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Markets

High interest rates and weak demand hit Europe's economy

European markets were higher on Tuesday as investors digested a raft of economic data from across the Eurozone, as well as more corporate updates, including BP's latest earnings.

Economy

Eurozone inflation revised down to 5.2% in August

Despite the decrease, inflation still remains far above the European Central Bank's 2% objective.

Markets

Uncertainty in Europe as oil prices keep climbing

Oil prices have climbed further after they hit a ten-month record on Thursday and gas prices are also inching towards their highest level of the year.

Economy

EU economy loses momentum amid war, inflation and natural disasters

The European Commission has revised down its economic forecast, warning that stubbornly high prices for goods and services are "taking a heavier toll than expected."

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Economy

Euroviews. Are small nations welcome at the EU's industrial policy table?

It is not just about the money, it is about what each country — no matter its size — can bring to the table, Marius Stasiukaitis writes.

Economy

Eurozone sees sluggish growth in second quarter

The latest figures from Eurostat show that economic activity in the eurozone grew less than initially estimated, by 0.1% over the April-June period compared to the previous three months.

Economy

Inflation in the eurozone shows no change: 5.3% in August

Inflation across the 20 countries that use the single currency remained stable in August at 5.3%, still far away from the 2% target of the European Central Bank.

Economy

The ECB’s rate-hike dilemma as eurozone business activity falls

As eurozone businesses face sharp declines in outputs and new orders, experts believe the European Central Bank (ECB) faces a complex challenge as it decides whether to continue its cycle of interest rate hikes in September.

Economy

Eurozone GDP grows by 0.3% in second quarter of the year

The 20 countries that use the euro currency and their 346 million people saw modest economic growth of 0.3% growth in the second quarter of the year but the outlook remains relatively weak.

Economy

EU, eurozone unemployment rates remain at historic low in June

The European Union's unemployment rate remained stable at its historic low of 5.9% in June, according to Eurostat.

Business

Eurozone returns to growth in the second quarter as inflation falls

Activity grew by 0.3% between April and June, while prices rose by 5.3% in July.

Real Economy

Do we need the digital euro?

In partnership with The European Commission

Digital currencies have grown in popularity. Unlike bitcoin, the digital euro would be a central bank digital currency (CBDC), essentially, electronic cash. The aim is to offer consumers an alternative Europe-wide payment option.

Business

Eurozone inflation slips to 5.5%, more central bank rate hikes coming

The European Central Bank, along with its peers around the world, has been rapidly raising interest rates to combat inflation

Business

Inflation rate in Europe drops to 6.1%

Inflation in Europe has dropped to 6.1%, but some experts warn that consumers won't immediately see a difference on market shelves.

Economy

Why has Germany gone into recession?

Analysts worry the German economy could become "the black sheep of Europe".

Real Economy

Where does Europe's economy stand, and where is it headed?

In partnership with The European Commission

In this episode of Real Economy, we travel to the Brussels Economic Forum to ask high-level decision-makers how the EU can shape its digital, green and economic policies while ensuring the protection of its workers, industries, and consumers.

Economy

After market turmoil, EU revamps rules for bailing out mid-size banks

The latest proposal from the European Commission comes on the heels of financial turmoil caused by the collapse of three US banks.

Economy

Eurozone inflation falls sharply but core rate reaches new record high

Annual inflation across the eurozone fell from 8.5% in February to 6.9% in March, one of the steepest drops in recent years.

Economy

Explained: Why the EU's banking union is still unfinished business

The banking union was first pitched in 2012, at the height of the eurozone crisis, but the project remains incomplete to this day.

Travel News

Croatia drops air border controls for Schengen zone countries

Croatia joined the Schengen Area in January. Now air borders have been dropped in the passport-free travel zone.