EU boycotts only make us stronger, Hungarian finance minister says

Only six ministers of 27 attended the meeting, including Varga himself.

Panic on the canals: How a battle over wages in Venice highlights the complex reality overlooked by policymakers

An escalating standoff between workers and employers in Venice over an expired contract has exposed the volatile reality behind the data that informs Europeโ€™s economic decision-making.

Deutsche Bank chief tells Germans: Work longer and harder

CEO adds that political instability could hurt Germany’s appeal as an investment destination.

Von der Leyenโ€™s second term from hell

Thought the pandemic and Ukraine were tough? The next five years could be worse.

Europeโ€™s manufacturing slump shows no signs of ending

Manufacturing in Europeโ€™s industrial heartland weakened further in July, confirming the worst fears of EU leaders concerned by the direction that the blocโ€™s economy is taking. S&P Global said today its eurozone manufacturing purchasing managers index (PMI), a rough real-time proxy for activity in the sector, fell this month, as the sector dived deeper into [โ€ฆ]

US political uncertainty crashes central bank retreat in Portugal

Reports of financial chaos in France have been vastly overstated, Europe’s economic elite say. Instead, the U.S. election is the one to watch.

The dirty little secret no politician will admit: There is no way to โ€˜go for growthโ€™

Everything now is just a euphemism for financial repression and austerity. That doesn’t stop politicians looking for magical alternatives.

The ECB has cut its key interest rate: so what?

We all knew it was coming, but what does it mean in practice?

ECBโ€™s Lagarde digs in as US pushes Europe on using Russian assets for Ukraine aid

The debate on whether and how to use frozen Russian money to help Ukraine has reached the G7.

Franceโ€™s fiscal woes cast a long shadow over Macronโ€™s EU ambitions

The French president faces fresh test as outlook for nation’s finances dims, threatening to upend his EU project.

Switzerland declares victory over inflation

Swiss National bank delivers first rate cut since 2015.

The EU has a โ‚ฌ30 billionย hidden fees problem

Last year, European consumers and businesses lost โ‚ฌ30 billion to hidden international payment fees. The Payment Services Regulation has to close the loopholes that have enabled these fees.

ECB slashes inflation forecast but holds rates amid mounting analyst worries

The European Central Bank (ECB) on Thursday (7 March) held interest rates at their current record high levels, despite also slashing its growth and inflation projections for the eurozone, with ECB president Christine Lagarde claiming the bank is not โ€œs…