eurozone-economy
3 stories related to this topic, newest first.
riotimesonline.comCyprus, Bulgaria and Spain Lead Eurozone Growth in First Quarter of 2026
The eurozone expanded 0.8 percent year-on-year in the first quarter of 2026 while Cyprus grew 3.0 percent, Bulgaria 2.9 percent and Spain 2.7 percent. Eurostat reported the wider European Union grew 1.0 percent annually, trailing the United States at 2.7 percent.
news.google.comECB Official Says Rate Hikes Increasingly Likely as Inflation Outlook Worsens
An ECB governing council member told Handelsblatt that significant inflation remains ahead and that interest rate increases are becoming more probable. The official said the baseline economic scenario no longer applies and policymakers are shifting to an adverse one. The comments…
Authors of the study: Pasquale Borrelli, David A. Robinson, Panos Panagos, Emanuele Lugato, Jae E. Yang, Christine Alewell, David Wuepper, Luca Montanarella, and Cristiano Ballabio / Wikimedia (CC BY 4.0)Eurozone GDP Contracts 1% in Q2 2026, First Decline Since Late 2024
The eurozone economy contracted in April for the first time in 16 months, driven by the ongoing Middle East war. Preliminary data indicates a 0.1% GDP decline in the second quarter of 2026. The service sector experienced its sharpest fall since early 2021 pandemic lockdowns.