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Economy

Europe’s diesel reserves: How a release could lower pump prices

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Economy

European gas prices keep climbing as IEA calls for emergency reserves

With European gas prices hitting the highest since early 2023, the International Energy Agency says governments should consider strategic reserves, more flexible contracts and closer international cooperation to prepare for future natural gas shortages.

Markets

European government bond yields surge to 15-year highs as sell-off deepens

A global bond sell-off has hit European debt markets, reflecting concerns about inflation, budget deficits and government debt.

Economy

European gas prices spike above €70 amid renewed Middle East fighting

The benchmark Dutch TTF natural gas price rose above €70 per megawatt-hour on Monday, as renewed fighting between the US and Iran raised fresh concerns about further delays to LNG exports from the Persian Gulf.

Travel News

2027 eclipse sends prices soaring: Up to €33,129 a night in El Palmar

With almost a year to go, accommodation prices in southern Spain are soaring, with some stays already reaching €33,129 for a single night.

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Economy

Europe’s gas prices are surging. Who will be the first to pay more?

Europe could face its toughest winter gas season since 2022 as wholesale prices trade near their highest level in more than three years. Household bills could rise quickly in the Netherlands while taking nearly a year to fully adjust in Germany and Austria.

Economy

Which food prices could rise as war and heatwaves hit supplies?

Global food prices are expected to increase by double digits in 2026 as Russia's escalating war in Ukraine worsens the impact of other food price shocks, according to Oxford Economics. Wheat is expected to face the greatest pressure, likely pushing up bread and pasta prices.

Business

Second-hand home prices in Spain rise 16.2% in a year

The Fotocasa Property Index puts the average price of existing homes in Spain at €3,154 per square metre in July, 16.2% higher than a year ago. All 17 regions report annual rises, led by Murcia, Cantabria and the Valencia region.

Economy

Ice cream economics: How long do you have to work for one scoop?

In an indicative comparison of prices in 10 European countries, Euronews found that affording a scoop of ice cream required the most working time in Greece — nearly three times as much as in Germany.

Business

Where is the iPhone 17 Pro most expensive? How Europe compares

The premium paid for Apple’s latest Pro model has widened across much of Europe since 2017, with taxes and currency movements creating stark differences between markets.

Economy

New UK PM touts 'cost of living government' with tax cut and £2 buses

Andy Burnham has used his first days in Downing Street to scrap the 5% VAT charged on household electricity bills and cap single bus fares in England at £2, telling his new cabinet that Britain now has a "cost of living government".

Economy

Resale homes in Spain rise 17.2% to the highest level in 21 years

The asking price of resale homes in Spain reached €3,133 per square metre in June, up 4% in the second quarter and 17.2% from June 2025 levels.

Economy

Heatwaves could drive Europe's food prices higher next year

While food inflation has eased across the eurozone, economists say this summer's extreme heat is now a bigger threat to next year's supermarket prices than the recent Iran war, as damaged harvests could outweigh the fading impact of higher oil and fertiliser costs.

Economy

Renting in Spain less profitable: 71% now prefer to buy

Seven in ten Spaniards now think it’s more worthwhile to pay a mortgage than to rent, as fears of a new housing bubble grow and the Housing Law is judged a failure.

Economy

Air tourism pushes average rent in Spain up by €236

A new study by Transport & Environment finds a link between booming air tourism in seven European countries and soaring rents and house prices, though it does not in itself explain the full extent of the problem.

Lifestyle

Weddings in Spain in 2026 cost between €25,000 and €32,000

Two recent studies put the average cost of a wedding in Spain at between 25,000 and 32,000 euros. Nearly seven in ten couples spend more than planned, and 95% admit to financial stress. Housing is the major sacrifice that follows.

Business

AI boom sends Xbox, Mac and iPad prices soaring

Microsoft and Apple are raising prices for Xbox consoles, Macs and iPads as the AI boom sends memory chip costs soaring, with prices increasing by up to $300 (about €265) and as much as 25%, depending on the product.

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