Europe's economy showed zero growth at end of 2024 as eurozone's biggest economy Germany struggled
Europe's economy stagnates during 2024 end as Germany's struggles persist
Europe's economy stagnated at the end of last year as former growth engine Germany floundered to the end of a second straight year of shrinking output, officials said Thursday.
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Europe economy shows zero growth at end of 2024 as Germany struggles
Europe's economy stagnated at the end of last year as its former growth engine, Germany, finished a second straight year of shrinking output, officials said Thursday.Gross domestic product was flat with a zero increase in the final quarter of 2024 in the 20-nation eurozone,
Net vs gross salaries in Europe: How much are employees really taking home?
Euronews Business examines how much of their gross salary an average person in Europe takes home across four scenarios, including marital status and children. View on euronews
Europe midday: Shares power ahead to new highs with eyes on ECB rate call
European markets continued to set intra-day records again on Thursday as investors waited for a rate decision from the European Central Bank amid an earnings and data dump.
Excess deaths decreased in Europe, despite health system challenges
November 2024 recorded 22,000 fewer excess deaths in the EU than in November 2023. Malta, Romania, and Slovakia recorded negative excess mortality rates. #EuropeInMotion
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EUROPE: Malta and Croatia log Europe’s biggest increases in vessel port calls over past decade
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Europe's economy showed zero growth at end of 2024 as Germany, eurozone's biggest economy, struggled
Europe’s economy stagnated late last year as its former growth engine, Germany, finished a second straight year of shrinking output.
ECB decision: Interest rates cut to nearly 2-year low - and more easing likely
The ECB's deposit rate was cut to 2.75% from 3%, the lowest in nearly two years. It was the fifth cut by the ECB in its last six meetings, and came after the Federal Reserve on Wednesday stood pat on rates and signaled it was in no hurry to deliver further cuts.
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European Equities Close Higher in Thursday Trading; European Central Bank Lowers Rates
The European stock markets closed higher in Thursday trading as The Stoxx Europe 600 rose 0.90%, Germany's DAX gained 0.41%, the FTSE 100 in London increased 1.04%, France's CAC 40 was up 0.88%, and the Swiss Market Index closed 0.
European Central bank cuts benchmark rate by a quarter percentage point to boost stagnant economy
The European Central Bank is cutting its key interest rate, a step to boost an economy that’s struggling to grow as consumers burned by inflation warily eye price tags and businesses try to chart a course amid political turmoil in leading economies France and Germany.
Eurozone Economy Stagnates as It Braces for Fresh Blow From Trump Tariffs
The economy returned to stagnation as 2024 drew to a close, a blow to its hopes for a recovery as it braces for the possibility that Trump will deliver a long-threatened increase in tariffs.
ECB decision: Interest rates lowered to nearly two-year low
The ECB's deposit rate was cut to 2.75% from 3%, the lowest in nearly two years. The ECB said the disinflation process is well on track and is set to return to its 2% medium-term target this year.
Eurozone Economy Stagnates as It Braces for Fresh Blow From Trump Tariffs -- 5th Update
However, higher U.S. tariffs would likely slow that rebound, if not stall it completely. Economists at Berenberg Bank estimate that a 10% tariff on all U.S. imports from the eurozone would reduce the growth rate by as much as half of a percentage point within a year.