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Economy

Eurozone business activity hits 15-month high in August

The eurozone's economy is gathering momentum as its latest business activity indicator, the flash composite PMI, increased in August, surpassing expectations. It was boosted by manufacturing, which expanded in the bloc for the first time since June 2022.

Economy

Growth fades in Europe: Is the recovery already running out of steam?

The eurozone economy barely grew in the second quarter. Germany and Italy contracted, while Spain continued to shine.

EU Decoded

Can the EU be a climate leader and boost its economic competitiveness?

A recent proposal by the European Commission to set an emission reduction target of 90% by 2040 compared to 1990 level is being criticised by European lawmakers, member states and environmentalists alike.

Europe News

New euro banknotes spark Franco-Polish dispute over Marie Curie's name

The Polish Nobel Prize-winning scientist was born in Warsaw with the surname Skłodowska, before later marrying the Frenchman Pierre Curie.

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Business

Losses and job cuts at Intel as chipmaker drops projects in Europe

Continued lay-offs and further spending cuts are part of the turnaround plan of the US-based chipmaker to save the company's future, as it has just reported further losses for the second quarter of the year.

Economy

Will the ECB cut the key rates again? US tariff impact is crucial

The European Central Bank will likely hold off on making another interest rate cut on Thursday, choosing to wait until it can measure the size of any economic blow from higher US tariffs.

Economy

Retaliatory tariffs: Which EU countries could be impacted the most?

Ireland, Germany and the Netherlands are three of the most exposed countries should the EU decide to impose countermeasures on US imports — following Washington’s threat to charge 30% on EU goods.

Europeans' Stories

Currency changeover in Bulgaria: the euro replaces the lev in January

In an interview with Euronews, Plamen Ralchev says: “The euro is a lifeboat that Bulgaria should board!" The scientist at the University of National and World Economics warns against right-wing populist parties exploiting the currency debate.

EuroVerify

Fact check: Which eurozone country is creating the most jobs?

Spanish Prime Minister Pedro Sánchez recently said that his country was responsible for creating half of all new jobs in the eurozone, but is this true?

Economy

Which European economy stands to suffer the most from US tariffs?

One-fifth of the EU’s exports are heading to the US. Tariffs on the carmaking sector hit the German economy the most, but potential tariffs on the pharmaceutical one could cost substantially to the Irish economy.

Europe News

Ireland, Lithuania and Spain: Who will lead the Eurogroup next?

On Monday 7 July, finance ministers from the euro area are expected to elect their new president. Who is running for the position, and what proposals are they putting forward?

Business

China hits Europe’s brandy exports with duties but adds exemptions

Beijing decided to impose anti-dumping duties of up to 34.9% for the next five years starting on Saturday, following an investigation into brandy imported from Europe.

Economy

Which countries will lose the most if tensions reignite around Iran?

Russia could benefit from an escalating situation in the Middle East, while China and Europe would see their economies suffer if the ceasefire between Iran and Israel fails to hold.

The Europe Conversation

European Commissioner Maria L Albuquerque advocates for investing in savings with risk

In an interview with Euronews, Maria Luís Albuquerque, the European Commissioner for Financial Services and the Union of Savings and Investments, argued that consumers should invest in medium- and long-term financial products and advocates for the advantages of mergers in European banking.

The Europe Conversation

EU: Green transition and competitive economy not contradictory

In an interview with Euronews, Jessika Roswall, the Commissioner of Environment and Water Resilience, explains that it is possible for Europe to have a strong, competitive economy while also protecting access to clean drinking water and removing harmful chemicals from the environment.

Economy

Investing in Europe is at a nine-year low: Is a rebound coming?

Foreign direct investment (FDI) in Europe dropped to its lowest level in nine years in 2024, with France, Germany and the UK experiencing double-digit declines.

Economy

What EU exports could be hit hardest by Trump’s 50% tariff threat?

Key sectors, including chemicals, machinery and vehicles, could be the hardest hit by the US President’s threat of imposing 50% tariffs on EU goods.

Economy

Climate crisis must be tackled without resorting to degrowth, says MEP

Growth is essential to retaining the European way of life, said the EPP’s Lídia Pereira, responding to claims that the EU must shift its thinking on sustainability.

Economy

How much will Trump’s tariffs drag on the EU economy in 2025?

The European Commission cut back its growth forecasts for this year and the next on Monday, due to the impact of US President Donald Trump’s tariff policies.

The Europe Conversation

‘EU needs to take decisions to defend multi-lateral order’ Eurogroup president tells Euronews

Irish Finance Minister and Eurogroup President Paschal Donohoe believes that the institutions that emerged after World War II are being challenged by the United States. In an exclusive interview with Euronews, he warned that history shows that "progress can decline".