Tag #Eurozone

es.euronews.com
🌐 85% Global Worthiness
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No-Confidence Vote Threatens to Topple French Government

French Prime Minister Michel Barnier faces a likely no-confidence vote on Wednesday due to his use of Article 49.3 to pass a budget cutting €40 billion in public spending, triggering an unprecedented alliance between the left and far-right to oust him; this would be the first such ouster in over six...

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52% Bias Score

theguardian.com
🌐 85% Global Worthiness
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Eurozone and UK Manufacturing Slump in November 2024

November 2024 saw a sharp decline in manufacturing demand across the Eurozone and UK, with PMIs falling below 50, indicating contraction; factors include Brexit border issues, increased labor costs, and weakened global demand.

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48% Bias Score

repubblica.it
🌐 75% Global Worthiness
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Italy Unemployment Hits 20-Year Low Amid Rise in Inactive Population

Italy's unemployment rate fell to 5.8% in October 2024, the lowest in nearly 20 years, while the number of inactive people rose by 28,000, mostly women and those under 35, despite overall employment rising by 47,000.

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40% Bias Score

Decent Work and Economic Growth
it.euronews.com
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French Market Plunges Amidst Political Turmoil

Political instability in France, triggered by Prime Minister Barnier's budget plan facing opposition, sent the CAC 40 index down 1.3% on Wednesday, reaching four-month lows before a slight recovery, with French banking stocks particularly affected, amid concerns of a potential Greek-style crisis.

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48% Bias Score

de.euronews.com
🌐 75% Global Worthiness
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Inflation in Deutschland steigt auf 2,2 Prozent

Die Inflationsrate in Deutschland steigt im November auf 2,2 Prozent, getrieben von steigenden Preisen für Dienstleistungen und Lebensmittel, während Energiepreise sinken. Die EZB sieht die jüngsten Lohnverhandlungen positiv, sieht aber nur begrenzten Spielraum für Zinssenkungen.

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32% Bias Score

kathimerini.gr
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Greece's \u20ac7.935 Billion Debt Prepayment

Greece to prepay \u20ac7.935 billion in bilateral loans, utilizing a reserve fund to offset increased debt burden from retroactive interest payments.

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0% Bias Score

pt.euronews.com
🌐 85% Global Worthiness
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No-Confidence Vote Threatens to Topple French Government

French Prime Minister Michel Barnier faces a no-confidence vote on Wednesday following the use of Article 49.3 to pass a budget with €40 billion in spending cuts and €20 billion in tax increases, leading to a potential government collapse and market instability.

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60% Bias Score

politico.eu
🌐 85% Global Worthiness
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Barnier Faces Ultimatum: Budget Vote Could Topple French Government

French Prime Minister Michel Barnier needs the far-right National Rally's support to pass the social security budget by Monday, otherwise, his government could collapse, triggering a major political and financial crisis in France.

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48% Bias Score

lentreprise.lexpress.fr
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French Political Crisis Shakes European Markets

France's political turmoil, marked by budget impasse and threatened government censure, is causing market anxiety as borrowing rates spike and the benchmark stock index suffers its worst year since 2010, raising concerns about broader European repercussions.

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56% Bias Score

welt.de
🌐 75% Global Worthiness
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German Inflation Rises to 2.0% in October

Germany's inflation rose to 2.0% in October from 1.6% in September, driven by higher food and service prices, despite falling energy costs; the Bundesbank expects temporarily higher inflation in 2024.

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32% Bias Score

euronews.com
🌐 75% Global Worthiness
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ECB Warns of Mounting Eurozone Sovereign Debt Risks

The European Central Bank warns of rising sovereign debt risks in the Eurozone due to high debt levels, weak growth, and fiscal slippage.

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40% Bias Score

Decent Work and Economic Growth