Growth
The pound is partying as Sunak’s election gambit dashes June rate cut hopes
Sterling is at its highest level since Britain voted to leave the EU in 2016.
Germany and France push for mega-deals in competition overhaul
Is the EU already in a trade war with China?
Britain’s fast-improving economy won’t save the Tories
IMF warns Tories against further UK tax cuts
New Dutch government drives wedge through EU liberals
Heir to Blair? Keir Starmer’s 6 big pledges rated.
Labour leader channels Tony Blair with moody black and white photo — and six big post-election promises.
Black Sea offshore natural gas bolsters EU energy security
The Neptun Deep project to produce natural gas offshore at the Black Sea is the key to reducing dependence on gas imports and strengthening the EU’s energy security.
Britain’s next financial crash is coming. This time it won’t be the banks.
Since the 2008 global financial crisis, regulators fear that the part of the financial system that sits outside of banks has absorbed all the risk.
Bank of England leaves key interest rate at 5.25 percent
Governor Andrew Bailey opens the door to a first rate cut in June, but warns it’s “not a fait accompli”.
Macron meets Xi: Two emperors on the edge of two wars
Amid arguments over electric cars, cognac and Ukraine, the French president’s dinner with China’s Xi Jinping may not be much fun.
Is Portugal’s youth really falling for the far right?
Younger voters’ interest in extremist groups tends to be short-lived and driven by frustration with the present, not nostalgia for the past.
France tops UK (again) in foreign investment race amid European slowdown
The U.K. bucked a Europe-wide trend of declining investments.
UK will be worst-performing G7 economy in 2025, OECD forecasts
The outlook is a blow to Prime Minister Rishi Sunak and his Chancellor Jeremy Hunt.
Springtime comes for Europe’s economy
The EU’s economy grew by 0.3 percent in the first quarter of the year.
EU decade of skills: Building a future-ready labor market
LinkedIn data shows the urgent need for enhanced skills to power Europe’s digital and green transitions.
Rethinking EU restrictive measures
Against a backdrop of alternative global trade channels, food insecurity, and a stagnant EU economy, sanctions against Russia need to be more strategic and fair to legitimate businesses.
Will the EU get a war budget?
The debate over the bloc’s next seven-year spending plan is already starting. And while the Ukraine invasion shapes the debate, the negotiations will be messy — and about a whole lot more.
France gets a reprieve on credit rating, but doubts persist on fiscal outlook
Moody’s and Fitch keep assessments unchanged, but are cautious on French government’s ability to meet deficit targets.
EU pulls its gun on China
The EU is accelerating its crackdown on what it sees as Beijing’s unfair support for companies that undermine European rivals.
Macron warns Europe ‘can die’ in alarmist speech on protectionism, geopolitical threats
Macron reiterated calls for a third way between the U.S. and China, saying Europe must show that “it’s never going to be a vassal for the United States.”
French PM Attal unleashes Sarkozy-style politics to tackle far-right surge
Gabriel Attal returns to the themes that led to his meteoric rise in French politics, portraying himself as a man of law and order and a staunch defender of French secularism.
Floods, war and US inflation crash the IMF party
The risk that lies closest to financiers’ hearts moved a step closer to reality as one of the Fed’s policymakers floated the idea that interest rates may have to rise still further to bring inflation under control.
UK signals fresh curbs on China trade amid threat to national security
Deputy PM Oliver Dowden will take steps to deliver on pledge to Joe Biden to confront China trade quandary.
Sack Andrew Bailey as Bank of England boss, says Liz Truss
Ex-PM describes the Treasury, the Bank of England and the Office for Budget Responsibility as a ‘three-headed hydra.’
Liz Truss says Donald Trump ‘has to’ win
Britain’s shortest-serving prime minister gives Republican hopeful her backing.
EU signals end of free money for poorer countries
The European Commission is pushing for the post-pandemic recovery fund not to be repeated — as well as for conditions on financing of poorer regions.
Euro plunges, eyes parity with dollar after Lagarde’s go-it-alone pledge
The currency weakened as the ECB signals it plans start cutting rates before the Fed.
Why Germany’s Scholz is bowing to the Chinese dragon
Ignoring pressure from Washington, chancellor seeks Beijing’s embrace.