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Economy

Economy

From €36,300 to €1.2 million: Europe's vast retirement wealth gap

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Economy

Inflation in Spain holds at 3.2% for third consecutive month

Economy

UK economy shrinks in April as the Iran war energy shock takes a toll

Economy

Working from home: Why your chances vary so much across Europe

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Economy

Lagarde says ECB interest rate hike ‘robust across three scenarios’

Critics worry the decision to keep rates high could hit productivity and keep inflation from returning to target levels until 2027.

Economy

IMF warns against further relaxation of euro area fiscal rules

The IMF has urged euro area countries to tighten their fiscal policies rather than relaxing them further in response to the energy crisis, with an extra adjustment effort required from high-debt nations.

Europe News

Senior MEP fears Airbus-Boeing dispute could reignite EU-US tensions

German MEP Bernd Lange fears the end of a crucial corporate truce could give the US grounds to breach the Turnberry agreement, which the European Parliament is expected to adopt next week.

Economy

Rising housing costs push more Europeans towards homelessness

The increased cost of living is weighing on Europeans' rights, an EU agency said in a report published Thursday, citing rising housing costs that are making people homeless.

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Economy

ECB raises interest rates for the first time in three years

The European Central Bank has lifted its deposit facility rate by 0.25% to 2.25%, marking a decisive pivot back to tightening as the Iran war pushes eurozone inflation to its highest level in nearly three years.

Economy

Anthropic pledges more than €170 million to study AI's impact on jobs

Anthropic unveiled a research fund and a policy roadmap for governments to follow if AI pushes unemployment sharply higher, with the CEO suggesting taxes on AI firms could one day fund a universal basic income.

Economy

'I love the inflation,' Trump says as prices jump again

Trump, who was in part elected on his promises to tackle inflation, said he had been prepared for the war in Iran to hit stock markets and oil prices.

Europe News

Trade and defence top of agenda at EU-South Korea summit

As security threats grow and geopolitics shift, the European Union and Republic of South Korea have celebrated a new Digital Trade Agreement at a summit in Brussels.

Economy

US inflation reaches 4.2%, clouding Fed rate-cut outlook

Annual inflation accelerated to 4.2% in May, driven largely by higher fuel costs, as rising prices continue to weigh on household budgets and cloud the Federal Reserve's interest-rate outlook.

Economy

German industrial output rises for the first time this year

An uptick of 0.4% in Germany's April factory output and a rise in exports offer little cause for celebration as new orders collapse, energy prices soar and Europe's largest economy continues to struggle to find solid footing.

Economy

The 10 most expensive European cities to buy a home in 2026

A new ranking shows Switzerland and Luxembourg dominate Europe's priciest property markets, with apartment prices in Zurich more than double those in Paris.

Economy

Robotaxis are coming to Europe — and the EU wants to speed things up

France, Germany, Italy and 14 other countries have signed a joint declaration to coordinate autonomous vehicle testing across borders, paving the way for faster adoption of the technology across Europe.

Europe News

Exclusive: Inside the EU’s struggle to police tariff circumvention

As the EU moves to strengthen its defences against cheap Chinese imports, some Chinese companies are openly advertising ways to bypass EU duties, from transhipment to minimal product transformation. Euronews looks into the methods circulating online.

Economy

Inflation beating pay in Europe: Where are workers losing the most?

As inflation surges across Europe following the recent Middle East conflict, advertised pay growth in the eurozone is failing to keep up, causing workers' real earnings and purchasing power to fall.

Europe News

Trade commissioner pledges ‘new tool’ to diversify suppliers

The European Commission is preparing a new tool to curb the bloc's dependence on China, with Trade Chief Maroš Šefčovič saying on Friday that companies could be required to source from at least three different suppliers.

Economy

Eurozone economy shrinks by 0.2% in the first quarter of 2026

The 21-member euro area has entered negative territory for the first time in over a year, with a dramatic Irish contraction masking more nuanced performances across the bloc's major economies.

Azerbaijan

US eyes stake in Azerbaijan pipelines after Trump-brokered peace deal

Washington wants in on Azerbaijan's pipelines and energy infrastructure, a senior US official said in Baku, as the two countries deepen economic ties following Trump's White House peace deal with Armenia.

Europe News

'Not happening': EU loses hope in services ban for Russian tankers

The EU is stuck with a ban on maritime services for Russian oil tankers. The closure of the Strait of Hormuz, the silence of G7 allies and the opposition of Greece and Malta have made any policy shift virtually impossible.

Economy

France or Germany: Where do workers take home more pay?

Workers' take-home pay varies dramatically across Europe, with annual net earnings ranging from under €13,000 to more than €54,000. While adjusting for living costs narrows the gap between eastern and western Europe, significant differences remain.

Europe News

EU trade chief to meet China envoy amid heated trade tensions

Brussels is moving to crack down on Chinese overcapacity flooding the EU market, despite Beijing’s retaliation threats.

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Europe News

US tariff threats over forced labour 'unjustified', Commission says

The EU hit back at US threats of fresh tariffs over forced labour, saying its rules are among the most stringent in the world for banning imports and exports of goods linked to forced labour.

Economy

Prolonged Iran war could push economies into recession, OECD warns

The war in the Middle East has dented economic growth prospects worldwide, with a more severe shock likely if no effective ceasefire is agreed before 2027, the OECD warned Wednesday.

Europe in Motion

Which European countries have the highest job insecurity?

France, Italy, Spain and Greece have some of the highest rates of workers in fixed-term or part-time jobs. Some of these countries are trying to tackle that, while elsewhere, part-time roles are increasingly popular.

Economy

EBRD lowers growth forecast as energy shock hits economies

Economic growth across the European Bank for Reconstruction and Development's regions is expected to slow more sharply than previously forecasted this year, largely due to inflation rising to 6.4% due to the Iran war, which has pushed up energy prices.

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Economy

New US tariffs target EU among 60 economies over forced labour imports

The EU and UK are among the economies targeted by a new US tariff proposal linked to forced labour imports, potentially reopening trade tensions just weeks after Brussels reached a deal with Washington.

Business

Faith and finance: The surprising economic boost from a papal visit

In what it hails as a loaves-and-fishes miracle, the Spanish Bishops' Conference says Pope Leon XIV’s trip to Spain will bring in five times its cost, though less than the 2011 visit’s €354 million.

Economy

Inflation hits 3.2%, highest since 2023: ECB rate hikes inevitable?

Eurozone inflation rose to 3.2% in May, the highest since 2023, driven by energy and services. Markets now see an ECB rate hike next week as done deal.

Economy

World Cup 2026: The biggest economic prize in sport - or just hype?

With the kick-off less than ten days away, the largest World Cup in history is set to inject tens of billions into the hosting economies. Yet, analysts are estimating that the relative impact will be marginal.

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Europe News

Massive China subsidies distorting markets, OECD says

Chinese state subsidies have hit record levels, climbing to nearly 10% of company revenue in the chip sector and distorting markets, according to a new OECD report, published as the EU mulls new measures to counter Beijing's aid.

Economy

Higher borrowing costs raise economic and political stakes for Trump

US President Donald Trump faces renewed pressure from rising US borrowing costs as investors price in inflation risks linked to the Iran conflict, tariffs and concerns over long-term government debt.

Economy

China's factory activity flatlines casting doubt over the economy

China's manufacturing sector barely held its ground in May, with official data showing activity slipping to its weakest reading in three months as the fallout from the Iran war and entrenched domestic weakness raise fresh doubts about Beijing's growth ambitions.

Economy

Why are grocery prices still eye-watering, despite moderate inflation?

Food inflation has fallen sharply from its 2023 peak — but European grocery prices are nearly a third higher than before the pandemic, and the reasons they stay high are structural.

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Business

Trade turnover in Eurasian Economic Union exceeds €80 billion in 2025

EAEU leaders gathered in Astana for a two-day summit to discuss AI integration, shared digital markets and trade corridors as the bloc marks its 12th year with turnover forecast to further exceed the record set in 2025.

Europe News

Is Europe finally waking up to China?

Brussels now considers current trade relations with China unsustainable. A series of EU laws and measures have so far failed to shift the dynamics, while drawing Beijing’s ire. Here are five key takeaways on the increasingly heated EU-China relationship.

Economy

ECB rate hike in focus as Eurozone's 'Big Four' post high inflation

Inflation picked up across the EU’s largest economies in May, driven by higher energy prices, fuelling expectations that the ECB will raise interest rates at its June meeting.

Economy

The next wealth boom: Emerging markets to add $12 trillion by 2030

Emerging markets will add trillions in wealth by 2030, but the fast-growing affluent class driving it remains largely unserved by banks and advisers.

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Europe Today

Birol warns Europe easing Russia sanctions would be a 'major mistake'

IEA chief says “knocking on Russia’s door” would be a repeat of past mistakes, even as the EU is rattled by a price shock stemming from the Strait of Hormuz shutdown. Agency warns of "biggest energy security crisis ever".

Economy

The eurozone cities beating Paris for rental income in 2026

Europe's best buy-to-let opportunities have moved away from its priciest cities. Here are the ten eurozone markets where rental income is highest — ending with a surprising number one.

Europe News

EU countries back EU-US deal, paving the way for its final adoption

The controversial deal still requires formal approval by the EU member states and the European Parliament. Under terms agreed last week by MEPs and EU lawmakers, the agreement will end in 31 December 2029 if not renewed.

Economy

Not even inheriting a home: most Spaniards don't see it as an option

61% of Spaniards doubt they will inherit a home, as housing becomes harder to access. Inheritances grow in importance, yet only one in five sellers obtained their property this way.

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Economy

What's left of a €100,000 salary after tax across Europe?

Eastern Europe generally offers higher take-home pay on a €100,000 gross salary, whereas Western and Northern Europe tend to show lower net figures at this income level. Tax calculations are complex, and Euronews Business provides approximate estimates.

Europe News

Germany resists EU members' push for a tougher stance on China

German Trade Minister Katherina Reiche is in Beijing this week seeking to strengthen industrial ties with China, even as several EU member states push Brussels to take a tougher line against the Asian giant over overcapacities.

Markets

Oil steadies at $100 and markets stay volatile as US-Iran talks stall

Brent crude trades at $100 per barrel while European indices drop, Asian stocks close mostly flat and US equities open higher. Markets remain volatile as US-Iran talks stall and President Trump reiterates nuclear demands.

Economy

Five sectors where the EU is critically dependent on Chinese imports

From solar panels to rare earths and industrial robots, Chinese firms have quietly become the dominant, sometimes sole, supplier across a growing number of European industries as fears of another "China shock" rise.

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What legacy will WUF13 leave?

In partnership with World Urban Forum

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How Japan is helping Vietnam build resilience against disasters

In partnership with The Government of Japan

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