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Image for Bank of Spain cuts 2023 growth forecast to 1.4%, lifts 2022 forecast
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Bank of Spain cuts 2023 growth forecast to 1.4%, lifts 2022 forecast

By Jesús Aguado MADRID (Reuters) -The Bank of Spain on Wednesday significantly cut its GDP growth f...

5th October, 2022

Image for Euro zone likely to endure recession as downturn deepens
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Euro zone likely to endure recession as downturn deepens

By Jonathan Cable LONDON (Reuters) -The drop in euro zone business activity deepened last month, a s...

5th October, 2022

Image for European shares retreat on recession fears; focus on U.S. jobs data
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European shares retreat on recession fears; focus on U.S. jobs data

By Devik Jain (Reuters) -European shares fell on Wednesday, snapping a three-day rally after data sh...

5th October, 2022

Image for Italy’s services sector contracts in Sept -PMI
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Italy’s services sector contracts in Sept -PMI

ROME (Reuters) – Italy’s services sector contracted in September after reporting modest growth the m...

5th October, 2022

Image for Tourism revenues on the mend in Mediterranean countries
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Tourism revenues on the mend in Mediterranean countries

(Reuters) – Even if the number of visitors has still not quite recovered to pre-pandemic levels, Med...

4th October, 2022

Image for Foreign tourism to Spain jumps in August, remains below pre-pandemic level
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Foreign tourism to Spain jumps in August, remains below pre-pandemic level

MADRID (Reuters) -The number of foreign tourists visiting Spain in August remained well below the 10...

4th October, 2022

Image for Italy forecasts recession as Meloni seeks economy minister
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Italy forecasts recession as Meloni seeks economy minister

By Giuseppe Fonte and Gavin Jones ROME (Reuters) -Italy’s economy probably shrank in the third quart...

3rd October, 2022

Image for Greek economic rebound to slow next year as energy costs curb growth- draft budget
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Greek economic rebound to slow next year as energy costs curb growth- draft budget

By Lefteris Papadimas and Renee Maltezou ATHENS (Reuters) -Greece’s economy is projected to grow at...

3rd October, 2022

Image for Euro zone factory activity declined again in Sept as energy bills bite -PMI
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Euro zone factory activity declined again in Sept as energy bills bite -PMI

LONDON (Reuters) – Manufacturing activity across the euro zone declined further last month as a grow...

3rd October, 2022

Image for Factbox-The UK’s top tax rate – what is it and why does it matter?
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Factbox-The UK’s top tax rate – what is it and why does it matter?

LONDON (Reuters) – British finance minister Kwasi Kwarteng on Monday abruptly dropped his plan to el...

3rd October, 2022

Image for World factory activity weakens on global slowdown, cost pressures
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World factory activity weakens on global slowdown, cost pressures

By Jonathan Cable and Leika Kihara LONDON/TOKYO (Reuters) -Global factory output mostly weakened in...

3rd October, 2022

Image for Central Europe’s manufacturing strain reaches Hungary
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Central Europe’s manufacturing strain reaches Hungary

By Jason Hovet and Gergely Szakacs (Reuters) -Hungary’s manufacturing activity shrank for the first...

3rd October, 2022