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Economy

OECD: Belgium needs to cut public spending to reduce debt and deficit

The debt keeps swelling and if no action is taken, the OECD warns, it could reach 200% of the GDP by 2050.

Economy

Bank of France deputy governor on the challenges central banks face

Banque de France (Bank of France) deputy governor, Agnès Bénassy-Quéré, spoke to Euronews' Angela Barnes about the challenges ahead for central banks as the latest ECB rate decision hangs in the balance.

The Big Question

The Big Question: What is the economic impact of the Olympic Games?

France spent €2bn on the Olympics - has the country benefited economically? Banque de France deputy governor, Agnès Bénassy-Quéré considers France’s current economic outlook.

Economy

ECB rate cut looking more likely as eurozone growth downwardly revised

Eurozone growth for the second quarter was revised down to 0.2%, marking a slowdown compared to the first quarter. Germany contracted, while Spain saw strong growth. The ECB is expected to cut rates by 25bps next week.

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Economy

German economy shrinks as consumers shy away from spending

Germany contracted by 0.1% in the second quarter of the year, raising recession fears. Consumer confidence plummeted, investments weakened, and the economy sharply underperformed compared to other major nations.

Economy

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.

Economy

Hard times for Latvia as eurozone nations share mixed economic updates

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

Economy

UK economy receives surprise boost after month of zero growth

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

Business

EBRD reveals how sanctions on Russia has impacted its economy

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.

Economy

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.

Economy

The Brussels boost: How the EU-8 have grown their economies

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.

Business

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.

Business

UK spending closer to France's than the US, says World Bank economist

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.

Economy

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.

Economy

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.

Business

A European country wins top slot in a best-to-do business poll

Countries from Europe, the Middle East and Africa were judged across nine categories, including fair and predictable tax, governance, availability of skilled workers, and public health and sustainability.

Economy

S&P Global: These are the biggest risks ahead for the EU economy

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.

Economy

Dutch economy sees slight uptick in 2023 as disposable income rises

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

Economy

Prices and social inequality top issues for European elections: Poll

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

Economy

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.