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Economy

Corporate income tax in Europe: Which countries collect the most?

The share of corporate income tax in total tax revenues and GDP varies widely across Europe, reflecting differences in national tax policies. Euronews Business takes a closer look at the shares, rates, and what they mean.

Economy

US GDP shows 3.8% growth in second quarter in dramatic upgrade

Imports fell and consumer spending jumped, resulting in a much better economic performance than previously estimated in the world's biggest economy.

Economy

Why a decline in the UK's university sector is a threat to GDP

UK universities face a funding crisis that could cost the overall economy, but mostly impact a few already fragile regions, said Oxford Economics in a recent report.

Economy

Japan: Revised Q2 GDP shows 2.2% growth despite US tariffs

Japan’s economy expanded at a stronger rate in the fiscal first quarter than previously estimated. The data was published hours after Prime Minister Shigeru Ishiba announced his long-awaited resignation following his party's defeat in the summer elections.

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Economy

Winners and losers in Europe’s real household income per capita

Euronews Business examines how real household income per capita and real GDP per capita changed in the first quarter of 2025.

Economy

Boost for Trump as US growth revised higher in Q2

The US economy rebounded this spring from a first-quarter downturn caused by fallout from President Donald Trump's trade wars.

Economy

Tax revenue as a share of GDP: Which countries collect the most?

Euronews Business takes a closer look at how much tax European countries collect and what share of their national outputs it represents. Among the top five economies, France records the highest ratio, while the UK has the lowest.

Economy

Germany’s GDP contraction worse than expected after tariff boost

The economy had seen a slight uptick at the start of this year as businesses sought to get ahead of tariffs, but the country has now slipped back into contraction territory.

Economy

Eurozone business activity hits 15-month high in August

The eurozone's economy is gathering momentum as its latest business activity indicator, the flash composite PMI, increased in August, surpassing expectations. It was boosted by manufacturing, which expanded in the bloc for the first time since June 2022.

Economy

Which countries collect the most from property taxes across Europe?

Property tax policies vary across Europe. In some countries, such as the UK and France, property taxes make up a significant share of both GDP and total taxation.

Economy

Growth fades in Europe: Is the recovery already running out of steam?

The eurozone economy barely grew in the second quarter. Germany and Italy contracted, while Spain continued to shine.

Economy

The UK economy grows despite tariff pressures, outpacing G7 peers

While not comparable to the growth at the beginning of the year, July's numbers are bigger than predicted and signal a greater resilience than other top G7 economies.

Business

Rheinmetall secures €770mn order from German army amid defence boom

The deal for more than 1,000 logistics vehicles comes as Europe ramps up military spending in response to global tensions.

Economy

Fed's Powell leaves interest rates unchanged despite Trump demands

The Fed left its key short-term interest rate unchanged for the fifth time this year, at about 4.3%, as was expected.

Economy

Eurozone growth slows: Spain leads and Germany contracts

Eurozone GDP rose just 0.1% in the second quarter of 2025, down from 0.6% in Q1, as Germany and Italy slipped into contraction. Spain led growth at 0.7%, while France surprised with 0.3% growth.

Economy

The UK’s weak economic growth and Brexit: Is the worst over?

The UK’s decision to leave the European Union has left lasting impacts on the country’s economy. While many of the repercussions appear to be longstanding, including low productivity, Euronews Business asked experts whether they think the worst is over.

Economy

Chinese economy grows at a 5.2% annual pace despite trade war

China achieved GDP growth for the last quarter above the official 5% target, although strong exports to markets aside from the US masked weak domestic consumption.

Economy

Heatwaves: Which European countries face the biggest economic losses?

Rising heat is already affecting Europe’s economy, and researchers warn the losses in GDP and productivity will worsen in the decades ahead.

Economy

UK economy contracts again in May despite government growth push

A modest 0.1% expansion was expected, although tariffs and tax increases continue to hamper growth.

Economy

How did Spain overtake Japan in GDP per capita?

Spain’s economy is thriving, driven by a global boost in services, mainly tourism, overtaking the sluggish performance of the Japanese economy in the last decade.