Economic Growth

EU slashes its forecasts for economic growth

Feb 7, 2019

European Union officials have slashed their growth forecast for the 19 countries that use the euro, saying even the reduced forecast was vulnerable to "large uncertainty" from slowing growth in China and weakening global trade

'Fog of Brexit' means UK could enter recession this year

Feb 7, 2019

The British economy is forecast to grow at its slowest rate since the global financial crisis a decade ago as the "fog of Brexit" causes heightened uncertainty.

The Latest: UK economy would be boosted by clarity on Brexit

Feb 7, 2019

Bank of England Governor Mark Carney says an easing in Brexit uncertainty could give the British economy a big boost

EU Commission slashes forecast for eurozone economic growth this year to 1.3 percent from 1.9 percent previously

Feb 7, 2019

EU Commission slashes forecast for eurozone economic growth this year to 1.3 percent from 1.9 percent previously

EU nixes deal to create rail giant able to stand up to China

Feb 6, 2019

European Union authorities have blocked a deal to create a rail giant that could compete with China, angering France and Germany, which vowed to change the way the EU works.

German factory orders slide in December, undercut forecasts

Feb 6, 2019

Official data show that German factory orders were down 1.6 percent in December compared with the previous month, a worse-than-expected performance that adds to worries about slowing growth in Europe's biggest economy

Report suggests Germany may miss defense spending target

Feb 5, 2019

Germany's tightening public finances are raising questions over whether the country will miss its military spending target at a time when the U.S. is increasing pressure on its European allies to increase defense budgets

Eurozone growth falters further at the start of 2019: survey

Feb 5, 2019

A closely watched survey is showing that economic growth across the 19-country eurozone dipped further at the start of 2019 and to its lowest level in five-and-a-half years

Germany faces tighter public finances as growth slows

Feb 4, 2019

Germany's government is grappling with the prospect of tighter public finances over the coming years as economic growth slows

World shares mostly higher after Fed signal on rates

Jan 31, 2019

Stock markets are mostly higher after the U.S. Federal Reserve signaled it would be slower to raise interest rates and investors eyed the end of U.S-China trade talks.

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