The German economy will be the worst-performing economy in the G7 for the second successive year, as the country’s Chancellor tries to contend with a spiralling property downturn and net zero uncertainty. Despite being the largest economy on the continent, Germany is
Christine Lagarde (right) and European Commission President Ursula von der Leyen (Image: REX/Shutterstock) The Eurozone has turned into an inescapable “black hole” for its 19 members, a financial expert has warned, a quarter of a century after the launch of the single
Rishi Sunak Olaf Scholz (Image: GETTY) Germany has gone from being the powerhouse of the European Union to the sick man of Europe, a UK-based economist has warned. And Julian Jessop believes that while Berlin’s woes are nothing for Britain to crow
Czech politicians are facing a stern warning about the potential drawbacks of adopting the euro, as the country grapples with a decision on whether to join the Eurozone. A report released by the Czech National Bank (CNB) highlights the “unflattering” economic conditions
The challenges facing the ailing eurozone, where inflation unexpectedly ticked up yesterday, vividly illustrate why Britain was right to steer clear 25 years ago, a former MEP who campaigned vociferously against the idea has said. But Rupert Lowe, a former Brexit Party
Eurozone inflation has ticked up sharply, putting hopes of a cut in interest rates in jeopardy, with Christine Lagarde, President of the European Central Bank warning prices could continue to increase for months. The 2.9 percent figure released today was up from
Brexit is helping Britain avoid the recession which is already gripping eurozone countries, a UK-based expert has said after the publication of new economic data. Julian Jessop was commenting after the release of the figures showing Britain’s services sector saw the fastest
Dramatically reduced manufacturing output has left the Eurozone in recession, a new report has warned – with France at its lowest ebb for more than three years. Dr Cyrus de la Rubia, Chief Economist at Hamburg Commercial Bank (HCOB), said what he
Britain’s economy is poised to outstrip that of Germany in the coming years, with European countries hampered by the sluggish eurozone, experts have predicted. Economists at investment bank UBS believe Europe’s economic powerhorse will see modest growth of 0.5 percent in 2024,
Disappointing data indicating the Eurozone economy contracted in the third quarter of 2023 has prompted analysts to forecast “sluggish growth” throughout the monetary union for at least two years. And Germany, traditionally the European Union’s economic powerhouse, is “struggling”, the UK-based Centre