Inflation
Boris Johnson arrives at NATO under pressure to boost UK defense spending
View from the summit: A self-defeating G7 fails on all fronts
German and French consumer sentiment tanks
In Greece, holidaymakers are back but workers are in short supply
Control freaks: G7 leaders push to cap oil prices
Italy’s economy enters choppy waters
G7 unveils $600B plan to combat China’s Belt and Road
Beijing is increasing its global reach through major investments in Africa and Asia.
Stormclouds at home dampen Biden’s return to Europe
The president kicked off the G-7 summit in Germany hoping to rally the world’s leading democracies, but turmoil in Washington hangs over the proceedings.
Central banks must act decisively as stagflation risks loom: BIS
‘Lingering disruptions from the pandemic, the war in Ukraine, soaring commodity prices and financial vulnerabilities cloud the outlook,’ BIS says.
Mission Not Yet Accomplished: Biden heads to Europe hoping to keep Ukraine coalition intact
The upcoming G-7 trip in some ways represents a taller task than the last time the president went to the continent.
With Merkel gone, Germany gets tough on Brexit
New German Chancellor Olaf Scholz has Boris Johnson firmly in his sights.
EU leaders agree the economic outlook is bleak, but split over the remedies
There was little interest in a special summit in July, despite the pressing economic challenges.
German business sentiment sours amid gas-shortage fears
The results come a day after Berlin warned of a high risk to long-term gas supply shortages.
Eurozone economic growth shows ‘signs of faltering,’ says key business survey
The PMI survey of 5,000 companies is considered one the most reliable leading indicators for economic growth.
Mission Not Yet Accomplished: Biden heads to Europe hoping to keep Ukraine coalition intact
The upcoming G7 trip in some ways represents a taller task than the last time the president went to the continent.
A wonk’s guide to the Czech EU presidency policy agenda
With Europe beset by multiple crises, Prague will focus on energy security, trade deals and climate change.
Czech Republic braces for rocky EU presidency amid Ukraine war, high inflation
The Central European country will be working on a shoestring budget — and under close scrutiny of its commitment to green issues.
Two-thirds of Europeans see EU membership as a good thing, survey says
Eurobarometer finds 10 percent of respondents view Russia favorably.
ECB: Private sector doesn’t expect eurozone stagflation
‘Current expert forecasts remain far from a stagflation scenario,’ says Central Bank.
UK inflation hits 40-year high of 9.1 percent in May
Rising energy, fuel, food and housing costs are driving the trend.
Commission staff get pay raise — against its own advice
The EU executive has long opposed the so-called automatic indexation of wages to inflation.
German producer prices rise at record speed in May
It suggests consumer price inflation has not yet reached its peak.
Amid antitrust brawls, France’s competition chief stays in his lane
Benoît Cœuré has disavowed a wider role for antitrust enforcers even as he prepares to announce a major decision against Google.
As inflation spirals, can Brexit still be Boris Johnson’s trump card?
Cost of living dominates voter concerns ahead of crunch Wakefield by-election.
Race against time to unlock Ukraine’s trapped grain
Western governments are scrambling to bolster a patchwork of land routes to export the grain before the summer harvest.
Hungary’s tax veto leaves EU adrift and Bruno Le Maire burned
A tax deal was a top priority for the French Presidency.
Bank of England hikes rates for fifth time to battle soaring inflation
The move comes as central banks worldwide step up their efforts to tame inflation.
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Freedom comes at a price — European voters may not want to pay it
Amid the political turbulence caused by the pandemic and the war in Ukraine, incumbent governments are in trouble.