TAG: Economic performance
Ukraine hopes to avoid economic doomsday of not getting Western financial aid
KYIV — Ukrainians can’t bear to think what will happen if they don’t get the aid that EU leaders hav...
8 months ago
Macron’s EU capital markets dream lies in tatters
BRUSSELS ― French President Emmanuel Macron's finance minister says he's "fed up with discussions" and "empty statements."On Friday, as leaders of every eurozone country gather in Brussels for a summit about nothing very much at all, that's exactly what h...
6 months ago
EU cuts forecasts for eurozone growth ― for the third time
BRUSSELS ― The European Commission today slashed its forecasts for economic growth and played down hopes of an immediate recovery despite the EU narrowly avoiding a recession.It is the third time the Commission has revised its growth estimates down since...
6 months ago
‘Russia must not prevail,’ EU tells the world
The EU will ramp up its rhetoric against Moscow when finance ministers travel to Washington for international meetings next week, according to draft statements seen by POLITICO.“Russia must not prevail” in Ukraine, a nine-page document prepared for the th...
6 months ago
Industrial revival stalled in June in Germany and France, survey shows
Industrial activity in the eurozone slumped to a six-month low in June, casting doubt over the strength of the region's economic recovery. The purchasing managers index (PMI) combined by S&P Global, a closely-watched real-time indicator of activity pr...
2 months ago
Sharp slowdown in wage growth boosts ECB rate cut hopes
A marked slowdown in wage growth might just be the signal the European Central Bank needs to go ahead with an interest rate cut, despite a flattering short-term boost to the economy from the Olympic Games.Wage rises under negotiated settlements, made coll...
1 month ago
You cannot be serious! Europe’s next migration chief was a tennis hotshot
BRUSSELS — Magnus Brunner, selected as the next European commissioner for migration, is so good at tennis he once beat a future U.S. Open champion.“He was a tough opponent, and he always made life difficult for me on the court,” Julian Knowle, who won the...
3 weeks ago
7 ways the US is beating Europe
BRUSSELS ― The United States and the European Union have faced similar challenges over the past couple of decades, with the financial crash and the Covid pandemic wreaking economic havoc, taking years to recover from.But of the two, it's America that has...
1 week ago