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Economy

Turkey cuts interest rate to 42.5% after inflation hits two-year low

Turkey’s central bank lowered its key interest rate by 2.5 percentage points on Thursday, its third consecutive cut, reacting to a slowdown in inflation in the country.

Economy

ECB cuts rates for sixth time since June despite sticky inflation

The European Central Bank cut its benchmark interest rate by a quarter point to 2.5% on Thursday as inflation nears 2% and growth remains weak.

Markets

Gold prices are high - but here’s why investors are still flocking

Looming trade wars, along with increasing global debt, are driving investors to the precious metal.

Economy

More rate cuts? Turkish inflation drops for ninth consecutive month

Falling inflation is a positive sign for the country battling with dramatic price rises and a weak lira.

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Economy

Eurozone inflation falls less than expected: ECB rate cuts at risk?

Eurozone inflation eased to 2.4% in February but remained above forecasts, complicating the ECB’s rate-cut plans. Monthly price pressures, meanwhile, hit a 10-month high.

Economy

Will the European Central Bank cut interest rates further this week?

The European Central Bank (ECB) is set to reduce its interest rate further this week due to economic concerns. Meanwhile, Donald Trump has vowed to impose 25% tariffs on the EU, sparking concerns of a further growth slowdown.

Economy

Foreign workers help Spain's economic growth outpace rest of Europe

How foreign workers are helping to boost Spain’s economy and outpace the rest of Europe.

Economy

Inflation in France hits its lowest level in four years in February

France is standing out from the crowd, other leading European economies including Germany and Spain reported higher inflation for February.

Business

Spain: Annual inflation shows a rise as energy costs boost price index

Prices in the EU's fourth-largest economy increased for the fifth consecutive month in February, compared to the previous year.

Europe News

High inflation rate pushes Belgians to go cross-border shopping

Belgium's inflation rate is one of the highest compared to its neighbouring countries, report by FPS Finance shows.

EU Decoded

Brussels wants to strengthen the bargaining power of farmers

The price of the groceries we buy are the result of tough negotiations between large purchasers and farmers. But farmers very often feel taken advantage of by major retailers, claiming they are forced to undersell their products.

Economy

UK inflation sees further spike as it rises to a 10-month high

January's inflation figure is likely to slow down the Bank of England's delivery of interest rate cuts as inflation remains well above the central bank's government-set target.

Economy

BoE chief says collaboration is key to solving economic imbalances

Speaking in Brussels, Andrew Bailey warned that fragmentation was "bad for global growth" during a time of uncertainty.

Economy

French inflation sees a jump in January as service prices rise

Energy and manufacturing product prices also contributed to higher inflation in January, as France continues to deal with increased political upheaval.

Markets

Euro at crossroads with Trump’s tariffs as Ukraine peace talks unfold

The euro rose to a near two-month high amid the postponed reciprocal tariffs by Trump and his push for Ukraine war peace talks. However, the rebound in the common currency may be only short-lived.

Economy

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.

Business

Euro and European stocks dip as US inflation surprises to the upside

US inflation rose more than expected in January, shaking markets and pushing Fed rate cut expectations to December 2025. The euro fell, US Treasury yields jumped, and European stocks erased gains. Analysts warn inflation remains sticky, sparking policy uncertainty.

Europe News

Romania's Georgescu calls on supporters to join supermarket boycott

Romania is the latest country to join a supermarket that has gained traction across the Balkans, with far-right ultranationalist Călin Georgescu calling on his supporters to join the initiative.

Europe in Motion

Winter poverty: These EU countries struggle the most to heat homes

Single parents and single women are the hardest-hit social groups across the European Union.

Economy

Turkey inflation falls for eighth month in a row as food prices dip

Falling housing and electricity prices also contributed to January's slowing inflation rate, as did a drop in recreation and culture prices.