european-economies
FinanceAnalysis-German Government Collapse Could Have Silver Lining for Europe’s Markets
InvestingEuropean Shares Under Pressure on China Worries, Downbeat Earnings
BankingEurope’s Banks Brace for Tougher Competition Under Trump 2.0
InvestingHedge Funds Stung by European Stock Markets in October, Goldman Sachs Says
EU Must Spend 39 Billion Euros a Year for Net Zero Transport Targets, Campaign Group Says
Date: November 4, 2024
By Alessandro Parodi (Reuters) – Europe needs to spend 39 billion euros ($42.46 billion) a year to reach its net zero targets in the transport sector by 2050, campaign group Transport & Environment (T&E) said on Monday, issuing five key recommendations for the European Union. The EU is seeking a more coordinated industrial policy involving...
German Economy Unexpectedly Grows, Dodging Recession; Inflation Up
Date: October 31, 2024
By Maria Martinez BERLIN (Reuters) -Germany’s gross domestic product unexpectedly increased in the third quarter, skirting a recession, but inflation rose more than expected in October, interrupting the downward trend in Europe’s troubled largest economy. “This is still far from what we need, but at least it is a ray of hope,” Economy Minister Robert...
Euro Zone Grows Quicker Than Expected but Outlook Remains Weak
Date: October 30, 2024
By Balazs Koranyi FRANKFURT (Reuters) -The euro zone economy grew faster than expected last quarter but threats of oversized tariffs from a potential Trump presidency, escalating trade tensions with China and muted consumer confidence are keeping the outlook weak. Gross domestic product in the 20 countries sharing the euro grew by 0.4% in the third...
Spain’s Economy Beats Forecasts With 0.8% Quarterly Growth
Date: October 30, 2024
MADRID (Reuters) -The Spanish economy grew at a faster-than-expected rate in the third quarter to again outpace its European peers thanks to a strong tourism season and exports, preliminary data showed on Wednesday. Spain’s gross domestic product grew 0.8% in the third quarter from the previous three months, the same pace of expansion as in...
Spain’s Economy Beats Forecasts With 0.8% Quarterly Growth
Date: October 30, 2024
MADRID (Reuters) -The Spanish economy grew at a faster-than-expected rate in the third quarter to again outpace its European peers thanks to a strong tourism season and exports, preliminary data showed on Wednesday. Spain’s gross domestic product grew 0.8% in the third quarter from the previous three months, the same pace of expansion as in...
French Economy Expanded 0.4% in Q3, Insee Says
Date: October 30, 2024
PARIS (Reuters) -French economic growth beat estimates by accelerating by 0.4% in the third quarter 2024 from 0.2% in the second quarter because of impact of the Paris Olympic Games, preliminary data from statistics agency INSEE showed on Wednesday. Economists polled by Reuters had an average forecast of 0.3% for third quarter gross domestic product...