Germany's DAX index climbed nearly 3 percent on Wednesday, joining a broad global rally driven by hopes that the Middle East conflict could be nearing its end after President Donald Trump said he expected American forces to leave Iran within two to three weeks. The DAX closed up 2.73 percent at......
A new analysis has found that solar generation across Europe saved the continent more than €3 billion in fossil fuel import costs during March, as the war in Iran drove sharp increases in oil and gas prices and revived fears of an energy crisis across the bloc. The findings underscore how rapidly......
Gazprom chief executive Alexey Miller described natural gas reserves in European Union storage facilities as dangerously low on Monday, warning that stocks may not even reach 70% of capacity before the next winter withdrawal season begins. Citing Gas Infrastructure Europe data as of March 28, Gazprom......
South Korean exports reached a record $86.13 billion in March as eurozone manufacturing activity hit a 45-month high, with companies worldwide rushing to build up material stockpiles in response to supply chain disruptions caused by the conflict in the Middle East. South Korea's Ministry of Trade,......
French President Emmanuel Macron called on Europe Tuesday to develop its own payment infrastructure, warning that ceding control of financial transactions to American companies would compromise the continent's sovereignty. The remarks, delivered by video message at the Carte Bancaire summit in Paris,......
Germany’s leading economic institutes have revised down their growth projections for 2026 and 2027 while increasing their inflation forecasts, reflecting mounting economic pressures linked to rising energy costs. According to the updated outlook, economic growth in Europe’s largest economy......
Germany’s unemployment figures remained stable in March, reflecting a labor market that shows resilience despite ongoing economic challenges. Official data indicate that the number of unemployed people held steady at around 2.98 million, with the jobless rate unchanged at 6.3%. Although spring......
Finance and energy ministers from the Group of Seven met virtually on Monday alongside central bank governors as Europe faced mounting economic pressure from the energy shock linked to the conflict involving Iran. New data showed German inflation rising to its highest level in over a year, underscoring......
European government bond markets are facing one of their most severe sell-offs in nearly a decade, driven by surging energy prices linked to the conflict involving Iran. Investors are increasingly pricing in higher interest rates, widening fiscal deficits, and renewed stagflation risks across the region. Yields......
One month into the U.S.-Israeli war against Iran, the economic shockwaves of the conflict are spreading well beyond the Middle East, pressing households and industries across three continents. Iran's effective blockade of the Strait of Hormuz, through which roughly one fifth of global oil and liquefied......
The European Investment Fund has unveiled a 15 billion euro fund of funds, the largest of its kind in Europe, as part of a sweeping initiative to address the continent's persistent shortage of late-stage venture capital. The vehicle, named ETCI 2, will back around 100 growth-stage funds and aims......
The war in Iran has upended energy markets and exposed vulnerabilities in fossil fuel supply chains. Consumers and governments now show sharp interest in clean energy technologies, from electric vehicles and rooftop solar panels to heat pumps and induction stoves. Fighting has nearly halted oil exports......
Europeans rush toward used electric vehicles as Iran war-driven gasoline price spikes bite. Online car sales platforms report sharp demand increases continent-wide. Consumers seek cheaper, immediate EV alternatives amid fuel cost surges. The conflict began February 28 with US and Israeli strikes on......
