Economy News

Economy

EU Strengthens Energy Security with Two-Year Extension of Gas Storage Regulations

The European Commission has approved a two-year extension of gas storage regulations to enhance energy security and protect against market volatility, introducing flexibility for m...

Economy

EU Forecasts U.S. GDP to Decline by 0.8% to 1.4% by 2027 Due to Trade Tariffs

The EU projects a 0.8% to 1.4% drop in U.S. GDP by 2027 due to trade tariffs, with potential worse outcomes if the trade war escalates. The Eurozone and global economy could also s...

Economy

ECB's Christine Lagarde Vows to Utilize All Tools Amid U.S. Tariffs for Market Stability

ECB President Christine Lagarde commits to using all necessary tools to ensure stability amidst U.S. tariffs, noting market volatility but confirming orderly operations. Exchange r...

Economy

EU Forecasts: US GDP to Decline 0.8% to 1.4% by 2027 Due to Trade Tariffs, Global Economy at Risk

The EU forecasts a 0.8% to 1.4% drop in US GDP by 2027 due to trade tariffs, with potential worse outcomes if the trade war escalates, affecting global economy.

Economy

ECB's Lagarde Signals Readiness to Deploy Tools Amid U.S. Tariff Tensions and Market Volatility

ECB President Christine Lagarde announces the bank's readiness to use available tools to maintain stability amidst U.S. tariffs and market volatility, while closely watching exchan...

Economy

Germany's Inflation Holds Steady at 2.2% in March, Fueled by Rising Food Prices

Germany's inflation rate was confirmed at 2.2% in March, driven by rising food prices and a drop in energy costs. The core inflation rate, excluding food and energy, increased by 2...

Economy

UK Industrial Production Sees a Significant 1.5% Rise in February, Led by Manufacturing Surge

The UK's industrial production increased by 1.5% in February, driven by significant growth in manufacturing and electricity and gas sectors, despite a drop in mining and quarrying....

Economy

UK Economy Shows Signs of Growth: Chancellor Reeves Calls for Faster Action Amid Encouraging GDP Data

UK Chancellor Rachel Reeves views the 0.5% GDP growth in February as encouraging but insists on faster action to strengthen the economy and support working people. Sectors like pro...