Italy’s Inflation Rises Above 4% as Energy Costs Surge

By admin September 30, 2026 No comment

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Italy’s EU-harmonised consumer prices rose 2.0% month-on-month in September, pushing annual inflation to 4.1%, up sharply from 3.2% in August. The increase was driven largely by soaring energy costs linked to turmoil in the Middle East. The latest figure was above the 3.8% median forecast from a Reuters poll of 17 analysts and marked Italy’s […]

Germany Says New Debt Needed to Strengthen Defence

By admin September 8, 2026 No comment

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Germany needs to take on new debt to strengthen its defence and infrastructure, Finance Minister Lars Klingbeil said while defending the government’s 2027 budget. He argued that increased borrowing is necessary to address growing security threats and years of underinvestment. Germany plans to borrow €838.2 billion between 2027 and 2030, while total investment is

Germany’s Construction Industry Warns Recovery Still Out of Reach as Costs Rise

By admin June 11, 2026 No comment

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Germany’s construction sector has warned that its long-running downturn is far from over, as rising energy and raw material costs continue to weigh on businesses. Industry leaders say a hoped-for recovery has been weakened by a new wave of price increases linked to geopolitical tensions in the Middle East. Marcus Nachbauer, chairman of Germany’s main […]

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 […]

Italy Turns to ‘Silver Housing’ as Elder Care Model Shifts

By admin April 8, 2026 No comment

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Italy is witnessing the rise of “silver housing” — residential communities designed for independent seniors — as longer life expectancy and changing family structures weaken traditional elder care systems. These developments, already common in the United States and northern Europe, are gaining popularity among active older Italians seeking community living, services, and

German Economy Stuck in Slow Lane, DIHK Sees Just 1% Growth in 2026

By admin February 17, 2026 No comment

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Germany’s economy is projected to grow by only 1% in 2026, according to the German Chamber of Industry and Commerce (DIHK), which warned that deeper reforms are needed for a sustainable recovery. The forecast marks a slight upgrade from its earlier 0.7% estimate, but DIHK managing director Helena Melnikov said the pace remains inadequate compared […]

Six European Economies Push to Advance Stalled EU Projects

By admin January 29, 2026 No comment

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Ministers from six major European economies, including Germany, France, Poland, Spain, Italy, and the Netherlands, pledged to take the lead in advancing projects stalled by the EU’s slow decision-making processes. The virtual meeting followed criticism from the Trump administration over the EU’s lengthy deliberations, with leaders emphasizing the need to strengthen

German Economic Recovery to Begin Slowly, Says Bundesbank

By admin December 19, 2025 No comment

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Germany’s economic recovery after three years of stagnation is expected to begin slowly next year before gaining momentum later, according to the Bundesbank’s latest biannual economic projections. Europe’s largest economy has struggled since 2023 due to a weakened industrial sector, subdued consumer spending and restrained government expenditure. A turnaround began this

Belgium Strike Halts Flights, Schools and Transport

By admin November 26, 2025 No comment

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Belgium witnessed major nationwide disruption on Wednesday as the third and final day of a national strike brought much of the country to a standstill. The protest, driven by the country’s main labour unions, targeted Prime Minister Bart De Wever’s coalition government over proposed pension changes and labour market reforms. Brussels Airport cancelled all departing […]