european-economies
FinanceEuropean Shares Flat as Rising Industrial Shares Offset Healthcare Losses
FinanceEuropean Shares Start Off Data-Heavy Week on Solid Footing
TradingStoxx 600 Inches Lower at Start of Christmas Week; Novo Nordisk Surges
Top StoriesEurope’s Energy Taxes Are Worsening Industry Woes, Power CEO Says
French PM Hopes to Have Budget Ready by mid-February
Date: December 20, 2024
PARIS (Reuters) – France’s new prime minister, Francois Bayrou, said on Thursday he hoped to have a budget ready by mid-February, as he battles to avoid the fate of his predecessor Michel Barnier, whose government collapsed amid opposition to his budget measures. “I hope to have a budget by mid-February,” Bayrou said on France 2...
European Car Sales Fall in November, Led by France and Italy, Acea Says
Date: December 19, 2024
By Andrey Sychev and Alessandro Parodi (Reuters) – New car sales growth in Europe turned negative again in November, after showing a meagre growth in October, weighed by sharp declines in France and Italy, and a stagnation in Germany, industry data showed on Thursday. The slowdown in electric vehicle (EV) sales was only partly offset...
Laggard European Markets May Be 2025’s Top Recovery Trade
Date: December 16, 2024
By Naomi Rovnick LONDON (Reuters) – The year ahead is shaping up badly for Europe with its financial markets already hit hard by U.S. tariff fears and political turmoil in France and Germany, yet some investors are calling peak pessimism and hunting for bargains amid the gloom. European stocks are set to underperform the U.S....
Analysis-Gas Price Shock Set to Add to Europe’s Industrial Pain
Date: December 13, 2024
By Forrest Crellin, Nora Buli and Nina Chestney PARIS/OSLO/LONDON (Reuters) – Europe’s struggling industries are bracing for a new gas price shock over the coming winter months, as colder weather depletes stocks, competition with Asia for liquefied natural gas intensifies, and the prospect of reduced Russian supplies looms. Since the energy crisis of 2022, when...
Euro Zone Productivity Growth Remains Weak in Q3, Data Shows
Date: December 6, 2024
FRANKFURT (Reuters) – Euro zone productivity growth remained weak in the third quarter despite a modest expansion in the bloc’s economy, continuing a poor run that has lasted years, data from Eurostat showed on Friday. Per capita productivity was unchanged compared to the same quarter a year earlier while it expanded by 0.5% based on...
Analysis-Gas Price Shock Set to Add to Europe’s Industrial Pain
Date: December 6, 2024
By Forrest Crellin, Nora Buli and Nina Chestney PARIS/OSLO/LONDON (Reuters) – Europe’s struggling industries are bracing for a new gas price shock over the coming winter months, as colder weather depletes stocks, competition with Asia for liquefied natural gas intensifies, and the prospect of reduced Russian supplies looms. Since the energy crisis of 2022, when...