About: economic growth
Economic weaknesses become strengths in East Germany during COVID-19
The "new" East German states are economically weaker than their western counterparts, lacking large industrial hubs of international corporations. However, this proved to be an advantage during the pandemic. EURACTIV Germany reports.
WTO foresees global trade halved in 2019
The World Trade Organisation (WTO) has lowered its global trade growth forecasts for 2019 to 1.2%, compared with its earlier 2.6% prediction issued last spring, with South and Central America bucking the downward global trend. EURACTIV's partner La Tribune reports.
Global growth continues to weaken, World Bank report confirms
After the IMF and the OECD, the World Bank has also cut its 2019 growth forecasts. Uncertainties over trade and investment are at the root of this slowdown, which is also affecting the eurozone. EURACTIV France reports.
German economy expected to grow despite Brexit risks, minister says
Britain’s impending departure from the European Union poses a big risk, but domestic demand is still fuelling growth in the German economy, Europe’s largest, economy minister Peter Altmaier said in an interview published on Thursday (3 January).
Local organisations are fighting youth unemployment in Europe: this is how
More than three million young people are unemployed in the EU and although Europe does not have competences over the labour market, it helps fighting unemployment including through the use of the Cohesion Fund. We have travelled across Europe to find out how.
Italy’s economy minister: Lower growth, higher deficit next year
Italy on Wednesday (8 August) cut its forecasts for economic growth and said the country's public deficit this year and in 2019 would be larger than previously forecast, potentially lining it up for a clash with Brussels.
IMF concerned over global trade war
The International Monetary Fund continues to project global growth at 3.9% in 2018, but a rise in trade tensions “are an important downside risk”. EURACTIV’s partner La Tribune reports.
Ukrainian reforms – is the glass half full or half empty?
Over the last four years, Ukraine has made some tremendous changes to become a functioning market economy and a liberal democracy, a feat which is scarcely recognised by others, writes Ivan Miklos.
Member states should renew fiscal vows
In 2012, all but two EU member states committed themselves to strengthening the rules and institutions that govern their national budget preparation processes by signing the European Fiscal Compact. However, little has been done since, writes Michal Horvath.
Why we need to stabilise the Western Balkans
As Europe is confronted by different visions about its future, the question remains how these different visions will affect the developments in the Western Balkans. The Balkans remain fragile, and the external pressures and internal divisions could deliver fresh instability in the region.
EU-backed programme promotes decentralisation of politics in Ukraine
After centuries of being dependent on a central power, the villages of Ukraine are starting to feel the benefits of self-governance thanks to a European Union-backed program called U-LEAD, which has already tripled rural resources and boosted sleepy economies. EURACTIV's media partner efe-epa reports.
Russia’s economy: Still dependent on oil
After two years of recession caused by lower oil prices and western sanctions, Russia’s recovery benefits Vladimir Putin who is seeking a new term of office. However this improvement won’t last long without a structural reform. EURACTIV.fr reports.
Ethiopia’s prime minister resigns to smooth path for political reform
Ethiopia’s Prime Minister Hailemariam Desalegn suddenly resigned yesterday (15 February) in what he described as a bid to smooth reforms, following years of violent unrest that threatened the ruling party’s hold on Africa’s second most populous nation.
Strong euro worries Europe’s exporters, but little risk to growth
Some European exporters are beginning to worry about the strengthening euro which has rebounded from near parity with the dollar after Donald Trump's election, though analysts see little immediate risk to growth.
Falling investment spells trouble ahead for UK economy
Strong domestic consumption and a helping hand to exports from a weaker pound have sustained the growth of the British economy. But a downturn in investment paints a darker picture for the future. EURACTIV France reports.
Building on Europe’s nascent recovery
The economic recovery has boosted business confidence in Europe and now the message is clear: businesses want strong cooperation and a new vision for the future of Europe.
Don’t let nationalism threaten economic cooperation on EEC’s 60th anniversary
25 March sees the 60th anniversary of the signing of the Treaty of Rome in 1957, which established the European Economic Community (EEC) and set Europe on a path to closer unity. But the rise of populism strikes at the heart of this collaboration writes Michael Collins.
Commission worried Romania will miss 2017 deficit target
The European Commission is still concerned that Romania will go from registering the highest growth in the EU to racking up the biggest budget deficit. But Bucharest insists there is no cause for concern. EURACTIV Romania reports.
EU-ASEAN trade talks show signs of life
The European Union and the Association of Southeast Asian Nations (ASEAN) said today (10 March) the two blocs would try to revive plans for a trade deal, as European countries look to tap the region's strong growth.
European recovery gains momentum despite ‘Trump effect’
The European Commission is expected to revise upwards its growth forecast for Europe on Monday (13 February), showing a marked improvement over its last outlook published hours after Donald Trump was elected US president.
Chinese president defends globalisation, rebuffs protectionism
As world leaders gathering in Davos on Tuesday (17 January) tried to make sense of recent economic and political turmoil, Chinese President Xi Jinping made a fervent case for globalisation.
Eurozone manufacturing: Fresh data shows steady recovery
The year's first economic numbers show encouraging signs that the eurozone’s economic recovery is steady and moving in the right direction, despite gloomy predictions.
Tangible results on the road to reform in Ukraine
In signing four projects with Ukrainian officials in Brussels today, EIB will have fulfilled its €3 billion obligation to Ukraine. Instead of providing general aid, the EIB supports very specific projects, writes Vazil Hudák.
