Browsing: Business

– As a result of new guidance issued by the European Commission, EU countries now have the opportunity to apply for additional fiscal leeway for energy security investments through 2028. This policy extends a pre-existing national escape clause, initially used

– On Friday, global markets for precious metals saw a decline, with spot gold prices falling, setting the stage for a weekly downturn. Data indicated that spot gold decreased by 0.5 percent to trade at $4,326.75 per ounce. Meanwhile, United

Italy’s annual consumer inflation rate experienced a modest easing to 2.9 percent in July 2026, down from 3.0 percent in June, as per the finalized figures released by the national statistics agency Istat. The official data was revised upward from

– According to official final figures, Spain’s annual consumer price inflation increased to 3.6% in July, up from 3.2% in June. This exceeded the initial flash estimate of 3.5% issued on July 30. Prices paid by consumers rose by 0.3%

– In June 2026, industrial activity within the euro area remained flat compared to May, while the European Union experienced a modest growth of 0.2%, according to Eurostat. These figures, seasonally adjusted, followed a 0.3% monthly increase in both regions

– Italy’s annual consumer inflation rate decreased to 2.9% in July 2026 from 3.0% in June. Final national data published on Aug. 12 indicated that consumer prices increased by 0.3% compared to June. Initially, at the end of July, preliminary

– The latest data reveals that Denmark’s annual consumer price inflation slowed to 1.7% in July from 1.9% in June, according to Statistics Denmark. This decrease was driven by a 1.3% rise in consumer prices from June, mainly due to

– Official data revealed that Sweden’s industrial production contracted by 1.5% in June compared to the previous year. Additionally, output experienced a seasonal-adjusted decrease of 0.4% from May, indicating a less vigorous month for the nation’s manufacturing sector. Statistics Sweden

– The European Union could see its economic output shrink by approximately 1% in 2026 due to the impacts of summer heat and drought conditions, according to Triodos Bank. This decline, estimated at around €180 billion, occurs amid a year

– The European Union has taken a major step toward bolstering its satellite communications capabilities by signing a binding implementation agreement with the SpaceRISE consortium to expand the IRIS² satellite constellation. This milestone follows detailed technical and financial negotiations that