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 Economy Grows but Jobless Rate Crosses 3 Million

By admin April 30, 2026 No comment

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Germany’s economy expanded more than expected in the first quarter of 2026, with gross domestic product rising by 0.3%, surpassing forecasts of 0.2%. The growth was mainly driven by stronger household consumption, increased government spending, and a rise in exports. However, the previous quarter’s growth was revised slightly downward, reflecting ongoing economic

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 […]

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 […]

Denmark to start conscripting women for military service

By admin March 14, 2024 No comment

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Denmark has announced significant reforms to its military, including extending conscription to women for the first time and increasing the standard service duration. This decision is part of a plan to bolster its defense capabilities and align with NATO targets amid heightened tensions in Europe following Russia’s invasion of Ukraine in 2022. Prime Minister Mette

Germany to cut green spending to meet budget rules

By admin December 14, 2023 No comment

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German Chancellor Olaf Scholz has announced that his coalition reached an agreement on the budget following a month of crisis talks. The decision comes after Germany’s constitutional court declared next year’s budget illegal for violating laws on new borrowing. The government plans to adhere to low deficit commitments by cutting certain green subsidies,