German Economy Shows Resilience in Second Quarter

By admin July 28, 2026 No comment

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Germany’s economy likely recorded modest growth in the second quarter of 2026 despite challenges from the Middle East conflict, according to the Bundesbank. The central bank said strong industrial activity, steady exports, and resilient consumer spending helped offset the impact of higher energy and commodity prices. The Bundesbank noted that Germany’s

France Cuts 2026 Economic Growth Forecast to 0.7%

By admin July 7, 2026 No comment

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France has lowered its economic growth forecast for 2026 to 0.7%, down from the previously projected 0.9%, according to a mid-year public finance update presented to lawmakers by the Finance Ministry. The revised outlook reflects weaker-than-expected economic performance during the first half of the year. Finance Minister Roland Lescure said the downgrade was driven by

France’s Private Sector Slowdown Eases in June

By admin June 23, 2026 No comment

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France’s private sector remained in contraction during June, but the pace of decline eased significantly, according to the latest S&P Global Flash PMI survey. The Composite Output Index rose to 47.6 from 44.9 in May, indicating that business activity is still shrinking but showing signs of stabilization. Economists viewed the improvement as a positive signal […]

German Business Activity Falls to 18-Month Low as Services Sector Weakens

By admin June 23, 2026 No comment

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Germany’s private sector activity contracted at its fastest pace in 18 months during June, according to the latest S&P Global survey. The Composite Flash Purchasing Managers’ Index (PMI) dropped to 48.0 from 48.8 in May, falling short of market expectations and remaining below the 50-point mark that separates growth from contraction. The decline was driven […]

Massive Surge in Spain’s Migrant Legalization Drive as Applications Near One Million

By admin June 16, 2026 No comment

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Spain’s Migration Ministry announced on Monday that it has received roughly 900,000 applications from undocumented migrants seeking legal status, nearly double the government’s initial projection of half a million requests. The extraordinary program, designed to integrate undocumented workers into the formal economy, has seen overwhelming demand and is expected to

Euro Zone Services Growth Picks Up Slightly as Demand Improves

By admin March 4, 2026 No comment

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Services activity across the euro zone expanded at a slightly faster pace in February as demand conditions improved, according to a Purchasing Managers’ Index (PMI) survey compiled by S&P Global. The HCOB euro zone services PMI rose to 51.9 from 51.6 in January, signalling continued growth, though the pace of expansion remained modest. Economists noted […]

Euro Zone Ends 2025 on Steadier Footing as Retail Sales and German Industry Improve

By admin January 9, 2026 No comment

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The euro zone economy showed fresh signs of resilience at the end of 2025, with retail sales outperforming expectations and German industrial activity picking up, according to data released on Friday. Retail sales across the bloc rose 0.2% in November, slightly above forecasts, while annual growth of 2.3% was driven by strong upward revisions to […]

German Business Activity Loses Momentum as Growth Slows in December

By admin December 16, 2025 No comment

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Germany’s private sector growth lost more momentum in December, marking the second straight month of deceleration, according to a PMI survey. The HCOB flash composite Purchasing Managers’ Index fell to 51.5 from 52.4 in November, its lowest level in four months, though it remained above the 50 mark that signals expansion for a seventh consecutive […]

German Business Growth Slows in November as Manufacturing Contracts: PMI

By admin November 21, 2025 No comment

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Germany’s private sector lost momentum in November, with manufacturing unexpectedly contracting and the services sector expanding at a slower pace, according to the latest HCOB flash composite Purchasing Managers’ Index (PMI) compiled by S&P Global. The index slipped to 52.1 from 53.9 in October, marking a two-month low. Despite the decline, the reading stayed above

Spain Poised for Record Tourism in 2024 Following Strong First-Half Growth

By admin August 2, 2024 No comment

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In the first half of 2024, Spain experienced a 13% surge in foreign tourists, positioning the country for yet another record-breaking year for visitor numbers, despite growing concerns over the holiday industry’s impact on popular tourist areas. According to Spain’s data agency INE, 42.5 million international visitors arrived in the country from January to