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EUROPE ECONOMY NEWS
Germany's GDP shrinks by 0.3% in first quarter to put Europe's biggest economy into recession
May 25, 2023 1:45 pm
New figures show the German economy suffered an unexpected dip in the first quarter of this year, putting the country formally into recession.
Asia likely to grow 5% faster than developed economies by year-end: Morgan Stanley
April 12, 2023 3:26 pm
The recent banking stress in the US and Europe strengthens the case for Asia's outperformance, MS Asia economists, led by Chetan Ahya, said.
Here's how Europe plans to fix the climate and the economy
May 28, 2020 4:29 pm
The package, the world’s greenest stimulus plan to mitigate the economic effects of the coronavirus crisis, needs to be approved by the bloc’s 27 member states in difficult negotiations that may take months.
European economy suffers record drop amid coronavirus pandemic
April 30, 2020 3:38 pm
The drop in the 19-country eurozone was the biggest since statistics began in 1995 and sharper than the plunge in the midst of the global financial crisis in the first quarter of 2009.
China, Europe show restarting virus-hit economies not easy
April 16, 2020 4:51 pm
While workers are wary of stepping outside their homes, shoppers are staying away from stores and the streets remain deserted.
Police barricade European Central Bank ahead of protests
March 18, 2015 10:58 am
ECB headquarters barricaded for potentially violent demonstrations against government austerity and capitalism.
European Central Bank getting closer to Fed-style stimulus measures
June 08, 2014 2:52 am
To begin with, the ECB faces technical and practical challenges that other major central banks don’t have.
Country cousins at its door,EU fears the knocks
December 17, 2013 3:30 am
Romania,Bulgaria are set to gain full access to the job market,welfare systems of Europe next year.
Fork in road as US outstrips Europe
October 22, 2012 12:08 pm
Slowly but surely,the global economy is witnessing a modest parting of the ways.
Global economic growth decelerating: IMF
October 13, 2012 11:54 am
"IMF said it was critical for all advanced economies to step up the pace of policy reforms"
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