EUROZONE
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REPORTS
EU under fire for prioritizing arms over social justice
The European Central Bank warns that US tariffs on EU goods could further damage the eurozone economy.
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EU Central Bank says eurozone ‘coming closer’ to contraction in 2023
Uncertainty over oil and gas imports from Russia is moving the eurozone closer to a contraction in 2023.
REPORTS
Nord Stream sabotage amid record inflation has West reeling
New inflation data shows that the United States and the Eurozone are mired in record inflation.
EU
Europe’s economic outlook ‘darkening’ amid soaring prices, ECB warns
The chief of the European Central Bank (ECB) has warned that the economic outlook “is darkening” and that business activity could “slow substantially” in the coming months amid skyrocketing food and energy prices in the wake of the Ukraine war.
EU
Eurozone economic downturn deepens, raising fears of recession
European economic activity has reduced again this month, according to a new survey, giving rise to fear of a looming recession.
RUSSIA
Europe braces for worst winter as energy shock bites: EU official
The European Union is bracing for a recession in the wake of skyrocketing gas prices and soaring inflation, as the coming winter is likely to be "one of the worst in history," according to a top EU official.
FRANCE
Biggest union warns Macron: Reforming pensions would ‘set France on fire’
“To start pushing back the legal retirement age in a vertical and brutal way is to set the country on fire.”
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