Macro economy

Economy

Bank of England cuts its main interest rate by a quarter point to 4%

The rate cut is the bank’s fifth since last August, when policymakers began to lower borrowing costs from a 16-year high of 5.25%.

07/08/2025

Europe News

French PM launches podcast to defend his 2026 budget cuts

Under fire for his unpopular €44-billion savings plan, PM François Bayrou has decided to turn to YouTube and a podcast series to try to convince the French public.

05/08/2025

Economy

Eurozone unemployment stays at a record low despite economic hurdles

US tariffs have created economic headwinds by creating uncertainty around trade, but Europe’s labour market is holding up relatively well.

31/07/2025

Economy

UK Treasury chief will slash financial red tape to boost investment

Reeves set out the changes in her annual Mansion House speech to finance bigwigs in London, saying she was “rolling back regulation that has gone too far in seeking to eliminate risk”.

16/07/2025

Economy

Chinese economy grows at a 5.2% annual pace despite trade war

China achieved GDP growth for the last quarter above the official 5% target, although strong exports to markets aside from the US masked weak domestic consumption.

15/07/2025

Economy

UK economy contracts again in May despite government growth push

A modest 0.1% expansion was expected, although tariffs and tax increases continue to hamper growth.

11/07/2025

Economy

China sees consumer price inflation in positive territory in June

CPI inflation climbed into the green for the first time since January, although producer prices remain in deflationary territory.

09/07/2025

Economy

Eurozone unemployment ticks up modestly as tariff uncertainty lingers

Businesses in Europe must contend with economic uncertainty when looking for new hires, although unemployment rates remains historically low.

02/07/2025

Economy

IMF chief: European lifestyle is at risk if productivity isn’t boosted

Progress on the single market needs to be a priority for the European Union, Kristalina Georgieva told Euronews.

19/06/2025

Economy

World Bank: Economy set for worst run since 2008 outside of recessions

The group has cut its growth forecasts in nearly 70% of all economies — across all regions and income groups.

10/06/2025

Economy

ECB lowers rates for the eighth time as trade tensions threaten growth

The central bank lowered its benchmark interest rate by a quarter point, in line with analyst estimates.

05/06/2025

Economy

European Commission gives fiscal verdicts for member states

The economic update comes as the EU seeks to boost its competitiveness at a time of uncertainty, faced with Russian aggression and US protectionism.

04/06/2025

Economy

Bulgaria to adopt the euro as ECB and EU Commission give green light

Bulgaria will be the 21st nation to join the eurozone, with adoption planned at the start of 2026.

04/06/2025

Business

Bulgaria close to adopting the euro: What stands in the way?

Bulgaria's government is pressing ahead with its plan to join the euro currency union, aiming to deepen European integration.

03/06/2025

Economy

Germany sees a jump in unemployment as manufacturing weakness drags on

The number of unemployed people in Germany is nearing the 3 million threshold for the first time in a decade.

28/05/2025

Economy

OECD growth slows abruptly to 0.1% in the first three months of 2025

The overall GDP growth of the 38 countries of the OECD, providing more than 40% of the global economy, slowed down substantially in the first quarter of 2025.

22/05/2025

Economy

EU budget needs 'a comprehensive overhaul' to handle shocks, says IMF

EU spending rules have not kept pace with challenges facing the bloc, warned the IMF’s Europe director.

20/05/2025

Europe News

How will the pontificate of Pope Leo XIV influence the world economy?

The first US pontiff in the Catholic Church's history has spoken about his namesake Pope Leo XIII's social policies, economics, and theological doctrines, which opened the Church to modernity in the late 19th century.

18/05/2025

Economy

Eurozone grows 0.3% at the start of the year, industrial output soars

Eurozone GDP grew 0.3% in the first quarter of 2025, with strong gains in Ireland and Spain. Employment rose 0.3%, beating forecasts. March industrial output surged 2.6%, the fastest in five years.

15/05/2025

Economy

Bank of England cuts main interest rate as US tariffs threaten growth

The 25 basis point cut to 4.25% was widely expected by economists.

08/05/2025