Economy News

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...

Economy

Germany Faces Economic Stagnation in 2025 Amid Global Trade Uncertainties

The German government anticipates economic stagnation in 2025, a first in its history, with growth forecasts for 2026 also adjusted downward. The uncertainty stems from global trad...

Economy

Spain Accelerates NATO Defense Spending Goal to 2025, Strengthening Security Commitments

Spain commits to reaching NATO's 2% defense spending target by 2025, four years early, with a €10.47 billion boost focusing on cybersecurity and military upgrades, strengthening it...

Economy

ECB Nears Inflation Target Amid Economic Uncertainty, Kazimir Reveals

ECB Governing Council member Peter Kazimir reports the bank is close to hitting its inflation target, with monetary policy now in a neutral zone. However, he cautions about the cha...

Economy

Global Economic Growth Slows to 2.8% in 2025: IMF Cites US Tariffs as Key Factor

The IMF has lowered its global growth forecast for 2025 to 2.8%, citing US tariffs as a major factor. Adjustments were also made to the growth estimates for the US, China, and the ...

Economy

Eurozone Consumer Confidence Hits 18-Month Low: A Deep Dive into April's Alarming Drop

Consumer confidence in the Eurozone and EU is set to decline further in April, with indices moving away from their long-term averages and hitting 18-month lows, according to the Eu...

Economy

Eurozone Consumer Confidence Hits 18-Month Low: A Deep Dive into April's Sharp Decline

Consumer confidence in the Eurozone and EU is set to decline sharply in April, with indices reaching their lowest levels in 18 months, according to the European Commission's prelim...

Economy

IMF Slashes Global Growth Forecast for 2025 to 2.8%, Citing U.S. Tariffs and Economic Reset

The IMF has revised its global growth forecast for 2025 down to 2.8%, citing U.S. tariffs and an economic reset. The U.S., China, and Eurozone face lowered growth projections, with...