Inflation

Germany announces €23 billion tax cuts to help inflation-hit households
Business

Germany announces €23 billion tax cuts to help inflation-hit households

The €23 billion package of tax cuts is aimed at supporting household budgets already hit by inflation. This will be…
Short-stay Schengen visa costs are going up from June: Here’s what you need to know
Travel

Short-stay Schengen visa costs are going up from June: Here’s what you need to know

The cost of a Schengen visa is going up this June, the European Commission has confirmed. It is increasing in…
Spanish inflation rises for third consecutive month as energy costs climb
Business

Spanish inflation rises for third consecutive month as energy costs climb

Spain’s CPI inflation rose at an annual rate of 3.6% in May, according to preliminary data released by the Instituto…
Eurozone inflation accelerates in May: Are ECB rate cuts in doubt?
Business

Eurozone inflation accelerates in May: Are ECB rate cuts in doubt?

Eurozone inflation surged in May, surpassing economists’ expectations just days before the European Central Bank (ECB) is set to convene…
WEF: Economic outlook improves for 2024, but geopolitical woes remain
Business

WEF: Economic outlook improves for 2024, but geopolitical woes remain

The World Economic Forum (WEF) released its latest Chief Economists outlook on Wednesday, which surveys top economists from both the…
German inflation rises as consumer confidence hits 2-year high
Business

German inflation rises as consumer confidence hits 2-year high

Germany’s annual inflation recorded its first increase of 2024 in May, aligning with economists’ forecasts. According to preliminary data published…
Ahead in the market: All eyes remain focused on inflation
Business

Ahead in the market: All eyes remain focused on inflation

Some key economic data will drive market sentiment, with the Consumer Price Indices (CPIs) from major European countries set to…
Fresh hint that ECB might be set to cut interest rates at June meeting
Business

Fresh hint that ECB might be set to cut interest rates at June meeting

There are indications that the European Central Bank (ECB) may be planning to cut interest rates at its meeting next…
Shoppers hit by rising prices as costs seen to soar over past five years
Business

Shoppers hit by rising prices as costs seen to soar over past five years

The cost of olive oil rose by 113.8% between March 2019 to March 2024, with rises for baked beans and…
Wake up and smell the coffee but where’s the best value espresso?
Business

Wake up and smell the coffee but where’s the best value espresso?

Coffee prices hardly increased in the EU in March, they inched up by 1% on average, hitting a 32-month-low inflation…
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