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Europe’s economy faces the hard reality of climate change this summerThe intense heatwaves sweeping across Europe this summer are leaving deep economic scars. With soaring temperatures and severe drought hamp...- Factories faced weaker demand, higher costs in July as Iran war grinds onIn July, China's manufacturing activity experienced a decline attributed to dwindling demand alongside escalating costs. Meanwhile, the Eur...
- Europe heatwave: The thermometer is flashing red for the continent's economyEurope's heatwave is becoming a growing economic threat as extreme temperatures disrupt transport, reduce labour productivity, damage agric...
- ECB to hike rates as Mideast war pushes up inflationThe European Central Bank is poised to raise interest rates for the first time in two and a half years, driven by escalating inflation fuel...
- China overtakes US as Germany's top trading partnerChina has regained its position as Germany's top trading partner. This shift occurred as U.S. tariffs reduced German exports to America. Si...
- ECB holds rates with US tariffs decision on horizonThe European Central Bank held interest rates steady Thursday as policymakers waited to see whether the eurozone would be hit by higher US ...
- German GDP downgraded in new blow for struggling economyGermany's third-quarter growth was revised down to a weaker-than-expected 0.1%, narrowly avoiding a recession. The country faces challenges...
- With inflation down, ECB eyes faster tempo of rate cutsThe European Central Bank is expected to lower interest rates again this week as anxiety about inflation in the eurozone fades and concerns...
- Germany's economy shrank, and it's facing a spending crisis that's spreading more gloomGermany's economy has seen a 0.1% shrink in the July-to-September quarter due to inflation, according to the country's statistics office. T...
- ECB holds interest rates for first time in over a yearThe European Central Bank ended a string of rate hikes that had begun in July of last year by leaving interest rates unchanged. Despite the...
- German exports rise unexpectedly in April on China reopeningIn April, German exports rose unexpectedly, mainly on account of deliveries made to China following its post-pandemic reopening.
- Germany enters recession after GDP falls for second successive quarterGermany experienced its second contraction in as many months, leading to a recession, with a 0.3% drop in gross domestic product for the la...
- Germany in recession as inflation, higher rates biteInflation, which reached 7.2% in Germany in April, has been fuelled by the increased cost of energy. Consumer prices have come down only sl...
- Eurozone inflation sees surprise rise after 5-month fallConsumer prices edged up from 6.9 percent in March, which could further encourage the European Central Bank (ECB) to raise interest rates o...
- Recession clouds gather in Germany, Europe's largest economyThe index compiled by the Munich-based Ifo institute dropped to 84.3 in September from 88.5 in August, to its lowest level since the global...
- Germany's economic model shaken by energy crisisLess expensive to produce and transport, with prices pinned down in long-term contracts, Russian gas has for decades contributed to Germany...
- Bottlenecks, virus curbs reverse German economy in Q4Last year the economy grew by 2.8 percent, according to revised figures published Friday, decidedly slower than neighbours like France, whi...
- German economy shrinks by record 10.1% in second quarter due to coronavirus lockdownsGermany appears to have withstood the coronavirus shock better than many of its neighbours so far and began reopening factories, shops and ...
- ECB forced into 'U' turn on Greek borrowing: analystsThe European Central Bank made a sharp "U" turn on Monday in accepting junk-rated Greek bonds in exchange for loans, but made the best of a...
- With many eurozone countries struggling, ECB will move cautiouslyThe European Central Bank has already begun to undo exceptional measures taken amid the global financial crisis but will go more slowly tha...
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