The European Central Bank is cutting its key interest rate, a step to boost an economy that’s struggling to grow as consumers burned by inflation warily eye price tags and businesses try to chart a course amid political turmoil in leading economies France and Germany.

Gross domestic product in the 20 nations sharing the euro was unchanged compared with the previous quarter, falling short of expectations for a 0.1% expansion in a Reuters poll.

The eurozone economy failed to grow in the fourth quarter of 2024, marking a sharp slowdown from the previous quarter and missing expectations for modest expansion. Flash figures released by Eurostat on Thursday showed that gross domestic product (GDP) was unchanged from the previous quarter,

Germany’s public debt currently stands at 62%, according to Eurostat data, thus twenty points below the EU average and much lower than in other G7 economies – all of which have a government debt level of above 100% of GDP.

Economists polled by Reuters had expected growth of 0.1% over the period, following a larger-than-expected 0.4% expansion in the third quarter.

Large enterprises are adopting Artificial Intelligence more than small and medium-sized ones, with significant differences in the way each of them uses the technology. #EuropeInMotion

Minimum wages rose faster than inflation in most EU member states and candidate countries, leading to real wage growth across the region. Euronews Business examines these changes.

January 31st 2025 marks five years since Britain officially left the European Union. Whilst many issues have been resolved for Britons living throughout Europe there are still hurdles and headaches ahead,

EUR/CAD receives downward pressure amid rising odds of further interest rate cuts by the European Central Bank.

The eurozone surprisingly stagnated in the fourth quarter of last year, the latest data showed. Europe’s economic woes show no sign of abating. Quarterly GDP growth in the single currency area fell sharply from 0.

The eurozone's poor performance was largely due to economic downturns in Germany and France, the bloc's two largest economies, which contracted by 0.2% and 0.1%, respectively.