Eurozone Retail Trade Sees Modest November Increase, but Recovery Remains Sluggish
Eurozone retail trade saw a 0.1% increase in November 2024, driven by fuel and food sales, but remains below pre-pandemic levels due to lingering supply chain issues, the war in Ukraine, and tight budgetary conditions; experts predict a modest recovery in 2025.
Eurozone Retail Trade Sees Modest November Increase, but Recovery Remains Sluggish
Eurozone retail trade saw a 0.1% increase in November 2024, driven by fuel and food sales, but remains below pre-pandemic levels due to lingering supply chain issues, the war in Ukraine, and tight budgetary conditions; experts predict a modest recovery in 2025.
Progress
12% Bias Score
Greece Holds State Funeral for Former Prime Minister Costas Simitis
Former Greek Prime Minister Costas Simitis, architect of Greece's euro adoption and 2004 Olympics, received a state funeral in Athens on Thursday, attended by mourners and Cypriot President Nikos Christodoulides, following his death at age 88.
Greece Holds State Funeral for Former Prime Minister Costas Simitis
Former Greek Prime Minister Costas Simitis, architect of Greece's euro adoption and 2004 Olympics, received a state funeral in Athens on Thursday, attended by mourners and Cypriot President Nikos Christodoulides, following his death at age 88.
Progress
24% Bias Score
Eurozone Inflation Rises to 2.4% in December 2024
Eurozone inflation reached 2.4 percent year-on-year in December 2024, up from 2.2 percent in November, with services inflation at 4 percent. Germany's inflation was 2.6 percent.
Eurozone Inflation Rises to 2.4% in December 2024
Eurozone inflation reached 2.4 percent year-on-year in December 2024, up from 2.2 percent in November, with services inflation at 4 percent. Germany's inflation was 2.6 percent.
Progress
16% Bias Score
Dutch Inflation Soars to 4.1 Percent in December 2024
Dutch inflation hit 4.1 percent in December 2024, the highest in 18 months, driven by rising energy prices, excise duties, and increased costs for various goods, despite wage increases largely offsetting price rises in 2024.
Dutch Inflation Soars to 4.1 Percent in December 2024
Dutch inflation hit 4.1 percent in December 2024, the highest in 18 months, driven by rising energy prices, excise duties, and increased costs for various goods, despite wage increases largely offsetting price rises in 2024.
Progress
36% Bias Score
Eurozone Inflation Edges Up in December 2024, Future Risks Remain
Eurostat reported 2.4% inflation for December 2024 in the Eurozone, exceeding the ECB's target slightly but remaining below 2023 peaks; rising service prices and potential trade conflicts pose future risks.
Eurozone Inflation Edges Up in December 2024, Future Risks Remain
Eurostat reported 2.4% inflation for December 2024 in the Eurozone, exceeding the ECB's target slightly but remaining below 2023 peaks; rising service prices and potential trade conflicts pose future risks.
Progress
40% Bias Score
\"Germany's Inflation Cools to 2.2 Percent in 2024, but Concerns Remain\"
\"Germany's 2024 inflation rate fell to 2.2 percent, significantly lower than the 5.9 percent in 2023 and 6.9 percent in 2022, primarily due to decreasing energy prices and moderating wage growth; however, service and food prices remain elevated, raising concerns for 2025.\
\"Germany's Inflation Cools to 2.2 Percent in 2024, but Concerns Remain\"
\"Germany's 2024 inflation rate fell to 2.2 percent, significantly lower than the 5.9 percent in 2023 and 6.9 percent in 2022, primarily due to decreasing energy prices and moderating wage growth; however, service and food prices remain elevated, raising concerns for 2025.\
Progress
44% Bias Score
Free Instant Euro Transfers, but Soaring Banking Fees
Starting January 9th, 2025, instant eurozone bank transfers are free, but overall banking fees are rising over 5 percent, exceeding inflation, with basic service fees rising 8 percent, impacting consumers differently depending on their banking package.
Free Instant Euro Transfers, but Soaring Banking Fees
Starting January 9th, 2025, instant eurozone bank transfers are free, but overall banking fees are rising over 5 percent, exceeding inflation, with basic service fees rising 8 percent, impacting consumers differently depending on their banking package.
Progress
36% Bias Score
Spain's Strong Growth Fuels 2025 Debt Reduction Plan
The Spanish Ministry of Economy announced that Spain's 2024 economic growth (3-3.4%) exceeded expectations, contributing 40% to the Eurozone's growth, enabling a 2025 financing plan focused on debt reduction (to 101.4% of GDP) and a primary surplus.
Spain's Strong Growth Fuels 2025 Debt Reduction Plan
The Spanish Ministry of Economy announced that Spain's 2024 economic growth (3-3.4%) exceeded expectations, contributing 40% to the Eurozone's growth, enabling a 2025 financing plan focused on debt reduction (to 101.4% of GDP) and a primary surplus.
Progress
48% Bias Score
Netherlands Inflation Soars to 3.3 Percent, Outpacing European Average
In 2024, the Netherlands faced 3.3 percent inflation, significantly higher than the European average of 2.4 percent, primarily due to increased housing costs, higher taxes, and substantial wage growth, exceeding expectations and posing a significant economic challenge.
Netherlands Inflation Soars to 3.3 Percent, Outpacing European Average
In 2024, the Netherlands faced 3.3 percent inflation, significantly higher than the European average of 2.4 percent, primarily due to increased housing costs, higher taxes, and substantial wage growth, exceeding expectations and posing a significant economic challenge.
Progress
40% Bias Score
Dutch Inflation Soars to 4.1 Percent in December 2024
Dutch inflation hit 4.1 percent in December 2024, the highest in 18 months, driven by excise duty increases and rising energy prices, despite wage increases compensating for past price rises; this contrasts sharply with the Eurozone average and raises concerns about 2025.
Dutch Inflation Soars to 4.1 Percent in December 2024
Dutch inflation hit 4.1 percent in December 2024, the highest in 18 months, driven by excise duty increases and rising energy prices, despite wage increases compensating for past price rises; this contrasts sharply with the Eurozone average and raises concerns about 2025.
Progress
40% Bias Score
Germany's Inflation Remains Elevated Amidst Rising Costs and Weak Economy
Germany's inflation is expected to remain high in January due to increased CO2 taxes, higher Deutschlandticket prices, and rising service costs, with economists predicting a 2.5 percent rate and warning against rapid interest rate cuts.
Germany's Inflation Remains Elevated Amidst Rising Costs and Weak Economy
Germany's inflation is expected to remain high in January due to increased CO2 taxes, higher Deutschlandticket prices, and rising service costs, with economists predicting a 2.5 percent rate and warning against rapid interest rate cuts.
Progress
28% Bias Score
German Inflation Normalizes to 2.2 Percent in 2024, but Real Wages Remain Stagnant
Germany's 2024 inflation rate averaged 2.2 percent, a significant decrease from the previous year but still impacting purchasing power, especially for lower and middle-income families due to high energy and food costs; this follows the energy crisis triggered by the war in Ukraine.
German Inflation Normalizes to 2.2 Percent in 2024, but Real Wages Remain Stagnant
Germany's 2024 inflation rate averaged 2.2 percent, a significant decrease from the previous year but still impacting purchasing power, especially for lower and middle-income families due to high energy and food costs; this follows the energy crisis triggered by the war in Ukraine.
Progress
24% Bias Score