Now playing Next Economy ECB's Christine Lagarde stands firm: No rate cuts on the horizon Those anticipating a dovish pivot from ECB President Christine Lagarde in the wake of comments by Fed Chair Jerome Powell a day earlier would have found her latest press conference a stark contrast. 14/12/2023
Now playing Next Economy ECB holds interest rates steady: What lies ahead for Europe's economy? The European Central Bank (ECB) has held interest rates and said it expects inflation to decline over the course of 2024. 14/12/2023
Now playing Next Economy Pound gains after Bank of England keeps interest rates at 15-year high In a widely expected move, the Bank of England (BoE), has decided to keep interest rates steady as part of its continued quest to bring down inflation. 14/12/2023
Now playing Next Economy Norway's central bank hikes its key interest rate once again The Norwegian national bank has raised the interest rate once again with future economic developments remaining uncertain. 14/12/2023
Now playing Next Economy First-time buyers look for long-term loans to get on property ladder One-fifth of first-time buyers in the UK wanting to get onto the property ladder are taking out mortgages of more than 35 years, according to UK Finance. 14/12/2023
Now playing Next Economy EU banks amass high reserves despite booming payouts Emergency funds at EU banks remain high whilst shareholders continue to profit from high interest rates. 13/12/2023
Now playing Next Markets Markets wrap: European stocks higher ahead of Fed rate decision European stocks and the FTSE 100 were all trading higher on Wednesday morning ahead of the US Federal Reserve rate decision. 13/12/2023
Now playing Next Economy Why the UK economy took a surprise tumble in October Euronews Business takes a look at why the UK economy took a surprise tumble in October as the latest Office for National Statistics (ONS) figures are released. 13/12/2023
Now playing Next Economy Boost for eurozone as economic sentiment hits 10-month high While most analysts feel optimistic about the euro area's economic situation for the next six months, many remain concerned about its current state. 12/12/2023
Now playing Next Economy German inflation fall boosts hope of European Central Bank rate cut Inflation in Germany eased more than expected in November, according to official data released on Friday. 08/12/2023
Now playing Next Economy EU fiscal deal: France and Germany at odds on investment spending After a long night in Brussels, EU finance ministers haven't sealed the deal on a new fiscal framework. 08/12/2023
Now playing Next Economy Declining exports and inventories weigh on the eurozone economy The eurozone economy shrank slightly in the third quarter of 2023 as inventory levels fell more than expected 07/12/2023
Now playing Next Markets Euro area sovereign bond yields decline on ECB rate cut expectations In recent weeks, sovereign bond yields across the eurozone have experienced a significant downward trend, propelled by mounting market anticipation of forthcoming rate cuts by the European Central Bank (ECB) in 2024. 07/12/2023
Now playing Next Business Why has Italy abandoned the New Silk Road project with China? Italy exits the New Silk Road: Euronews Business explores what this agreement encompasses and which countries are still involved. 07/12/2023
Now playing Next Business Tariff charges on EU-UK electric vehicle sales pushed back Euronews Business takes a closer look at the European Commission's new proposals on EU-UK electric vehicle exports - and manufacturing investment plans. 06/12/2023
Now playing Next Economy Jobs at risk as eurozone construction sector continues to struggle Construction firms are looking to cut costs in the face of inflationary pressures and a prolonged fall in demand. 06/12/2023
Now playing Next Economy Retail sales boosted in October as European shoppers spend more Eurostat reported a 0.1% increase in retail sales in the Eurozone for October, following three months of decline. 06/12/2023
Now playing Next Economy Will German manufacturers have to reduce production with orders down? The latest industrial data from Germany has been released and shows a decline in manufacturing orders. 06/12/2023
Now playing Next Economy Euroviews. Will the ECB cut interest rates next year, and why does it matter? The current mood indicates that the ECB will become the first central bank to cut rates. However, others are saying it is too early to pop open the champagne bottle as the fight against inflation is not over, Osama Rizvi writes. 06/12/2023
Now playing Next Economy Inflation, weak demand and falling employment weigh on the eurozone The eurozone economy continued its decline for a sixth consecutive month. Euronews Business looks at why and breaks down the latest figures. 05/12/2023