Economy News

Economy

Germany Braces for Economic Stagnation in 2025 Amid Global Trade Uncertainties

The German government forecasts economic stagnation in 2025, with a slight growth adjustment for 2026, citing global trade uncertainties and tariffs as key factors influencing busi...

Economy

Spain Accelerates Defense Spending to Meet NATO Target by 2025, Strengthening Security Commitments

Spain announces it will meet NATO's 2% defense spending target by 2025, four years ahead of schedule, with a €10.47 billion boost focusing on telecommunications, cybersecurity, and...

Economy

ECB Nears Inflation Target: Peter Kazimir Signals Confidence Amid Economic Uncertainties

Peter Kazimir of the ECB expresses confidence in nearing the inflation target, despite economic uncertainties and the need for a cautious approach to US tariffs.

Economy

Global Growth Forecast Slashed to 2.8% in 2025 by IMF Amid Trade Tensions and Economic Reset

The IMF has reduced its global growth forecast for 2025 to 2.8%, citing trade tensions and economic adjustments. Significant revisions were made for the US, China, and Eurozone eco...

Economy

ECB's Lagarde Optimistic About US-EU Tariff Talks, Warns Against Powell's Dismissal

ECB President Christine Lagarde expresses confidence in US-EU tariff talks, warns against dismissing Fed Chair Powell, and emphasizes fair trade practices and the importance of US-...

Economy

Chevron CEO Optimistic: US Economy Shows No Immediate Signs of Recession Despite Trade Tensions

Chevron CEO Michael Wirth remains optimistic about the US economy, seeing no immediate signs of a recession despite trade tensions and tariffs. The IMF has adjusted its 2025 US gro...

Economy

ECB's Lagarde Optimistic About EU-US Tariff Talks Amid Trade Policy Concerns

ECB President Christine Lagarde expresses confidence in the potential for EU-US tariff discussions, highlighting the impact of US trade policy on the EU's outlook and the importanc...

Economy

Eurozone Inflation and GDP Growth Forecasts Slightly Upward for 2025-2027, ECB Survey Reveals

The ECB's latest survey forecasts a slight increase in Eurozone inflation and GDP growth for 2025-2027, with inflation expected at 2.2% in 2025 and GDP growth at 0.9%. Unemployment...