EU economy News

Eurozone Economy Expands: GDP Climbs by 0.4% in Q1 2025 Amidst Varied National Performances

The Eurozone's GDP grew by 0.4% in Q1 2025, with the EU expanding by 0.3%. Yearly growth was 1.2% in the euro area and 1.4% in the EU. Ireland saw a 10.9% rise, while Austria, Hung...

April Sees a Sharp Decline in Eurozone Consumer Confidence Amid Economic Uncertainty

Eurozone and EU consumer confidence dropped significantly in April, with economic sentiment and employment expectations also declining, highlighting growing economic concerns.

Eurozone's Trade Surplus Skyrockets to €24B in February, Outpacing Previous Years

The Eurozone's trade surplus surged to €24 billion in February, with exports and imports showing healthy growth. The EU also reported an increase in trade surplus, highlighting a s...

Eurozone Construction Output Takes a Hit: A 0.5% Drop in February Sparks Economic Concerns

The Eurozone's construction output fell by 0.5% in February, with the EU seeing a 0.4% decrease. Year-over-year, there was a slight increase. Sector-specific declines were noted, w...

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

Consumer confidence in the Eurozone and EU is projected to decline sharply in April, reaching the lowest levels in 18 months, as per the European Commission's preliminary report.

Eurozone Braces for Steeper Decline in Consumer Confidence This April, Hits 18-Month Low

Consumer confidence in the Eurozone and EU is projected to decline further in April, with indices hitting their lowest levels in 18 months, according to the European Commission's p...

Eurozone Retail Sales Show Positive Growth in February, Outpacing EU Average

Eurozone retail trade grew by 0.3% in February, slightly outperforming the EU's 0.2% increase, signaling a gradual recovery in consumer spending across Europe.

March Sees a Sharp Decline in Eurozone Consumer Confidence Amid Economic Uncertainty

In March, consumer confidence in the Eurozone and EU saw a notable decline, with economic sentiment and employment expectations also falling below their long-term averages, signali...

ECB's Kazaks Alerts: US Tariffs May Spike Prices and Stifle Economic Growth

ECB's Martins Kazaks warns that US tariffs could harm EU's export economy, leading to higher prices and slower growth, amid Trump's threats of increased tariffs.

ECB's Kazaks Alerts: US Tariffs May Elevate Costs and Dampen Economic Growth

ECB's Martins Kazaks warns that US tariffs could harm the EU's export-driven economy, leading to higher prices and slower growth, amid Trump's threats of larger tariffs.

ECB's Kazaks Alerts: US Tariffs Could Escalate Prices and Dampen Economic Growth

ECB's Martins Kazaks warns that US tariffs could harm the EU's export-driven economy, leading to higher prices and slower growth. Trade barriers are seen as detrimental to economic...

Eurozone's Economy Shows Slight Growth in Q4 2024, Amidst Rising Unemployment

The Eurozone's GDP grew by 0.1% in Q4 2024, with the EU's economy expanding by 0.2%. Annual growth was 0.9% for the Eurozone and 1.1% for the EU. Unemployment rose slightly, indica...

Trump's Tariffs Could Weaken the EU Economy, Warns ECB's Cipollone

European Central Bank (ECB) Executive Board member Piero Cipollone warns that import tariffs announced by United States President-elect Donald Trump could weaken the European econo...