Now playing Next Business Eurozone returns to growth in the second quarter as inflation falls Activity grew by 0.3% between April and June, while prices rose by 5.3% in July. 31/07/2023
Now playing Next Economy Eurozone inflation drops in July as growth accelerates Inflation in the 20-country eurozone dropped to 5.3% in July, while GDP grew by 0.3% in the second quarter of 2023. 31/07/2023
Now playing Next Economy Germany expected to be only major economy not to grow this year According to the latest figures from the International Monetary Fund, Germany's GDP is forecast to drop 0.3% this year while other countries continue to grow. 30/07/2023
Now playing Next Business European Central Bank hikes interest rates to highest level since 2000 Christine Lagarde warned that consumer prices are still rising too fast. 27/07/2023
Now playing Next United Kingdom UK inflation drops but remains above the target, figures show Britain's inflation dropped to 7.9% in June, but the Bank of England's target of bringing it down to 2% remains elusive. 19/07/2023
Now playing Next Travel News Croatia's tourist numbers - and prices - soar after joining Schengen Figures released by Croatia's Ministry of Tourism show a 12 per cent increase in visitors compared to 2022. 18/07/2023
Now playing Next Europe News Cost of living crisis took its toll on EU households in 2022 The EU's official statistics agency on Monday released its annual key figures for Europe providing a snapshot of the continent's economic and societal health over the past 12 months. We picked out those you must know. 17/07/2023
Now playing Next Green News Tomatoes now cost more than petrol in India Extreme heatwaves and flooding have caused price of tomatoes to soar by 400% in India, with crops requiring 'bodyguards'. 12/07/2023
Now playing Next Economy Europeans much less concerned about energy prices, new poll shows Europeans seem to have moved on from the worst of the energy crisis. 10/07/2023
Now playing Next Europe News People in the EU unable to afford a proper meal on the rise - Eurostat In 2022, 8.3% of people in the EU were unable to afford a meal containing meat, fish or a vegetarian equivalent every second day, according to new Eurostat data. 10/07/2023
Now playing Next Economy Windfall profits rise to $1 trillion amid cost-of-living crisis: Study New data on the profits of the world's largest businesses has renewed calls for permanent windfall taxes across all sectors of the economy. 06/07/2023
Now playing Next Business Eurozone inflation slips to 5.5%, more central bank rate hikes coming The European Central Bank, along with its peers around the world, has been rapidly raising interest rates to combat inflation 30/06/2023
Now playing Next Culture news Have expensive Beyoncé and Taylor Swift tickets driven inflation? From 'Beyflation' to 'Swiftonomics': are a string of mammoth popstar tours this summer rocking the economy? 28/06/2023
Now playing Next United Kingdom Bank of England hikes interest rate again as high inflation persists With UK mortgage holders and renters are especially exposed to effects of rate increases, fears of a 1990s-style housing crash are on the rise 22/06/2023
Now playing Next United Kingdom Brexit turbocharging cost of living crisis, says economist Campaigners promised leaving the EU would make the country richer and freer. 22/06/2023
Now playing Next Economy IMF supports imposition of restrictive economic measures in the EU In an interview with Euronews, the IMF's Managing Director says that more stringent measures could become the norm given the current economic situation in Europe. 19/06/2023
Now playing Next Economy European Central Bank hikes rates again to 3.5% to battle inflation The European Central Bank has pressed ahead with another interest rate hike, aiming to crush inflation that is driving up the cost of groceries, utility bills and summer vacations. 15/06/2023
Now playing Next Food and Drink Mamma mia! Why some Italians are calling for a national pasta strike A week-long national pasta strike may be ahead after the government refuses to take action against rising prices 12/06/2023
Now playing Next world news OECD sees limited improvement in global economic growth The Paris-based Organisation for Economic Co-operation and Development's latest economic outlook sees limited improvement in global prospects but says rate hikes will weigh on growth. 07/06/2023
Now playing Next Business Inflation rate in Europe drops to 6.1% Inflation in Europe has dropped to 6.1%, but some experts warn that consumers won't immediately see a difference on market shelves. 01/06/2023