The European Central Bank cut its key interest rate on Thursday to boost an economy that’s struggling to grow as consumers burned by inflation warily eye price tags and businesses try to navigate political turmoil in leading economies France and Germany.
Europe’s economy is struggling. Growth has slowed, businesses are weighed down by regulations, and inflation remains unpredictable. To turn things around, the European Central Bank is easing its monetary policy,
Brussels hopes simplifying green compliance rules will boost Europe’s flagging economy. Green groups fear something more sinister.
Brussels has called on EU member states to help revive the bloc's sluggish economies. It laid out a Competitiveness Compass with policies to boost growth. Can the plan make Europe fit for competing with China and the US?
The European Commission presented on Wednesday its plans to reverse industrial decline in the bloc and step up efforts to compete with the United States and China in new fields such as AI, and to lower energy costs and cut red tape.
The EU faces a ‘slow agony’ without significant investment and reform, a top European economist has forewarned. If the continent hopes to catch up with the US and China, it will need to make some radi
New technology from Chalmers University of Technology and the University of Gothenburg, Sweden, is helping the EU establish its own competitive computer manufacturing industry. Researchers have developed components critical for optimizing on-chip memory,
The European Commission has published on the 29th January the “Competitiveness Compass for the EU”, setting out ambitious initiatives aimed
EU member states have been told to review transactions that have taken place since January 2021 in areas where these technologies have formed part of overseas investment. They must submit a progress report in July and a comprehensive risk assessment a year later.
European Central Bank President Christine Lagarde said Bulgaria is “well advanced” in the process of meeting the criteria for joining the euro.
The European Central Bank’s reduction, the fifth consecutive cut since last summer, came a day after the U.S. Federal Reserve held interest rates.