Today’s figure is still double the European Central Bank’s target, however. ADVERTISEMENT The Eurozone’s annual inflation rate fell to 4.3% year-on-year in September, Eurostat announced on Friday. This figure is the … Read More
New data on the profits of the world’s largest businesses has renewed calls for permanent windfall taxes across all sectors of the economy. A study published on Thursday by Oxfam … Read More
The Commission’s proposals would allow people to store up to €3,000 digital euros in secure wallets and use them for both offline and online payments. With more and more people … Read More
GDP in the EU is now forecast to reach 1.0% in 2023 and 1.7% in 2024, up from a previous forecast of 0.8% and 1.6%. The European economy continues to … Read More
Core inflation in the euro area increased in February, a Eurostat flash estimate released on Thursday shows. According to the EU’s statistics agency, core inflation — which excludes energy and food … Read More
Inflation in the euro zone receded for the third month in a row in January, according to preliminary data from Eurostat released on Wednesday. Inflation in the twenty countries using … Read More
Poland’s prime minister argued strongly on Tuesday against the country’s adoption of the European Union’s common euro currency in the foreseeable future, claiming that its recent adoption in Croatia caused … Read More
The euro area’s economy is now expected to grow by just 0.5% in 2023 as factors including the war in Ukraine, record inflation and the continued impact of the COVID-19 pandemic … Read More
Greece has promised to return to a budget surplus in 2023, submitting its first spending blueprint in 12 years that is not under the direct scrutiny of European bailout lenders. … Read More
Bread prices have risen sharply across Europe over the past year, new data reveals, with the increase particularly steep since Russia’s invasion of Ukraine. They were on average 18% higher … Read More
