Why has Germany gone into recession?

[ad_1] Analysts worry the German economy could become “the black sheep of Europe”. ADVERTISEMENT Germany fell into recession in the first quarter of 2023, putting Europe’s largest economy out of…

Boost for eurozone as economic sentiment hits 10-month high

[ad_1] While most analysts feel optimistic about the euro area’s economic situation for the next six months, many remain concerned about its current state. ADVERTISEMENT Economic sentiment in the eurozone…

Jobs at risk as eurozone construction sector continues to struggle

[ad_1] Construction firms are looking to cut costs in the face of inflationary pressures and a prolonged fall in demand. ADVERTISEMENT The eurozone Construction PMI Total Activity Index came in…

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…

Rise in German unemployment points to cracks in eurozone labour market

[ad_1] Stay informed with free updates Simply sign up to the Eurozone economy myFT Digest — delivered directly to your inbox. The number of unemployed people in Germany rose by…

Small wins for eurozone manufacturing sector as downturn eases

[ad_1] The downturn in manufacturing activity softened slightly in November and business confidence is at a three-month high. Experts nonetheless say a recovery is far-off. ADVERTISEMENT The Eurozone Manufacturing Purchasing…

France prices fall in November as inflation eases in the energy sector

[ad_1] French inflation numbers for November came in lower than expected following a slower rise in energy and service sector prices. ADVERTISEMENT France’s year-on-year November inflation print was released on…

OECD: The Global economy is slowing and the eurozone is lagging behind

[ad_1] Euronews Business take a look at what the OECD projects in its latest analysis of the major global trends and prospects for the next two years. ADVERTISEMENT Stronger-than-expected GDP…

Eurozone PMIs improve but economy ‘stuck in the mud’

[ad_1] The downturn across the eurozone’s manufacturing and services sectors eased more than expected in November, data from S&P Global and Hamburg Commercial Bank (HCOB) revealed on Thursday, but the…

Here’s why EU imports and exports are seeing a downturn

[ad_1] Euronews Business takes a look at some of the reasons why EU imports and exports have been decreasing. ADVERTISEMENT The trading scenario within the European Union continues to encounter…