Europe’s Major Economies Notch Stronger Than Expected Growth in Q1  

May 24, 2024

FRANKFURT, Tuesday, May 7, 2024 – Europe’s main economies emerged from a shallow recession in the first quarter of 2024, exceeding expectations with modest growth. The positive signs follow a year of virtual stagnation, a Bloomberg news report said. According to figures released Tuesday April 30, by Eurostat, the European Union’s statistical agency, the eurozone […]

IMF Warns Europe Risks Falling Behind US Economy By 2029

November 22, 2024

Catenaa, Thursday, November 21, 2024- The International Monetary Fund (IMF) has warned that Europe’s economy is set to lag further behind the US by 2029, citing aging demographics, stagnant productivity, and lackluster business investment as key hurdles.  The IMF’s latest European Economic Outlook predicts annual GDP growth of just 1.45% for the continent over the […]