Australian woman jailed for life after serving toxic mushroom lunch
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Eurozone economy grows marginally, boosted by household spending
The eurozone economy saw a slight rise in the last quarter of 2024, although major economies such as France and Germany continued to lag.
Italy sees moderate GDP rise and sharply falling deficit in 2024
The European Union’s third-largest economy expanded by 0.7% in 2024, fuelled by domestic consumption and increased exports. The budget deficit sharply dropped compared to the previous year.
Eurozone records marginal GDP growth after forecasts of stagnation
Regional output was slightly better than previously thought, although the eurozone is still hampered by productivity woes.
Poland's president vows to spend 4.7% of GDP on defence this year
Poland already spends more of its GDP on defence than any other NATO country, followed by Estonia and the US.
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Spain's economy remains robust with jobless total lowest for 16+ years
Analysts expect Spain's economy to continue to recover in the coming months, despite being likely to stay vulnerable to the continuing effects of the Valencia floods, and with the possibility of tariffs being imposed on the EU by the US.
WEF issues warning over split threat posed to global financial system
Rising geopolitical tensions are increasing fragmentation of the global financial system and pose a risk to both global prosperity and human progress, according to a report from the World Economic Forum.
Global GDP could be halved if we don’t take urgent climate action
People are already impacted by food system shocks, water insecurity, heat stress and infectious diseases. If unchecked, mass mortality, mass displacement, severe economic contraction and conflict become more likely.
Poland keeps interest rate steady as inflation lingers above target
Poland’s central bank has revealed its reluctance to cut interest rates before the end of this year, as a number of economic factors risk pushing inflation up once more.
UK economy returns to growth for first time in three months
The UK economy returned to growth in November following an unrevised contraction in October. It is news that will offer relief to Chancellor Rachel Reeves following the bond market turmoil that has seen her fiscal decisions called into question.
Germany's economy shrinks for a second year in a row as election looms
Europe's biggest economy shrank for a second year in a row in 2024, according to data released on Wednesday by the Federal Statistics Office.
How do America's poorest states compare to Europe's largest economies?
The poorest US state has a higher GDP per capita than Europe’s top economies, except for Germany. Is this set to continue being the case in 2025?
Poorest US state rivals Germany: GDP per capita in US and Europe
Mississippi, the poorest state in the United States, is close to surpassing Europe's largest economy Germany's GDP per capita. Euronews Business compares US states with European countries.
UK economy stagnates as concerns of recession increase
Revised figures show that the UK's economy registered zero growth between July and September as both the services and production sectors saw marked declines.
UK economy unexpectedly shrinks in October for second straight month
The figures come as a setback for the new Labour government and its pro-growth agenda.
French central bank expects zero growth in fourth quarter
The bank's monthly survey shows a rising uncertainty among businesses in Europe's second-biggest economy.
Defence spending boost: Which EU countries are investing the most?
Largely fuelled by the war in Ukraine, EU member states' military spending peaked at €279 billion in 2023, with 2024 expected to hit €326 billion.
Swiss GDP grows underwhelmingly as manufacturing remains weak
The Swiss economy is expanding slowly, buoyed by trade but hit by weak manufacturing figures.
Modest growth in the German economy helps it avoid a recession
Europe's biggest economy expanded by 0.1% in the third quarter, revised down from the first estimate of a 0.2% rise.
Irish economy likely to lag in 2024 as multinational sector declines
The European Commission expects the Irish economy to decline in 2024. However, growth is expected to pick up pace again in 2025, before stabilising in 2026.
UK economic growth slows down sharply in the third quarter
UK economic growth slowed down sharply in the third quarter of the year, official figures showed on Friday.