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

EU Pledges Fresh Support to Armenia Amid Rising Russian Economic Pressure

By admin July 2, 2026 No comment

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The European Union has announced an additional €18 million in economic assistance for Armenia and eased export rules for Armenian goods as part of efforts to strengthen ties with the South Caucasus nation. The support comes as Armenia faces increasing trade restrictions from Russia, which have affected key exports including fresh produce, flowers, fish, and […]

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 […]

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 […]

Europe’s Factories Sink Deeper into Contraction as Asia Ends 2025 on Stronger Note

By admin January 2, 2026 No comment

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Manufacturing activity in the euro zone weakened further in December, ending 2025 in deeper contraction as demand faltered and new orders declined, private surveys showed. The HCOB Eurozone Manufacturing PMI fell to 48.8 from 49.6 in November, its lowest level in nine months and below the 50 mark separating growth from contraction for a second […]

Irish economy expected to grow in next two years

By admin March 27, 2024 No comment

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A prominent think tank, the Economic and Social Research Institute (ESRI), has projected solid growth for Ireland’s domestic economy in the next couple of years, driven by decreasing inflation and rising wages. They anticipate a 2.3% growth in modified domestic demand (MDD) for this year, followed by a 2.5% increase next year. MDD is a […]

Defense Minister Criticizes Italy’s Decision to Join China’s Belt and Road Initiative

By admin July 31, 2023 No comment

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Italy’s Defense Minister, Guido Crosetto, criticized the country’s decision to join China’s Belt and Road Initiative (BRI), calling it “improvised and atrocious.” Crosetto claimed that the initiative had not effectively boosted Italy’s exports, making China the primary beneficiary. In 2019, Italy became the first developed economy to