Now playing Next 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. 12/07/2022
Now playing Next Economy Eurozone finance ministers discuss soaring inflation and energy prices Skyrocketing inflation is "a fact of life" exacerbated by the war in Ukraine, said Sigrid Kaag, the Netherlands' finance minister. 12/07/2022
Now playing Next 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. 01/07/2022
Now playing Next 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. 09/06/2022
Now playing Next Economy Croatia could adopt euro in 2023 as Commission gives the all-clear The eurozone could grow by 4 million people on 1 January 2023, if EU leaders approve later this month the Commission's recommendation to let Croatia adopt the single currency. 01/06/2022
Now playing Next Economy Explained: Why higher gas costs lead to higher food prices The connection partly lies in fertilisers, which require a great deal of gas to be produced. 23/05/2022
Now playing Next Economy Eurozone growth slows down hit by impact of Ukraine war and pandemic Spain and Germany saw their economies grow by 0.3% and 0.2% respectively in the first three months of the year, quarter-on-quarter -- far smaller than previously projected. France stagnated (0%) and Italy fell (-0.2%). 29/04/2022
Now playing Next Economy Watch: What is inflation and what can be done about it? Inflation is at a record high across the world. 06/04/2022
Now playing Next 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. 04/04/2022
Now playing Next 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. 09/02/2022
Now playing Next 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. 18/01/2022
Now playing Next Real Economy 20 years on, has the euro cash currency been a success? 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? 12/01/2022
Now playing Next 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. 16/12/2021
Now playing Next Real Economy Europe's COVID recovery: economy bounces back but risks remain 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. 15/12/2021
Now playing Next Economy Eurozone finance ministers celebrate 20 years of European currency Eurozone finance ministers celebrate 20 years of European currency 07/12/2021
Now playing Next 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. 01/12/2021
Now playing Next 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. 24/11/2021
Now playing Next 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 07/11/2021
Now playing Next 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. 29/10/2021
Now playing Next Economy EU divided over response to soaring, 'unbearable' energy prices Economic and finance ministers met in Luxembourg, laying bare intra-EU divisions. 04/10/2021
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