Eurozone growth outlook brightens despite Covid threat
The EU has increased its growth forecast for 2021, as the eurozone economy holds strong against higher energy prices, supply chain bottlenecks and a fresh wave of Covid cases
EU warns no return to pre-crisis economy before 2023
A second wave of the coronavirus pandemic has stalled a nascent recovery in Europe, as the EU warned that the economy would not return to pre-virus normality before 2023
Eurozone GDP plummets by record 12.1 per cent in second quarter
Countries worldwide have been suffering economically from the consequences of the coronavirus pandemic. This is no different from the Eurozone, where the GDP has declined massively for the first time in 25 years.
Battle ahead for EU’s 750-bn-euro recovery plan
European Union chief Ursula von der Leyen has proposed a 750-billion-euro post-virus recovery fund for Europe and urged sceptical member states to back it.
The state of Britain’s economy as Brexit looms
What is the state of the British economy as the country prepares to leave the EU -- with or without a deal according to PM Boris Johnson -- on October 31?
Eurozone growth slows to 0.2% in second quarter
Is the eurozone heading for a slowdown? The latest growth figures show economic growth halved in the second quarter of the year, despite falling unemployment rates
European Commission accepts Italy’s revised budget
Italy and the European Commission have announced a new budget deal after weeks of wrangling over the country's 2019 spending plans.
European Commission ups the ante against Italy in budget row
The European Commission has rejected Italy's 2019 spending plan for contravening EU fiscal rules.
NATO military spendings
NATO countries spent 2.43 per cent of their average gross domestic product on defence in 2017.
Eurozone GDP growth boosted by energy prices
Gross domestic product in the in the 19-member euro area is up in the third quarter of 2017 while inflation has dropped, new figures show.