[ad_1] World Bank predicts the global economy will slow for a third consecutive year in 2024. ADVERTISEMENT The global economy is set to hit a grim record by the end…
Tag: Euro area
Eurozone inflation compared as energy prices offer some relief
[ad_1] Euro area inflation fell in line with market estimates in November as energy prices fell. Euronews Business breaks down the latest economic data impacting the eurozone economy. ADVERTISEMENT Year-on-year…
Inflation, weak demand and falling employment weigh on the eurozone
[ad_1] The eurozone economy continued its decline for a sixth consecutive month. Euronews Business looks at why and breaks down the latest figures. ADVERTISEMENT The euro area economy, also known…
German inflation at lowest level in two years
[ad_1] Germany’s Federal Statistical Office has published inflation figures for September, which come in at +3.8% compared with the same month last year. ADVERTISEMENT In August, the country experienced a…
Economy roundup: Tourism steadily climbs but business trips struggle
[ad_1] New economic data from the EU’s statistical office shows that retail trade and service production numbers were down in September, and while tourism recovered strongly in 2022, some post-COVID…
What will Poland’s new government mean for the EU economy?
[ad_1] As President Andrzej Duda opens consultations with party leaders to form a new government, here’s how the opposition’s majority in the Polish parliament will affect the EU’s sixth-largest economy…
Inflation drops sharply in Europe in September
[ad_1] The annual inflation was still double the European Central Bank’s target, however. ADVERTISEMENT The Eurozone’s annual inflation rate slowed down to 4.3% year-on-year in September, Eurostat announced on Friday. This…
European Central Bank hikes interest rates to highest level since 2000
[ad_1] Christine Lagarde warned that consumer prices are still rising too fast. The European Central Bank (ECB) hiked interest rates for the ninth consecutive time on Thursday, bringing rates to…
Croatia drops air border controls for Schengen zone countries
[ad_1] Croatia has dropped its air border controls for travel to and from Schengen Area countries. After joining Europe’s passport-free travel zone at the start of this year, the country’s internal…