Europe Economy
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As Europe faces pressure to ban Russian oil, gas, experts warn of ‘major’ consequencesAn EU boycott would mean higher prices at the pump and on utility bills, and ultimately the threat of an energy crisis and recession.WorldMar 9, 2022
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Unemployment rises for fifth straight month in Europe amid pandemicThe jobless rate increased to 8.1 per cent in the 19 countries that use the euro currency, from eight per cent in July, official statistics showed Thursday.WorldOct 1, 2020
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Coronavirus: European Union economic recovery deal stalls at 1st day of talksMany of the 27 heads declared on arrival for their first face-to-face summit for five months that a deal was crucial to rescue economies in free fall and shore up faith in the EU.WorldJul 17, 2020
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European Union predicts ‘recession of historic proportions’ over COVID-19 impact"It is now quite clear that the EU has entered the deepest economic recession in its history," EU Economy Commissioner Paolo Gentiloni told reporters in Brussels.WorldMay 6, 2020
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Coronavirus: Europe’s economy suffers worst drop since records beganThe drop compares to a 4.8% contraction in the U.S. during the first quarter as the shock from the outbreak hits economies around the world.WorldApr 30, 2020
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U.S. fails to reassure Europe, Japan over ‘Trumponomics’The United States said on Saturday the world's other rich economies were getting used to the policy plans of President Donald Trump,EconomyMay 13, 2017
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