european-economies
Top StoriesEurope’s SMEs Need One Set of Rules, Report to Say
Top StoriesEuropean Shares Slide to Two-Week Low on Hawkish Fed Comments, Geopolitical Worries
Top StoriesEuro Zone Factory Downturn Deepened Again in March, PMI Shows
Top StoriesFactbox-European Companies Cut Jobs as Economy Sputters
European Championship Won’t Save German Economy, Study Shows
Date: March 22, 2024
European Championship won’t save German economy, study shows BERLIN(Reuters) – The European Championship to be held in Germany this summer is unlikely to turn into a summer fairytale for the euro zone’s largest economy as it struggles for growth, a study by a leading institute and seen by Reuters showed on Friday. “The experience of...
Euro Zone Business Activity Moves Closer to Recovery, PMI Survey Shows
Date: March 5, 2024
Euro zone business activity moves closer to recovery, PMI survey shows LONDON (Reuters) – Business activity in the euro zone showed signs of recovery last month as the bloc’s dominant services industry expanded for the first time since July, offsetting a deeper contraction in manufacturing, a survey showed. HCOB’s composite Purchasing Managers’ Index (PMI) for...
M&A May Breathe New Life Into Europe’s Neglected Telecoms
Date: March 1, 2024
M&A may breathe new life into Europe’s neglected telecoms By Danilo Masoni MILAN (Reuters) – A series of potential deals across Europe’s fragmented telecoms industry has put the battered sector in the spotlight, as consolidation could help boost profit margins. European telecoms stocks are at fresh record lows relative to the market after years of...
German Economy in Stormy Waters as Government Slashes Forecast
Date: February 21, 2024
German economy in stormy waters as government slashes forecast By Christian Kraemer and Rachel More BERLIN (Reuters) -The German government expects the economy to grow 0.2% this year, far less than a previously forecast 1.3%, as weak global demand, geopolitical uncertainty and persistently high inflation dent hopes for a swift rebound. The revised forecast was...
German Economy Expected to Grow in 2024, Official Says
Date: February 13, 2024
German economy expected to grow in 2024, official says BERLIN (Reuters) – Germany is not in recession and its economy is expected to grow in 2024, Chancellor Olaf Scholz’s chief of staff, Wolfgang Schmidt, said on Tuesday. “We don’t have a recession. We are not seeing anything that normally accompanies a recession, such as unemployment....
EU Agrees Path to Compete in Clean Tech Production
Date: February 6, 2024
EU agrees path to compete in clean tech production By Philip Blenkinsop BRUSSELS (Reuters) -European Union policymakers agreed new rules on Tuesday to promote local production of equipment for solar and wind power, fuel cells and other clean technologies and help Europe’s industry compete with Chinese and U.S. rivals. The bloc aims to set a...