Now playing Next Economy German government forecasts that economy will shrink by 0.4% this year Germany slashed its economic forecasts for 2023, predicting a 0.4% decline in its GDP. 11/10/2023
Now playing Next United Kingdom Stagnant UK economy lagging behind EU, new figures show Britain has seen no economic growth in three months, the country's statistic agency said on Thursday. Other European states are faring better, meanwhile. 13/07/2023
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Now playing Next Economy Brussels, my love? The EU's economy & the 'make polluters pay' policy Tune in to understand the ins and outs of European politics. 18/02/2023
Now playing Next Economy Gas prices fall, inflation eases. Can the eurozone escape a recession? "It's not a brilliant year but it is a lot better than what we had feared," European Central Bank President Christine Lagarde said last week. 24/01/2023
Now playing Next Switzerland Davos: Global leaders cautiously optimistic about global economy The World Economic Forum at Davos has ended with a mixture of mild optimism and caution for the global economy. 20/01/2023
Now playing Next Switzerland World Economic Forum kicks off in Davos amid fears of a recession World Economic Forum begins in Davos amid fears of a recession and almost a year since Russia invaded Ukraine. This year’s theme is ‘Cooperation in a fragmented world’ 16/01/2023
Now playing Next Economy Eurozone inflation falls back to single digits at 9.2% The record-breaking surge in prices seen in 2022 is steadily abating, according to new numbers released by Eurostat. 06/01/2023
Now playing Next Money One-third of the world faces recession in 2023, IMF warns The new year is going to be "tougher than the year we leave behind," says IMF Managing Director Kristalina Georgieva. 02/01/2023
Now playing Next France French economy should stave off recession in 2022, says Bank of France France's GDP will grow by a slight 0.1% in the last four months of this year, the national bank predicted on Thursday. 08/12/2022
Now playing Next Travel News Global travel summit wraps up in Saudi Arabia The largest in-person gathering of Minsters of Tourism and CEOs of tourism companies strives to align efforts to support the sector’s recovery from the pandemic. 01/12/2022
Now playing Next Economy What is a recession? Is Europe already in one? It's not easy to tell Russia's war in Ukraine and the global energy crisis have drastically worsened Europe's economic outlook. 28/11/2022
Now playing Next United Kingdom Hunt strives to play up UK's performance as he sets out austere budget The UK finance minister said Britain was holding up against "unprecedented global headwinds" as he outlined a severe package of cuts and tax rises. 17/11/2022
Now playing Next United Kingdom Highest interest rates rise since 1989 despite 'looming recession' UK finance minister Jeremy Hunt said Thursday's 0.75% hike by the Bank of England would be "very tough" for families with mortgages and businesses with loans. 03/11/2022
Now playing Next Economy Half of eurozone countries heading for recession, IMF chief predicts "The loss to the European people is quite, quite dramatic," Kristalina Georgieva told Euronews. 27/10/2022
Now playing Next United Kingdom New UK chancellor says mistakes were made and taxes could rise New Chancellor of the Exchequer Jeremy Hunt, a two-time Tory leadership candidate, said PM Liz Truss' government has to "show the world we have a plan that adds up financially." 15/10/2022