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Latvia’s Economy Grows at EU’s Fastest Pace, Exceeds Forecasts

Latvia’s economy expanded at the quickest pace in the European Union in the third quarter, fueled by trade, manufacturing and construction. Gross domestic product grew a preliminary 5,3 percent from a...

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Even VW Now Feels the Weight of Europe’s Economic Troubles

The troubled European car market is now dragging down even Volkswagen, the region’s leading automaker, as vehicle sales on the Continent have declined to their lowest levels in decades. Until now,...

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German business confidence rises in June

Germany’s Ifo index of business sentiment rose slightly in June, raising hopes that the eurozone’s largest economy is returning to stronger growth. The index rose to 105,9, up from 105,7 the month...

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French economy shows slight recovery signs

France’s economy showed signs of timid recovery in August with bosses in manufacturing industry reporting a rise in orders but the construction industry remaining depressed. But they still expected...

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Ifo index heralds better business in Germany

Germany’s closely-watched Ifo business sentiment index has increased for the fourth consecutive month in August. The rise is an indication that the recovery in Europe’s biggest economy seems set to...

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UK ‘fastest-growing Western economy’

The UK is set to grow faster than any other Western economy, according to the ICAEW — the body representing English and Welsh accountants. Its monitor of business confidence, sponsored by accountants...

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UK services sector outlook: what the economists say

Growth eased in December, but confidence is rising. Here is what economists make of the latest surveys Although the CIPS services survey softened again in December, it still suggests that the recovery...

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Why the UK economy turned around in 2013

What a difference a year makes… Former British Labour Prime Minister Harold Wilson famously said «a week, in politics, is a long time». Well what a difference the last year has made to the economics of...

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Slower immigration could lop 11 percent off UK economy — study

But a halving of net migration over the period to 2060 would have «strong negative effects» on the economy, said the new study, published by the independent National Institute of Economic and Social...

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Britain on course to become strong man of Europe

Centre for Economics and Business Research (CEBR) predicts the UK will move up one place to overtake France as the world’s fifth-largest economy by 2018, and leapfrog Germany by 2030 Britain will...

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