European Economy News
Europe has a painful choice: War vs welfare
Despite promising to raise military spending since Russia’s invasion of Ukraine, European nations, Germany in particular, are proving reluctant to sacrifice their generous welfare programs to pay for it.
8 min read14 Sep 2024Can anything spark Europe’s economy back to life?
Mario Draghi, the continent’s unofficial chief technocrat, has a plan
7 min read10 Sep 2024‘Super Mario’ Draghi pitches radical change to fix Europe’s economy
The 77-year-old former ECB delivered his prescription for jump-starting Europe’s sluggish economy and strengthening its defense industry.
5 min read9 Sep 2024Mint Primer: From Europe to India, why are farmers angry?
Beginning January, farmers from several member-nations of the European Union (EU)—Belgium, Bulgaria, France, Germany, Hungary, Italy, Poland and Spain—invaded cities with their tractors, blocking access to ports and highways and choking city centres.
2 min read12 Feb 2024Security tightened at Cologne Cathedral over New Year’s Eve attack threat
Security hiked at Cologne Cathedral for Christmas amid attack threat
1 min read24 Dec 2023Market Outlook: Morgan Stanley lists 10 surprises that may affect global equities in 2024
2023 in review: Morgan Stanley remains optimistic about the outlook for global market macros in 2024, foreseeing another positive period. The brokerage has identified ten potential surprises that could significantly impact global markets in 2024.
12 min read18 Dec 2023Eurozone banking stocks suffer strong losses as Italy approves 40% windfall tax
Eurozone banking stocks fall as Italy approves 40 per cent windfall tax on banks’ extra profits, to be applied in 2023.
1 min read8 Aug 2023Russia’s war on Ukraine is changing Europe
It is prompting a big shift in France and Germany
5 min read9 Jun 2023The battle for Europe’s economic soul
Policymakers in Brussels ready their response to America’s protectionism
4 min read1 Jun 2023How fast can European steelmakers decarbonise?
One of Europe’s dirtiest industries has ambitious plans to go green
6 min read17 May 2023Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared