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Eurozone growth unchanged but Germany's industrial sector still weak

Germany's surprise contraction in the second quarter this year was mainly due to a halt in equipment and buildings investments, as the industrial sector continues to weaken under pressure from rising interest rates.

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Ireland and Belgium's economies continued to grow from April to June - although Latvia's was not so lucky.

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May's output was lifted by an uptick in the services sector as sunshine boosted consumer spending.

11/07/2024

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The European Bank for Reconstruction and Development (EBRD) has unveiled surprising growth forecasts for Russia as it examines the impact of sanctions on the country.

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UK shakes off recession with 0.6% GDP growth in first quarter

In a pre-election boost for Prime Minister Rishi Sunak, national output surpasses analysts’ expectations.

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Twenty years ago today, 10 new countries joined the European Union. A new report looks at the economic progress of eight of those member states.

01/05/2024

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Vive la simplification: France wants to cut bureaucracy for businesses

President Macron’s government embarks on a tape-cutting crusade to support overburdened companies and boost growth.

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The increase in public spending in the UK is slowing down economic growth and making the country seem to be operating more like France than the US, says the World Bank's chief economist.

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Workers' slice of the GDP: How do income shares compare across Europe?

Analysis reveals huge disparities in labour income share in GDP among European countries. Falling shares are likely to raise income inequality.

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China’s economy beats expectations and grows 5.3% in first quarter

Strong output figures exceeded expectations although the country’s property crisis weighed on growth.

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Uncertainty over sluggish productivity and high labour costs could draw back the economic output of the eurozone, global credit rating agency S&P said in its updated economic outlook.

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The Netherlands' GDP outgrew analysts' expectations in the final quarter of last year.

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High prices and social inequalities are the main issues in the minds of voters, according to Euronews' exclusive poll.

23/03/2024

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As Europe's economy languishes, when will the ECB cut interest rates?

While new figures confirm economic stagnation in the EU at the end of last year, eyes turn to predictions from Bank of America that the ECB will cut interest rates in June.

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Swiss economy sees modest growth, buoyed by services

The accommodation and food services sector increased by 3.5%, while increased travel helped to push up the transport and communication sector by 0.4%.

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Denmark's GDP soars thanks to growing pharma sector

Denmark's gross domestic product (GDP) grew 2% in the fourth quarter of 2023, largely bolstered by the country's expanding pharmaceutical sector.

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UK enters recession as economy shrinks: Will the BoE cut rates sooner?

An economy is widely considered to enter a technical recession following two consecutive quarters of negative economic growth, which is usually measured by GDP.

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Eurozone avoids recession but remains stagnant as Germany struggles

The bloc sharing the euro has seen its economy practically motionless in the last year as it continues to stagnate.

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Where in Europe do people have the most disposable income?

There is a large income inequality in Europe. Western and Nordic states have higher disposable income on average compared to many southern and eastern countries.

03/02/2024