Economy
European stock markets showed limited movement on Monday as investors closely monitored ongoing tensions between the United States and Iran, which continue to affect global energy markets and financial sentiment. The pan-European STOXX 600 index remained broadly stable, while major regional markets......
Wage growth in the eurozone remains broadly stable, according to the latest data from the European Central Bank (ECB), which showed little change in negotiated salary trends since the start of the conflict involving Iran. The ECB wage tracker indicated that negotiated wage growth is expected to remain......
A senior European Central Bank (ECB) policymaker has warned that concerns about a possible recession in the eurozone are “real and justified,” citing growing geopolitical tensions and economic uncertainty linked to the conflict in the Middle East. Yannis Stournaras, Governor of the Bank......
A major step in Europe’s energy transition has been taken in Finland, where the continent’s first lithium mine dedicated to battery production has officially begun operations. The project is seen as a strategic move to reduce dependence on imported raw materials used in electric mobility......
A new survey from the European Central Bank (ECB) suggests that rising energy prices linked to geopolitical tensions are not yet translating into broader inflation pressures in the euro area economy. According to the European Central Bank, firms across the eurozone expect inflation to increase in the......
Emerging and developing economies across Europe and Central Asia are expected to experience slower growth this year, according to a new assessment by the World Bank. The report highlights the impact of rising energy prices, driven in part by geopolitical tensions in the Middle East, which have disrupted......
The world is facing an unprecedented energy crisis as disruptions to oil and gas supplies continue to intensify, raising concerns about global economic stability and inflation. According to the head of the International Energy Agency (IEA), the current situation represents one of the most severe energy......
European Central Bank (ECB) policymaker Yannis Stournaras stated on Monday that the euro zone’s monetary policy will largely depend on the magnitude and duration of energy supply disruptions caused by the conflict in Iran. Speaking at the annual shareholders meeting of the Bank of Greece in Athens,......
Manufacturing activity in the euro zone expanded in March at its fastest pace in nearly four years, according to the latest Purchasing Managers’ Index (PMI). However, analysts caution that this apparent rebound is partly driven by supply chain disruptions rather than strong underlying demand. The......
Morocco continues to maintain its position in the European apparel market despite a challenging economic environment. Faced with slowing consumer demand and intensifying competition from Asian producers, the country’s textile sector has demonstrated resilience while undergoing structural changes. Moroccan......
The European Union's Trade Commissioner, Maros Sefcovic, held a “very positive” meeting with U.S. Trade Representative Jamieson Greer on the sidelines of the World Trade Organization (WTO) ministerial in Cameroon on Saturday. The discussions focused on advancing cooperation on critical......
The European Central Bank (ECB) may consider raising interest rates as early as April if inflationary pressures intensify, according to Joachim Nagel, head of the Deutsche Bundesbank. Speaking about the economic outlook, Nagel said that a rate increase at the next ECB meeting remains “an option,”......
The European Central Bank has cautioned that global financial markets may be underestimating the impact of rising geopolitical tensions, warning that this miscalculation could trigger sudden market corrections. Speaking in Frankfurt, Claudia Buch highlighted concerns that current market indicators do......
