Showing 1 - 10 of 3,467
Tourism boom sparks backlash in historic heart of Athens
AFP, Published on 04/08/2025
» ATHENS - Surrounded by a hubbub of blaring music, restaurant terraces and rumbling suitcase wheels slaloming between overflowing litter bins, Giorgos Zafeiriou believes surging tourism has made his historic Athens neighbourhood unrecognisable.
ECB cuts rates again but pause seen ahead
AFP, Published on 05/06/2025
» FRANKFURT - President Christine Lagarde said the European Central Bank was in a "good place" to deal with global uncertainty as it cut interest rates again on Thursday, fuelling expectations it might soon hit pause after a lengthy easing cycle.
Trade war stifling global economic growth, says OECD
AFP, Published on 03/06/2025
» PARIS - The OECD slashed its annual global growth forecast on Tuesday, warning that US President Donald Trump's tariffs blitz will stifle the world economy -- hitting the United States especially hard.
Trump tariffs force EU to cut 2025 eurozone growth forecast
AFP, Published on 19/05/2025
» BRUSSELS (BELGIUM) - The EU on Monday sharply cut its eurozone economic growth forecast for 2025 because of global trade tensions sparked by US President Donald Trump's sweeping tariffs.
Will the global economy stall?
News, Published on 21/04/2025
» The timing could hardly have been less propitious. Just as the world economy was showing signs of stabilising, the odds of a policy-induced global recession have risen significantly. The latest update to the Brookings-FT Tiger index reveals a mixed picture, with the financial index declining and private-sector confidence crumbling even as macroeconomic data (which lag the other indicators) suggest a more benign scenario.
Germany gears up for massive rearmament
AFP, Published on 05/03/2025
» BERLIN - Germany is set to rearm in a way not seen since World War II after the likely next chancellor Friedrich Merz said his government would vastly increase defence spending.
Seize or freeze? Friction in Europe over Russian assets for Ukraine
AFP, Published on 05/03/2025
» PARIS - As Europe scrambles to boost military aid to Ukraine, calls are intensifying to fund it by seizing tens of billions of euros in frozen Russian assets, in an issue causing tension between European allies.
The effects of Trump's Ukraine deal
News, Published on 24/02/2025
» At the end of World War I, John Maynard Keynes was part of the British delegation to the Paris Peace Conference, where the victorious Allies dictated the peace terms for the defeated Central Powers. He emerged from the conference distraught. As he subsequently wrote in The Economic Consequences of the Peace, delegates' focus on short-term political considerations, including the desire to "punish" Germany for its aggression, would come at the cost of long-term social and political stability in Europe. It is a warning worth remembering today.
Scramble for Wall St alternatives
Oped, Published on 21/02/2025
» Global investors finally appear to be doubting the wisdom of keeping all their eggs in one basket. A decade of exceptional US investment returns may, therefore, be cresting just as Donald Trump's "America First" programme returns to Washington.
German economy shrinks again amid political crisis
AFP, Published on 15/01/2025
» FRANKFURT - Germany's economy shrank for a second straight year in 2024, official figures showed Wednesday, with little hope of a speedy recovery as Europe's traditional powerhouse is also mired in political crisis.