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Image for Hungary’s economy to get boost from housing next year, PM Orban saysTop Stories

Hungary’s Economy to Get Boost From Housing Next Year, PM Orban Says

Image for French government to present 2025 belt-tightening budgetTop Stories

French Government to Present 2025 Belt-Tightening Budget

Image for Bank of Portugal cuts growth forecast for this year and nextBanking

Bank of Portugal Cuts Growth Forecast for This Year and Next

Image for Greece’s growth seen nearly unchanged in 2025, draft budget showsInvesting

Greece’s Growth Seen Nearly Unchanged in 2025, Draft Budget Shows

Image for UK business confidence falls from eight-year high, Lloyds says

UK Business Confidence Falls From Eight-Year High, Lloyds Says

Date: September 30, 2024

By David Milliken LONDON (Reuters) – British business confidence ebbed slightly this month after reaching an eight-year high in July and August, as concerns about the broader economic outlook rose to a six-month high, a survey from Lloyds Bank showed on Monday. Lloyds’ overall business barometer – which represents the difference between the percentage...

Image for Analysis-Extreme weather adds to fiscal strains in central Europe

Analysis-Extreme Weather Adds to Fiscal Strains in Central Europe

Date: September 20, 2024

By Jan Lopatka, Karol Badohal and Gergely Szakacs PRAGUE/WARSAW (Reuters) – Just a week ago, before deadly floods swept through central Europe, the Czech Republic looked on track to become the first country in the region since COVID-19 to pull its budget deficit firmly below the 3% of GDP cap set by European Union rules....

Image for German tax revenue rose by 5.3% in August

German Tax Revenue Rose by 5.3% in August

Date: September 20, 2024

By Maria Martinez BERLIN (Reuters) – Germany’s federal and state governments’ tax revenue rose 5.3% in August compared with the same month last year, the finance ministry said on Friday. The federal and state governments’ tax revenue reached a total of 61.9 billion euros ($68.9 billion) last month, according to the ministry’s monthly report....

Image for French central bank sees consumer gains easing budget pains

French Central Bank Sees Consumer Gains Easing Budget Pains

Date: September 18, 2024

PARIS (Reuters) – France’s economy is set to gain momentum in the coming two years as lower inflation boosts consumer spending, helping to offset the drag from government belt-tightening, the central bank forecast on Tuesday. The euro zone’s second-biggest economy was set to grow 1.1% this year, the Bank of France said in its...

Image for French central bank sees consumer gains easing budget pains

French Central Bank Sees Consumer Gains Easing Budget Pains

Date: September 17, 2024

PARIS (Reuters) – France’s economy is set to gain momentum in the coming two years as lower inflation boosts consumer spending, helping to offset the drag from government belt-tightening, the central bank forecast on Tuesday. The euro zone’s second-biggest economy was set to grow 1.1% this year, the Bank of France said in its quarterly...

Image for US dollar strengthens ahead of Fed rate cut move

US Dollar Strengthens Ahead of Fed Rate Cut Move

Date: September 17, 2024

By Chibuike Oguh NEW YORK (Reuters) -The U.S. dollar strengthened against most major currencies on Tuesday following better-than-expected retail sales data that seemed to support a less aggressive stance by the Federal Reserve when it delivers a much expected interest rate cut. Commerce Department data showed on Tuesday that U.S. retail sales unexpectedly rose 0.1%...