Browsing: Business

Italy’s 2025 public deficit came in at 3.1% of GDP, missing the EU benchmark even as the budget gap narrowed and the economy grew 0.5%.

Austria’s annual inflation rate rose to 3.1% in March from 2.2% in February as fuel and heating oil prices climbed and services remained a key driver.

Eurozone inflation rose to 2.5% in March from 1.9% in February, as energy prices rebounded and pushed the euro area back above the ECB target.

EU economic confidence fell in March as consumer and retail sentiment weakened, employment expectations dropped and price pressures rose.

New labor data show AI is changing tasks faster than jobs, pushing workers toward AI literacy, retraining and human-led skills that employers now reward.

The EU signed €2.7 billion in Innovation Fund grants for 54 clean industry projects across 17 countries, moving net zero technologies closer to deployment.

Trump’s actions in the Iran conflict are pushing up fuel, food, energy and mortgage costs in Britain, adding fresh pressure to inflation and household budgets.

Barclays says UK first-time buyers with student debt save nearly £2,000 less a year for a deposit, underscoring fresh pressure in the housing market.

ECB urges euro area banks to run geopolitical stress tests and plan actions if CET1 capital falls 300 bps, as risks rise from conflict and trade across EU banks.

EU lawmakers moved to restart delayed trade legislation with the United States after adding a safeguard that ties EU tariff cuts to U.S. compliance.