkit is almost empty.

Real Economy

Eurozone economy slows amid trade tensions and uncertainty

In partnership with The European Commission

A new series of 'Real Economy' looks at some of the reasons why the forecast is gloomy and how opportunities can turn the tide.

Eco-Innovation

Honda is stepping on the gas to reach its electric intentions by 2022

Japanese car designer set to achieve greener goal 3 years early.

Economy

Italy considers new 'web tax' on tech giants to raise funds

Amid a crippling economy, Italy is trying to find a new way to boost the economy by taxing internet companies.

Economy

Meet Paolo Gentiloni: the Italian watchdog of European public finances

The former prime minister has received the green light from MEPs to be the new European Commissioner for economic affairs

Economy

Using the EU’s own trade rules against it: the scourge of ‘VAT Carousel’ fraud | View

By converging standards and regulations, and removing most - if not all - barriers to international export, the EU facilitates trade, improving the standards of living for millions across the continent. However, criminal actors are also using these same structures to engage in illicit activity.

Economy

Thomas Piketty takes aim at wealth inequality in latest book

Six years ago, his book "Capital in the 21st Century" sold 2.5 million copies after being translated into 40 languages. Arguably the most famous French economist in the world, Thomas Piketty is back with a controversial new book "Capital and Ideology".

Business

Christine Lagarde gets European Parliament approval as next ECB chief

With 394 MEPs in favour and 206 against Christine Lagarde won the European Parliament approval to lead the European Central Bank.