Economy
World food prices fall again in June – UN food agency
The United Nations food agency's world price index fell in June to its lowest level in more than two years, pushed down…
Reform of EU fiscal rules expected by end of year
European Union members are expected to reach a compromise on a proposed reform of EU fiscal rules by the end of the…
The EU’s complex landscape: Balancing inflation, growth, and stability
Keith Zahra, Communications Manager, Corporate and EU Affairs at Corporate Identities Towards the end of last year, English publisher Collins designated ‘perma-crisis’…
ECB to raise rates further even as economy stutters
The European Central Bank is all but certain to raise borrowing costs to their highest level in 22 years on Thursday and…
ECB’s Lagarde sees no peak in core inflation despite ‘moderation’
European Central Bank President Christine Lagarde on Monday acknowledged "signs of moderation" in core inflation in the euro zone but reaffirmed it…
Pension reform defiance brings new blood to French trade unions
By Leigh Thomas PARIS (Reuters) - France's unions may have failed to derail President Emmanuel Macron's push to raise the retirement age,…
How much water does tourism in the Balearic Islands use?
One of the most frequent comments among the population residing in the Spanish Balearic Archipelago – a renowned tourist destination for Europeans…
Update – Oil prices rise as tight supplies compete with economic concerns
LONDON, May 15 (Reuters) - Oil prices edged up on Monday as the prospect of tightening supplies due to OPEC+ production cuts…
High inflation still top concern for global economy, say economists
Persistently high inflation remains the biggest economic concern this year even as most central banks are at or near the end-game for…
Six major central banks increased interest rates in March
The pace of interest rate hikes by major developed and emerging market central banks continued at a healthy clip in March though…
EU executive to propose countries set own fiscal targets for 2024
The European Commission is likely to propose on Wednesday that EU governments set their own deficit-cutting goals when they prepare draft budgets…
ECB survey sees moderating inflation, rising wage expectations
Inflation expectations among euro zone consumers dropped in January but expectations for wage growth continued to rise, adding to fears wage growth…