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Eurozone

July 2024

  • The Reichstag in Berlin, Germany.

    Business live
    Germany on brink of recession; eurozone beats forecasts with 0.3% growth; US job openings fall – as it happened

    Rolling coverage of the latest economic and financial news, including growth figures from across the eurozone
  • Royal Caribbean’s Utopia of the Seas

    France’s GDP gets €1bn lift from giant cruise ship as German economy shrinks

    Analyst says eurozone could have turned a corner as it avoids recession with 0.3% growth
  • a young male and female purchase food from a vegetable stall in a food market

    Eurozone inflation eases but ECB likely to keep interest rates on hold

    Consumer prices slip to 2.5% but core rate stays high, prompting little belief in further cuts in borrowing costs

June 2024

  • The ECB president, Christine Lagarde, speaks during a press conference in Frankfurt, Germany, in April.

    European Central Bank cuts main interest rate by 0.25 points

  • Frankfurt skyline

    European Central Bank expected to cut interest rates for first time in five years

April 2024

  • The Paris skyline with Eiffel Tower and Pont des Arts bridge

    Business live
    Eurozone escapes recession; UK mortgage approvals hit 18-month high – as it happened

    Fastest growth in 18 months as GDP expands by better-than-expected 0.3% in Q1 2024, after two quarters of contraction
  • Paris at sunset

    Eurozone exits recession as ‘big four’ economies beat forecasts

    France, Spain, Germany and Italy helped by lower inflation and prospect of interest rate cuts
  • International Monetary Fund (IMF) Managing Director Kristalina Georgieva speaks during a press briefing on “Global Policy Agenda” at the IMF headquarters on April 18, 2024 in Washington, DC

    Russia’s war in Ukraine remains barrier to growth, says IMF chief

    Kristalina Georgieva says Kyiv will need $42bn of financial support this year as G7 considers ways to use seized Russian assets

February 2024

  • Exterior of a secondhand furniture shop on the Gloucester Road, Bristol.

    Business live
    UK inflation steady in January; Uber to buy back $7bn in shares after first profit – as it happened

    Live coverage of business, economics and financial markets as the UK consumer price index sticks at 4% below economists’ 4.2% forecast

January 2024

  • The Quadriga of the Brandenburg Gate during sunset in Berlin.

    Business live
    IMF warns Hunt against tax cuts; eurozone avoids recession – as it happened

    Rolling coverage of the latest economic and financial news, as the eurozone stagnates in the final quarter of 2023
  • A euro sign in Frankfurt, Germany

    Eurozone narrowly avoids recession as German economy shrinks

    Single currency zone’s stagnating GDP figure will add to pressure for ECB interest rate cut
    • Hope fades for cut in interest rates for industrialised nations

    • Business live
      Eurozone unemployment hits joint record low; UK election could prompt bond turmoil – as it happened

    • Eurozone inflation rises to 2.9% after increase in energy costs

November 2023

  • Alistair Darling, former Labour chancellor, seen at his home in Edinburgh

    Business live
    Starmer, Brown, Sunak and Hunt lead tributes to former chancellor Alistair Darling – as it happened

    Alistair Darling was ‘one of the great chancellors’, says Jeremy Hunt, while Gordon Brown remembers ‘a statesman of unimpeachable integrity’
  • A cheese and meat stall in Stuttgart, Germany. On Wednesday, the OECD said Europe’s largest economy was on track to shrink by 0.1% this year.

    Eurozone inflation falls to within striking distance of 2% target

    November’s figures fuel speculation about timing ECB interest rate cut as concerns grow about national finances
    • EU hatches backup plan to lessen impact of 10% Brexit tariff on EVs

    • Eurozone banks starting to show ‘stress’ as loan defaults rise, ECB warns

    • Europe live
      Concerns over Europe economy as poll finds almost 23% of Spaniards have anxiety over cost of living – as it happened

October 2023

  • The centre of Paris, France, where growth has slowed from 0.6% to just 0.1%

    Business live
    Eurozone on brink of recession as economy shrinks by 0.1%; Odey Asset Management winding down – as it happened

    Eurozone growth has weakened, as price pressures drop, as high interest rates and weak demand hit Europe’s economy
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