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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

Croatia pulls design for €1 coin after plagiarism allegations

It had been selected to be minted to celebrate Croatia joining the eurozone next year.

Economy

What is the EU's Stability and Growth Pact and why is it important?

The bloc's fiscal rulebook has been suspended until next year to stave off any unwanted economic consequences of the pandemic.

Real Economy

20 years on, has the euro cash currency been a success?

In partnership with The European Commission

It was 20 years ago that euro coins and notes first appeared across the continent. Two decades on, what has the single currency meant for our economies and businesses?

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Economy

Europe faces tough call on stimulus amid omicron fears

The European Central Bank is being pulled two ways: It's caught between a scheduled end of its pandemic stimulus and growing alarm about the new omicron variant of the coronavirus.

Real Economy

Europe's COVID recovery: economy bounces back but risks remain

In partnership with The European Commission

Europe’s economy is on track for faster than predicted growth - but could a surge in covid cases and supply chain shortages jeopardise that recovery? In this episode, Real Economy speaks to the OECD’s chief economist, to ask if we have any reason for christmas cheer.

Economy

Eurozone finance ministers celebrate 20 years of European currency

Eurozone finance ministers celebrate 20 years of European currency

Economy

Inflation in eurozone hits record high of 4.9%

Consumer prices across the 19 countries that use the euro currency are rising at a record rate as a result of a huge spike in energy costs this year.

Economy

Brussels urges caution despite strong economic growth forecasts

The EU Commissioner for the Economy Paolo Gentiloni delivered the European Semester Autumn Package on Wednesday. While he insisted that the worst is behind us, he still warned against the possible negative effects of the pandemic on the economy.

Economy

Germans face highest inflation rates in decades as energy prices rise

Germany, along with many EU countries, is facing its highest inflation rates for many years sparking fears among many citizens

Economy

Eurozone inflation hits 13-year high amid persistent energy crunch

Prices across the eurozone rose by 4.1% in October, up from 3.4% in September.

Economy

EU divided over response to soaring, 'unbearable' energy prices

Economic and finance ministers met in Luxembourg, laying bare intra-EU divisions.

Tech News

Eurozone GDP recovered more rapidly than expected post-COVID lockdowns

Increased consumer spending was marked out as a catalyst for a rapid rise in GDP in the EU and eurozone, according to the new report.

Business

Eurozone inflation rises to a 10-year high

The annual inflation rate in the 19 countries that use the euro currency jumped to a 10-year high of 3%, according to a flash estimate from the EU's statistics office Eurostat.

Economy

'All 27 EU countries to fully recovery from COVID crisis in 18 months'

The European Commission President credits the vaccine roll-out and the €750-billion recovery fund as the key elements behind the recovery.

Economy

Europe’s economy slid back into recession as US roared ahead

The European economy officially entered a double-dip recession in the first quarter of the year, as the continent paid the price for slow vaccine rollouts and extended lockdowns.

Economy

EU governments agree to continue uncapped spending until mid-2022

European Union finance ministers said during a video conference on Tuesday that unlimited spending must be allowed until the recovery from the pandemic is secure.

Economy

Eurozone economy shrank less than feared in 2020 — Eurostat estimate

The EU's statistics agency says early analysis suggests eurozone GDP fell by 0.7% in the last quarter and 6.8% across 2020.

Economy

Economists revise eurozone growth downwards amid second COVID wave

Lockdowns and pandemic-related restrictions were likely to slow down Europe's economic recovery as the ECB cut its predicts for 2021 and beyond.

Economy

New report paints bleak picture of EU unemployment

The unemployment rate for the bloc was at 7.6% in October 2020, up 1% compared to October 2019.