IMF Projects Uneven Global Economic Growth in 2026 as India and China Maintain Strong Momentum
The International Monetary Fund (IMF) has published its latest economic outlook, projecting different growth trajectories for major economies in 2026....
European Economy
OECD Energy Inflation Climbs to 13.6% in August 2026 as Prices Rise Across Member Countries
Energy price inflation accelerated across the Organisation for Economic Co-operation and Development (OECD) in August 2026, reaching 13.6% compared with...
The Asian Century: Why Europe Must Embrace Cooperation with India, China and the Wider Asian Region
The changing global balance of power is creating new opportunities and challenges for Europe as Asian economies expand their influence...
Europe Selects 46 New Strategic Projects to Strengthen Critical Raw Materials Supply Chains
The European Union has selected 46 additional Strategic Projects under its critical raw materials initiative, aiming to strengthen supply chains,...
OECD Food Inflation Falls to 2.8% in August 2026, Reaching Lowest Level Since July 2021
Food price inflation across OECD countries declined to 2.8% in August 2026, offering a sign of easing price pressures on...
Euro Falls to Multi-Month Low as Investors Focus on European Fiscal Risks
Frankfurt: The euro has come under renewed pressure in international currency markets, weakening to its lowest level since May 2025...
European Bond Markets Face Pressure as France-Germany Yield Gap Widens
Brussels: European bond markets are facing renewed pressure as investors demand higher returns for holding government debt, with the gap...
Eurozone Business Activity Hits More Than Three-Year High as New Orders Surge
Business activity across the eurozone accelerated sharply in September, with preliminary economic data showing the private sector expanding at its...
French Markets Face Pressure as Debt Concerns and Political Uncertainty Persist
PARIS: France’s financial markets are facing renewed pressure as investors assess the country’s elevated public debt, political uncertainty and the...
German Consumer Confidence Weakens as Energy Costs Put Pressure on Households
BERLIN: Consumer confidence in Germany has weakened as rising energy costs add pressure to household finances and create fresh concerns...
European Stocks Face Pressure as Rising Oil Prices and Bond Yields Weigh on Markets
European financial markets came under pressure as renewed strength in crude oil prices pushed government bond yields higher and increased...
Global Diesel Shortage Could Persist Into 2027 as Inventories Fall
The global diesel market is facing a prolonged supply squeeze, with industry data and storage trends indicating that tight conditions...
China’s Industrial Rise Puts Growing Pressure on German Manufacturers
China’s rapid transformation into a producer of increasingly sophisticated industrial and technology-intensive goods is creating a new competitive challenge for...
ASEAN and EU Deepen Economic Cooperation as Digital Trade and Supply Chains Take Center Stage
ASEAN and the European Union are moving to deepen their economic partnership, with senior officials focusing on digital trade, green...
European Commission Introduces New Plan to Boost Innovation and Strengthen Europe’s Technology Sector
Brussels: The European Commission has announced a major initiative aimed at accelerating innovation across Europe and helping new technologies move...
ECB Official Urges Caution Over Expectations of More Interest Rate Hikes
Frankfurt: European Central Bank Vice President Boris Vujcic has cautioned financial markets against assuming that rising energy prices will automatically...
Czech Republic Reports Stronger Economic Growth as Cybersecurity Threats Remain a Concern
Prague, September The Czech Republic is continuing to record economic growth while authorities are also increasing attention on cybersecurity and...
Italy Abolishes Road Tax for Millions of Cars and Motorcycles From 2027
Rome, September Italy's government has announced plans to abolish the annual road tax, known as the bollo auto, for millions...
Germany’s Machinery Industry Faces Fourth Consecutive Year of Decline
Berlin, September Germany's machinery and equipment industry is expected to record its fourth consecutive year of declining production in 2026,...
Croatia Approves €260 Million Package to Protect Households and Businesses From Energy Costs
Croatia has approved a new €260 million package of measures designed to protect households and businesses from the effects of...
Czech Prime Minister Calls for Fairer EU Budget and Stronger European Competitiveness
The Czech Republic is calling for a fairer and more balanced European Union budget as Central European leaders seek closer...
Greece Expands Support Measures for Agricultural Businesses Facing Energy Costs
Greece is expanding support measures for agricultural businesses that have been affected by the continuing impact of the international energy...
Germany Welcomes €40 Billion UAE Investment Push to Strengthen Jobs and Innovation
Germany has welcomed an ambitious investment commitment from the United Arab Emirates that could bring around €40 billion into the...
Greece: Government Unveils Plan to Cut Electricity Costs by 30%
Greece is preparing a major programme aimed at reducing electricity costs for households and businesses by as much as 30%...
Türkiye: Central Bank Holds Interest Rate at 37% Amid Persistent Inflation Risks
Türkiye’s central bank has kept its benchmark one-week repo rate unchanged at 37%, maintaining the rate at its current level...
Czech Republic: Prime Minister Babiš Pushes for a Fairer EU Budget
Czech Prime Minister Andrej Babiš has called for the European Union’s next long-term budget to be fairer and better balanced,...
Czech Republic: Central Bank Keeps Key Financial Buffer Unchanged
The Czech National Bank (CNB) has decided to keep the countercyclical capital buffer for Czech banks and credit unions at...
Austria: Government Advances Tax Break for Working Pensioners
Austria is moving ahead with a new tax incentive designed to encourage people to continue working after reaching the statutory...
Ireland: Government Faces Growing Pressure Over Rising Energy Bills
Ireland is facing renewed pressure over household energy costs as major electricity suppliers prepare to increase prices, adding to concerns...
France: Economic Growth Forecast Cut Sharply as Inflation and Unemployment Risks Rise
France’s economic outlook has weakened significantly, with the country’s national statistics office INSEE cutting its forecast for 2026 economic growth...
Italy: Banking Consolidation Accelerates as Major Lenders Battle for Market Influence
Italy’s banking sector is entering a major phase of consolidation, with some of the country’s largest financial institutions pursuing ambitious...
Germany: UAE Announces €40 Billion Investment Package to Support German Industry
Germany is set to receive a major investment boost from the United Arab Emirates after Abu Dhabi announced plans to...
Portugal’s Food Basket Becomes More Expensive Again as Fuel Costs Rise
LISBON — Portugal’s food basket is becoming more expensive again as higher fuel costs add pressure to household budgets, according...
Greece Begins First Copper-Gold Production at Major Skouries Mining Project
ATHENS — Greece has reached a significant milestone in its mining industry after the Skouries project in northern Greece produced...
Italy’s Mario Draghi Continues to Influence Europe’s Economic Strategy
ROME — Former European Central Bank President and former Italian Prime Minister Mario Draghi continues to play an influential role...
Switzerland Announces New Measures to Strengthen Protection of Critical Infrastructure
BERN — Switzerland is strengthening the protection of critical infrastructure as the government works to improve the country’s resilience against...
Slovakia Unveils New Measures to Strengthen National Energy Security
BRATISLAVA — Slovakia has announced a new set of measures aimed at strengthening national energy security and protecting households and...
Croatia Launches New Measures to Strengthen Support for Families and Children
ZAGREB — Croatia has announced a new package of measures aimed at improving support for families and children, with the...
Austria Expands Skilled Worker Recruitment to Address Labour Shortages
VIENNA — Austria has announced additional measures aimed at attracting skilled workers from abroad as businesses continue to face labour...
Czech Republic Raises Minimum Wage Framework for 2027 and 2028
PRAGUE — The Czech government has approved a new mechanism for determining the minimum wage for 2027 and 2028, setting...
