German Inflation Rises in Key States Ahead of National Data

By admin July 30, 2026 No comment

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Inflation increased across four major German states in July, according to preliminary figures, signalling that the country’s national inflation rate is also likely to rise. Bavaria, North Rhine-Westphalia, Baden-Wuerttemberg and Lower Saxony all reported higher inflation compared with June, reflecting continued price pressures. The German government expects inflation

ECB Sees Inflation Returning to 2% Within a Year

By admin July 25, 2026 No comment

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The European Central Bank (ECB) expects inflation in the eurozone to return to its 2% target within the next year, according to ECB Chief Economist Philip Lane. Speaking after the central bank kept interest rates unchanged, Lane described the current inflationary pressures as a “medium-sized” shock that requires a measured policy response rather than aggressive

Italy Cuts Growth Forecast, Sees Economy Expanding 0.7% Through 2027

By admin June 5, 2026 No comment

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Italy’s national statistics bureau ISTAT has slightly lowered its economic growth forecast for 2026, projecting gross domestic product (GDP) growth of 0.7%, down from the 0.8% estimate issued in December. The agency also expects the economy to expand by 0.7% in 2027, supported by stronger-than-expected performance in the first quarter, when GDP rose 0.3% from […]

German Economy Sees Q1 Growth but War Clouds Outlook

By admin April 22, 2026 No comment

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Germany’s central bank, the Deutsche Bundesbank, said the country’s economy likely recorded modest growth in the first quarter, supported by solid industrial output and resilient services activity. Despite weakening consumer confidence toward the end of the quarter, exports and business-related services helped sustain overall momentum. However, the outlook for the second

France Plans Spending Freeze to Offset Iran Crisis Costs

By admin April 21, 2026 No comment

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The government of France has announced plans to offset the financial impact of the ongoing Iran crisis by freezing public spending. Rising energy prices and increased borrowing costs linked to the crisis are expected to cost the country between €4 billion and €6 billion. Authorities say the spending freeze will match these projected losses, helping […]

Italy Cuts Growth Outlook as Energy Costs Weigh on Economy

By admin April 10, 2026 No comment

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Italy is set to lower its economic growth forecasts as rising energy prices continue to pressure its economy, Economy Minister Giancarlo Giorgetti said. The government is expected to trim this year’s GDP growth estimate to around 0.5%–0.6%, down from 0.7%, while next year’s outlook may also be reduced slightly. The slowdown is largely attributed to […]

Euro Zone Growth Slows to Nine-Month Low Amid Rising Costs

By admin April 7, 2026 No comment

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Economic growth across the euro zone slowed sharply in March as rising energy costs and supply chain disruptions weighed on business activity. According to data from S&P Global, the composite Purchasing Managers’ Index (PMI) for the region fell to 50.7 from 51.9 in February, marking its lowest level in nine months, though still marginally indicating […]

ECB Warns Inflation Expectations Could Rise Quickly Amid Energy Shock

By admin April 7, 2026 No comment

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A European Central Bank policymaker has warned that inflation expectations in the euro zone could climb faster than previously seen, urging the ECB to remain ready to raise interest rates if price pressures persist. Dimitar Radev said rising energy costs linked to the Iran conflict have pushed inflation above the ECB’s 2% target, increasing risks […]

German Inflation Rises Amid Energy Shock from Iran Conflict

By admin March 30, 2026 No comment

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Inflation increased to at least 2.5% across four German states in March, driven largely by rising energy prices linked to the ongoing U.S.-Israeli conflict with Iran. In North Rhine-Westphalia, Germany’s most populous state, annual inflation climbed to 2.7% from 1.8% in February. Similar increases were recorded in Bavaria, Baden-Wuerttemberg and Lower Saxony, signalling a

EU Leader: Russia Gains from Middle East War

By admin March 10, 2026 No comment

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EU Council President Antonio Costa warned that Russia has emerged as the primary beneficiary of the ongoing Middle East conflict, profiting from soaring energy prices and reduced international attention on its war in Ukraine. Speaking to EU ambassadors in Brussels, Costa said Russia gains new resources to finance its operations in Ukraine while the diversion […]