France slipped back into contraction in October and dragged the euro zone composite PMI to 51.9, a four-month low, as energy costs rose and French bond yields topped 5% for the first time since 2002.
And Eurostat said on Tuesday, after collecting revised data, that the European Union, which includes 27 countries as a whole, recorded growth of 0.2%, not 0.3%, in the first three month of
Despite the rally, trading remained cautious as data showed the UK unemployment rate unexpectedly rose to 3.9% in March while inflation-fueled wage growth held steady. strong. On Monday, the European Commission raised
The unemployment rate for March in the region was below expectations from Reuters, which said the jobless rate was unchanged from February at 6.6%. The number of unemployed fell to 11.01 million
The effect of Western sanctions against Vladimir Putin is weak. Although the European Union stands out with its toughest measures so far against Russia’s war machine – including a partial ban on
The European Commission in 2020 expects the eurozone GDP to fall by a record 7.7%, according to a spring forecast presented in Brussels on Wednesday, May 6, Deutsche Welle reports. “Europe is
Merkel, Macron and Co. are trying on Thursday to agree on an economic stimulus package for the European economy, which has been hit by the coronavirus pandemic. In addition, the EU heads
Italy’s anger at the European Union remains high, as a poll released this week shows that four in ten Italians would like their country to abandon both the euro currency and the
Ahead of the EU’s Corona Crisis Summit next week, French President Emmanuel Macron is demanding more European solidarity from Germany. Otherwise, the economic consequences of the pandemic threaten to put populists in
Central banks around the world are ready to release fresh money to boost the markets in times of pandemic worries. “The G7 central banks are determined to assume their responsibility for growth and
The murder of journalist Jan Kuciak two years ago changed Slovakia. And now the political maps have been redistributed. Initial forecasts indicate that the opposition will face a landslide victory. The protest party OLANO
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