Greek Economy Projected to Grow 2.2-2.4% in 2025
Greece's State Budget Office projects 2.2-2.4% economic growth in 2025, driven by private consumption and exports, with a realistic goal of €2.5 billion annually from reduced tax evasion; Q3 2024 saw 2.4% GDP growth.
Greek Economy Projected to Grow 2.2-2.4% in 2025
Greece's State Budget Office projects 2.2-2.4% economic growth in 2025, driven by private consumption and exports, with a realistic goal of €2.5 billion annually from reduced tax evasion; Q3 2024 saw 2.4% GDP growth.
Progress
32% Bias Score
ECB to Cut Interest Rates Further Amid Weak Growth
The European Central Bank (ECB) plans further interest rate cuts if inflation continues to fall, prioritizing weak economic growth over inflation concerns, with President Lagarde hinting at a 'neutral' rate between 1.75% and 2.5%.
ECB to Cut Interest Rates Further Amid Weak Growth
The European Central Bank (ECB) plans further interest rate cuts if inflation continues to fall, prioritizing weak economic growth over inflation concerns, with President Lagarde hinting at a 'neutral' rate between 1.75% and 2.5%.
Progress
44% Bias Score
Eurozone Faces 15 Years of Stagnant Growth Unless Reforms Implemented
The Conference Board predicts the Eurozone will experience a mere 0.9% annual growth until 2039 without significant structural reforms, but with such reforms, growth could reach 2.4% annually, potentially halving the GDP gap with the US.
Eurozone Faces 15 Years of Stagnant Growth Unless Reforms Implemented
The Conference Board predicts the Eurozone will experience a mere 0.9% annual growth until 2039 without significant structural reforms, but with such reforms, growth could reach 2.4% annually, potentially halving the GDP gap with the US.
Progress
56% Bias Score
Vazrazhdane's Narrow Miss: Two Votes Away From Power
By a margin of two votes, the Bulgarian political party "Vazrazhdane" failed to support Silvi Kirilov's bid for parliamentary speaker, losing a key chance to enter a governing coalition and significantly impact national policy decisions, especially regarding the euro adoption and climate change agen...
Vazrazhdane's Narrow Miss: Two Votes Away From Power
By a margin of two votes, the Bulgarian political party "Vazrazhdane" failed to support Silvi Kirilov's bid for parliamentary speaker, losing a key chance to enter a governing coalition and significantly impact national policy decisions, especially regarding the euro adoption and climate change agen...
Progress
40% Bias Score
ECB Cuts Interest Rates for Fourth Time in 2023
The European Central Bank (ECB) reduced its key interest rates by 25 basis points on December 12, 2023, marking the fourth rate cut this year, bringing the deposit facility rate to 3 percent, the main refinancing operation rate to 3.15 percent, and the marginal lending facility rate to 3.4 percent, ...
ECB Cuts Interest Rates for Fourth Time in 2023
The European Central Bank (ECB) reduced its key interest rates by 25 basis points on December 12, 2023, marking the fourth rate cut this year, bringing the deposit facility rate to 3 percent, the main refinancing operation rate to 3.15 percent, and the marginal lending facility rate to 3.4 percent, ...
Progress
32% Bias Score
ECB Cuts Rates, Markets Swing on Lagarde's Comments
The European Central Bank (ECB) cut interest rates for the fourth time this year on Thursday, abandoning its pledge to keep rates restrictive, sending Eurozone markets into a swing as investors reacted to President Christine Lagarde's comments.
ECB Cuts Rates, Markets Swing on Lagarde's Comments
The European Central Bank (ECB) cut interest rates for the fourth time this year on Thursday, abandoning its pledge to keep rates restrictive, sending Eurozone markets into a swing as investors reacted to President Christine Lagarde's comments.
Progress
56% Bias Score
Lagarde Warns of US Trade Policy Risks to EU Economy
ECB President Christine Lagarde warned on Monday that US trade policies under President-elect Donald Trump could negatively impact the EU economy, citing potential tariffs and geopolitical risks as factors that could slow growth. She also hinted at further interest rate cuts if inflation continues t...
Lagarde Warns of US Trade Policy Risks to EU Economy
ECB President Christine Lagarde warned on Monday that US trade policies under President-elect Donald Trump could negatively impact the EU economy, citing potential tariffs and geopolitical risks as factors that could slow growth. She also hinted at further interest rate cuts if inflation continues t...
Progress
48% Bias Score
Global Central Banks Set Interest Rates Amidst Mixed Economic Indicators
This week, major central banks will set interest rates, while PMIs for key economies show varied performances. The US Fed is expected to cut rates, whereas the BoJ might increase its rates, and the BoE will likely maintain its policy rate.
Global Central Banks Set Interest Rates Amidst Mixed Economic Indicators
This week, major central banks will set interest rates, while PMIs for key economies show varied performances. The US Fed is expected to cut rates, whereas the BoJ might increase its rates, and the BoE will likely maintain its policy rate.
Progress
44% Bias Score
Moody's Downgrades France's Credit Rating Amid Fiscal Concerns
Moody's downgraded France's credit rating to Aa3 from Aa2 due to concerns about the country's public finances and political instability, placing pressure on the newly appointed Prime Minister François Bayrou to address spiraling fiscal deficits.
Moody's Downgrades France's Credit Rating Amid Fiscal Concerns
Moody's downgraded France's credit rating to Aa3 from Aa2 due to concerns about the country's public finances and political instability, placing pressure on the newly appointed Prime Minister François Bayrou to address spiraling fiscal deficits.
Progress
44% Bias Score
ECB Cuts Rates to 3%, Signaling More Easing to Come
The European Central Bank (ECB) lowered its deposit facility rate by 0.25 percentage points to 3% on Thursday, signaling confidence in its inflation target while acknowledging growth risks; economists anticipate further rate cuts but disagree on the pace and endpoint.
ECB Cuts Rates to 3%, Signaling More Easing to Come
The European Central Bank (ECB) lowered its deposit facility rate by 0.25 percentage points to 3% on Thursday, signaling confidence in its inflation target while acknowledging growth risks; economists anticipate further rate cuts but disagree on the pace and endpoint.
Progress
24% Bias Score
Bundesbank sharply cuts German growth forecast, predicts recession
The Bundesbank drastically lowered its German economic growth forecast for 2024 to a 0.2% contraction and 0.2% for 2025, citing persistent economic headwinds, structural problems, and potential global protectionism as key factors, while predicting inflation to gradually decline to 2% by 2026.
Bundesbank sharply cuts German growth forecast, predicts recession
The Bundesbank drastically lowered its German economic growth forecast for 2024 to a 0.2% contraction and 0.2% for 2025, citing persistent economic headwinds, structural problems, and potential global protectionism as key factors, while predicting inflation to gradually decline to 2% by 2026.
Progress
44% Bias Score
ECB Cuts Key Interest Rate to 3.00% Amid Economic Slowdown
The European Central Bank (ECB) lowered its key interest rate from 3.25% to 3.00% on Thursday due to weakening economic prospects and decreasing inflation concerns, marking the fourth such cut this year. This decision follows previous easing steps in September and October and comes amid political un...
ECB Cuts Key Interest Rate to 3.00% Amid Economic Slowdown
The European Central Bank (ECB) lowered its key interest rate from 3.25% to 3.00% on Thursday due to weakening economic prospects and decreasing inflation concerns, marking the fourth such cut this year. This decision follows previous easing steps in September and October and comes amid political un...
Progress
36% Bias Score