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Economy

IMF forecasts 3.1% global growth in 2026, with eurozone at 1.1%

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Economy

IMF confirms Italy growth forecast: GDP +0.5% in 2026 and 2027

The IMF has also lifted its 2026 global inflation forecast to 4.7%, citing rising energy and commodity prices and risks from tensions in the Middle East.

Business

IMF to closely monitor China’s economic growth amid trade tensions

An accurate measurement of China's digital economy is a priority for other powers competing with Beijing in fast-developing technologies.

Europe Today

World Cup fever, new EU migration era and the Pope's message to Spain

The biggest-ever World Cup got underway with hosts Mexico beating South Africa and South Korea upsetting the first European team in action. In Europe, the EU's new Migration and Asylum Pact takes effect today, while Pope Leo XIV wraps up his visit to Spain with a special mass in Tenerife.

Economy

IMF warns against further relaxation of euro area fiscal rules

The IMF has urged euro area countries to tighten their fiscal policies rather than relaxing them further in response to the energy crisis, with an extra adjustment effort required from high-debt nations.

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Interview

Global shocks will slow down economic growth in Africa, IMF warns

According to the IMF's report, regional growth is expected to decline by 0.3 percentage points, and some 20 million people in Africa now face the risk of food insecurity as the Iran war raises energy and food prices.

Europe Today

More 'targeted measures' are needed to tackle high energy bills - IMF

The International Monetary Fund (IMF) said vulnerable households should be the main target of energy price relief measures and urged EU governments to guarantee that these won't do "more damage than good".

Europe Today

Short conflict in the Middle East or recession in Europe, IMF warns

The IMF’s outlook for Europe remains closely tied to geopolitical developments. A prolonged crisis risks tipping Europe into recession.

Business

Hormuz tensions threaten global energy and supply chains, Qatar warns

“The full-fledged impact is coming” and what the world has seen until now in energy costs is "the tip of the iceberg," Qatar’s finance minister says, warning of wider energy and supply shock as Iran tightens control over Hormuz.

Europe News

Venezuela and EU set out roadmap for renewed ties amid political thaw

Following talks in the Venezuelan parliament, Caracas and the EU have agreed on a new cooperation agenda. The shift aligns with a broader economic pivot, as the nation resumes ties with the IMF and the World Bank.

Economy

IMF drops Eurozone's economic growth forecast to 1.1% from 1.4%

The International Monetary Fund (IMF) has adjusted its growth projection for the eurozone down to 1.1% from 1.4% for 2026 as prospects for the euro area dwindle amid higher inflation and reduced momentum.

Economy

IEA warns 'largest energy security threat in history' is under way

No new energy shipments have been loaded in April, signalling a worsening disruption that could intensify the global energy and economic impact, IEA Executive Director Fatih Birol said on Monday.

Business

'No return to normal': IMF warns of lasting damage from Iran war

The IMF is cutting its global growth forecast, preparing €42.9bn in emergency aid and warning that 45 million people face food insecurity.

The Europe Conversation

IMF boss calls for 'single market czar' to implement Draghi report

IMF Managing Director Kristalina Georgieva calls for a single, authoritative voice to lead the implementation of the Draghi report or risk losing precious time for Europe at an 'existential moment' for the bloc.

USA

Trump threatens to cut support for Argentina if Milei loses election

Trump insisted that a recent $20 billion (€17 billion) assistance package to Argentina, which administration officials strenuously deny is a bailout, was about helping “our neighbours."

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.

Belgium

Middle East conflict adds uncertainty to trade tension, IMF chief says

Former European Commission Vice-President and current IMF chief Kristalina Georgieva spoke to Euronews about the state of the global economy amid escalating trade tensions and the outbreak of a new conflict involving Iran.