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Radio Schuman

Draghi’s report risks colliding with EU political reality

Bruegel expert Guntram Wolff told Euronews that translating the report into EU legislation won't be easy due to political instability in some key EU member states.

Economy

Eurozone inflation hits over 3-year low: Are ECB rate cuts looming?

Eurozone annual inflation fell to 2.2% in August 2024, yet core inflation, driven by persistent services costs, remains stubborn. ECB’s Schnabel urges caution regarding potential rate cuts.

Markets

Markets look ahead: Crucial data may hold key to what happens next

Market sentiment may remain fragile following the recent rout, as investors turn their attention to key indicators from major economies this week. In particular, US inflation data will be crucial in shaping global market trends.

Economy

Eurozone growth picks up but Germany's economy sees surprise fall

The eurozone's GDP grew 0.3% in the second quarter of 2024, exceeding expectations, but Germany's contracted by 0.1%, indicating economic struggles for the bloc’s largest economy.

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The Big Question

AI adoption could boost European business but what’s holding us back?

“Digital skills will actually become more important going forward in the workplace than your actual university degree,” says AWS.

Business

French car maker Renault posts 1.9% rise in first-half sales volume

The surge in sales was largely due to the strong performance of the company's hybrid models in Europe.

Economy

Germany approves draft 2025 budget: Funds to Ukraine halved

The German government endorses a draft 2025 budget with €481 billion in spending, including €78 billion for investments. The budget allocates €75.3 billion for NATO's defence spending target, but halves funds to Ukraine.

Economy

Jittery times in June make euro and yen the weakest currencies

In the group of G-10 currencies, the euro and the Japanese yen saw the sharpest decline against the US dollar. The EU's political turmoil and the BOJ's dilemma in its policy stance have weighed on both currencies.

Economy

IMF's roadmap for Europe: More green investment and market integration

The IMF recommends Europe implement strategic macroeconomic policies, structural reforms, and increased green investment to address challenges such as reduced fiscal buffers, an ageing population, and low productivity growth.

Europe News

Election aftermath - MEPs to watch on economic and financial policy

The European Parliament is establishing new political groups and leadership, with the first constituent plenary session on 16-19 July - Euronews has earmarked MEPs likely to shape economic and finance policy in the new assembly.

Business Planet

'I start from a big, red alarm' - Enrico Letta urges radical EU single market shake-up

In partnership with The European Commission

The EU's single market is based on free movement of goods, services, capital and people. Ex Italian PM and author of a report into the single market, Enrico Letta argues a 5th freedom - encompassing research, education and innovation - is vital for Europe's future prosperity.

Economy

Eurozone economy growth thanks to increased household spending

In the first quarter of 2024, the eurozone economy grew by 0.3% compared with the previous quarter, according to the third estimate published by Eurostat, the statistical office of the European Union.

Economy

Final manufacturing figures show Eurozone inching towards recovery

The index remains in negative territory but shows the smallest fall in more than a year. Spain's economic health is looking up while Germany and France continue to show weakness.

My Europe Series

State of the Union: sunshine in Ankara, darkness in Tbilisi

This edition of State of the Union focuses on the continuing diplomatic détente between Turkey and Greece and the escalating domestic upheaval in Georgia.

Economy

Why the days of lower European property prices may soon be over

European residential properties have held onto nearly all their value, while the overall price drop for all types of commercial properties slowed down significantly after almost two years of going downhill, latest data reveals.

Real Economy

The EU's unprecedented response to tumultuous times

In partnership with The European Commission

The current EU Parliament and Commission had just begun the work of their five-year agenda when it was derailed by Covid-19 and then the Ukraine war. As the institutions' mandate enters a final phase, Real Economy gets the views of key players in Brussels on one of the EU's most difficult chapters.

Europe Decoded

Euroviews. Draghi's report lacks transparency and risks capture by big business

The pathway to a prosperous, resilient, dynamic, innovative and democratic European economy lies in pursuing economic balance and diversity rather than monopoly, Max Bank and Olivier Hoedeman write.

Economy

Why might the euro continue to weaken against the US dollar?

The euro has shown a weakening trend against the US dollar since the start of the year. The decline can be attributed to divergence in inflation trajectories of the euro area and the US, suggesting a continuation of the euro's depreciation relative to the dollar.

Business

European companies in China struggling to make money as growth slows

European companies in China are finding it harder to make money as growth slows and overcapacity pressures increase, according to a new survey by the EU Chamber of Commerce in China.

Markets

Weekly markets round-up: Optimism high on interest rate cut hopes

Major European indices have notched up all-time highs, with the FTSE 100 reaching a fresh record following signals from the Bank of England (BoE) indicating an impending rate cut.