Europe

Decline in Euro Zone housing prices

Housing prices in the Euro Zone fell by 0.9 percent in the first quarter of the year compared to the previous quarter. The European Statistical...

Job prospects in the German automotive industry at crisis level

Despite record profits and a growing market, German automakers and suppliers' job prospects for the coming months fell to their lowest level since the...

Strict rules from EU to tech giants

Among the big technology companies that the European Union (EU) will enforce strict rules are Google, Apple, Meta and Microsoft. EU Commissioner Thierry Breton shared...

1.5 million immigrants are needed in Germany every year

Monika Schnitzer, Head of the Council of Economic Experts of the German government and Lecturer at Ludwig-Maximilian University in Munich, stated that Germany needs...

The decline in manufacturing activity in the euro area deepened in June

Manufacturing sector activity in the Euro Zone also fell in June, falling to 43.4. S&P Global announced the final data of the Euro Area's Manufacturing...

Eurozone annual inflation exceeds expectations

The Consumer Price Index (CPI) in the Euro Zone increased by 5.5 percent on an annual basis in June. The European Statistics Office (Eurostat) has...

Unemployment remained stable in the euro area

Unemployment rate in the Euro Area remained unchanged at 6.5 percent in May. The European Statistics Office (Eurostat) has released the unemployment data for the...

EU leaders agenda is China

The European Union (EU) has made a commitment to continue its multi-faceted policy with China to combat global problems, to be balanced in the...

Inflation accelerated again in Germany, below target in Spain

While annual inflation in Germany rose to 6.8 percent in June, it fell below the 2 percent target set by the European Central Bank...

ECB discusses faster shrinkage of bond portfolio

European Central Bank (ECB) officials were reportedly discussing options to accelerate the downsizing of the agency's 5 trillion euro ($5.5 trillion) bond portfolio. While the...

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