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Economy

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

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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.

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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.

Syria

Syria's economy needs 'substantial' international support, IMF says

Since long-time authoritarian leader Bashar al-Assad was ousted in December countries have started restoring ties with Damascus, with some lifting sanctions in a bid to kickstart the economy.

Economy

EU budget needs 'a comprehensive overhaul' to handle shocks, says IMF

EU spending rules have not kept pace with challenges facing the bloc, warned the IMF’s Europe director.

Economy

US Treasury Secretary says IMF and World Bank need reform

Treasury Secretary Scott Bessent said the institutions “serve critical roles in the international system. And the Trump administration is eager to work with them — so long as they can stay true to their missions.”

Economy

Eurozone consumer confidence falls to 18-month lows as tariffs bite

Eurozone consumer confidence hits 18-month low as US tariffs bite. IMF cuts global growth forecasts while Lagarde urges policy flexibility