Euro Zone Business Activity Rebounds in July

By admin August 5, 2026 No comment

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Business activity across the euro zone accelerated to an eight-month high in July, driven by a recovery in the services sector and continued strength in manufacturing. The S&P Global Euro Zone Composite PMI rose to 52.0 from 50.0 in June, moving back into expansion territory for the first time since March, while the Services PMI […]

Europe’s Retail Sector Faces Fresh Pressure as Energy Prices Surge

By admin March 10, 2026 No comment

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Europe’s retail industry is bracing for renewed pressure as rising energy prices linked to the ongoing U.S.-Israeli conflict with Iran threaten to push operating costs higher. Retail stocks, including Zara owner Inditex and Britain’s Marks & Spencer, fell as investors warned that higher fuel and gas prices could hurt an already fragile sector. The industry […]

France Set for Modest Year-End Growth Despite Political Turmoil

By admin December 10, 2025 No comment

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France’s economy is poised to grow 0.2% in the fourth quarter of 2025, supported mainly by strong industrial activity, according to the Bank of France’s latest business sentiment survey. Although slower than the 0.5% recorded in the previous quarter, the country remains on track to meet or potentially exceed the government’s full-year growth target of […]

Eurozone cuts interest rate for first time in 5 years

By admin June 6, 2024 No comment

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The European Union has become the second major economy this week to reduce its lending rate, indicating progress in addressing inflation. The European Central Bank (ECB) cut its main interest rate from a record high of 4% to 3.75%, following Canada’s decision to lower its official rate on Wednesday. This decision coincides with EU-wide elections, […]