TAG: Growth
Stagnant eurozone just avoids recession
The eurozone economy stagnated again in the final quarter of last year, extending a miserable sequen...
8 months ago
Christine Lagarde makes a poor central banker, ECB staff say
FRANKFURT — On the global stage, European Central Bank President Christine Lagarde still exudes the...
8 months ago
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
Eurozone inflation dips in January as investors eye early rate cut
FRANKFURT — Eurozone inflation eased as expected in January, fueling hopes for an early European Cen...
8 months ago
German economy contracted in 2023
FRANKFURT — The German economy likely contracted in the final quarter of last year, the German stati...
8 months ago
The cold fish deal: How EU spending talks went to Brazil and back ― just in time for Christmas
BRUSSELS / PARIS ― When the VIP vending machine broke down in the early hours of the morning near th...
8 months ago
As Germany sneezes, Europe is catching a cold
Germany’s budget mess is threatening to make an already difficult situation worse for the rest of th...
8 months ago
ECB leaves rates unchanged, winds down crisis program early
FRANKFURT — The European Central Bank left its key discount rate unchanged at a record high of 4 per...
8 months ago
EU heavyweights urge ‘ambitious’ 2040 climate targets — breaking silence
Several of Europe's most powerful countries implored Brussels to set "an ambitious climate target fo...
8 months ago
With Theresa May’s exit, UK Conservatives face green leadership vacuum
LONDON — Former Prime Minister Theresa May's announcement that she'll leave Westminster at the election creates a vacancy for a climate leader at the top of the Conservative Party. Nobody is in a rush to apply.The Tories have had a rocky relationship with...
6 months ago
UK Budget 2024: All the highlights
LONDON — Jeremy Hunt rolled the pre-election dice Wednesday.The U.K. chancellor delivered a budget full of measures aimed at boosting Britain's sluggish growth and reversing his party's electoral fortunes. In doing so, he parked a fair few tanks on the op...
6 months ago
UK considers probe of Chinese EV subsidies
LONDON — Britain is considering whether to investigate Chinese state subsidies for electric vehicle (EV) makers, two people familiar with the nascent plans told POLITICO.A U.K. investigation would follow the launch of a similar probe by the EU last Octobe...
6 months ago
EU floats radical change to how it funds poorer members
BRUSSELS ― Countries may soon have to meet targets in return for their share of a large part of the EU budget under far-reaching plans drawn up by the European Commission.Until now, the bulk of so-called cohesion funding, which was worth €392 billion over...
6 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