Browsing: Europe

The German economy shrank by 0.3% year-on-year in 2023 after being hit by high inflation, soaring energy prices, and weak foreign demand, the Federal Statistical Office has reported. 

Josep Borrell said that the conflict between Israel and Hamas was the “most urgent geopolitical issue we have to deal with”

France’s youngest prime minister will replace Elisabeth Borne, after she was dismissed by President Emmanuel Macron on Monday Gabriel Attal…

Gazprom supplies gas for Europe through Ukraine in the volume of 42.4 mln cubic meters (mcm) per day via the Sudzha gas pumping station in Russia’s Kursk Region, a Gazprom representative told reporters, adding that the request for pumping through Sokhranovka had been rejected by the Ukrainian side.

The structure of Russian crude oil and petroleum products export will stay unchanged in 2024, Vasily Tanurkov from ACRA said

More than 55,000 businesses were shut down in France in 2023, marking a record high for company closures since 2017, according to data compiled at the close of December by the Bank of France.

The Purchasing Managers’ Index has been in decline for seven consecutive months

Russia’s Alrosa and its CEO have been targeted as part of the import ban on diamonds produced in the country

Most analysts polled by the newspaper believe the single currency bloc is already in a recession

The piece, which commemorates the 25th anniversary of the currency, was written by European Commission president Ursula von der Leyen