Another Europe News
Euro inflation eases, unemployment at new record – economy
http://www.euronews.com/ The financial markets are more and more expecting an interest rate cut by the European Central Bank at their meeting this week as inflation in the eurozone fell to a three-year low in April and unemployment hit a new record.
Cutting interest rates would show investors the ECB is concerned about the poor state of the region’s economy.
In April the rate of increase in the cost of living was up 1.2 percent compared with the same month last year.
That means it was well below the ECB’s target of close to, but below 2.0 percent, raising pressure on the central bank to act to aid growth.
According to a poll of economists carried out last week by Reuters, a narrow majority of them expect a 0.25 percent interest rate cut on Thursday at the ECB’s monthly policy meeting in Bratislava.
That would take the bank’s benchmark rate to a record low of 0.5 percent.
“It’s a close call, but we expect a rate cut this week,” said Sarah Hewin, a senior economist at Standard Chartered Bank.
“With inflation weaker than expected, unemployment rising yet again and signs of a longer recession, it would be a confidence boost,” she said.
Low inflation reflects an economy stuck in recession, as do the latest eurozone unemployment numbers.
In March 19.2 million people were without jobs – the highest level since the eurozone’s creation in 1999.
The overal total is 12.1 percent of the workforce – while nearly one in four young Europeans are unemployed.
The grim total calls into question the ECB’s forecast that the economy will show signs of recovery in the second half of the year.
Increasing numbers of economists and politicians are complaining that austerity creates a damaging cycle where governments cut back, companies lay off staff, Europeans buy less and young people have little hope of finding employment.
But a modest interest rate cut is unlikely to be a game-changer.
Borrowing costs are already low, if you fear losing your job, you are not likely to borrow, and banks are in any case reluctant to lend to indebted households and to companies struggling to sell their goods.
Find us on:
Youtube http://bit.ly/zr3upY
Facebook http://www.facebook.com/euronews.fans
Twitter http://twitter.com/euronews
source
Pelin Ünker found guilty of “defamation and insult” for writing about companies owned by former Prime Minister Yildirim…
READ MORE : http://www.euronews.com/2019/01/09/turkish-reporter-sentenced-to-jail-over-paradise-papers-investigation
What are the top stories today? Click to watch: https://www.youtube.com/playlist?list=PLSyY1udCyYqBeDOz400FlseNGNqReKkFd
euronews: the most watched news channel in Europe
Subscribe! http://www.youtube.com/subscription_center?add_user=euronews
euronews is available in 13 languages: https://www.youtube.com/user/euronewsnetwork/channels
In English:
Website: http://www.euronews.com/news
Facebook: https://www.facebook.com/euronews
Twitter: http://twitter.com/euronews
Google+: http://google.com/+euronews
VKontakte: http://vk.com/en.euronews
source
Another Europe News
Euronews Culture’s Film of the Week: ‘Primetime’ – Robert Pattinson needs to catch his predator…
Euronews Culture’s Film of the Week: ‘Primetime’ – Robert Pattinson needs to catch his predator (and ratings)
Lance Oppenheim’s narrative debut features a masterful turn from Robert Pattinson in a dark media satire about blurring the lines between journalism and exploitation. Primetime will fascinate and occasionally frustrate as a surface-level mood piece.
Spark your senses, wake your wonder. Euronews Culture seeks to show creativity in action and inspire our audience to explore the world through the five senses. Start your journey through the best of Europe’s arts, gastronomy, traditions and high-end craftsmanship.
#Cinema
source
Germany and Japan strengthen economic ties as global tensions rise
German Chancellor Friedrich Merz and Japanese PM Sanae Takaichi agreed in Tokyo on Wednesday to deepen cooperation on economic security and high tech. It is Merz’s first visit to Japan since taking office in May 2025.
READ MORE : http://www.euronews.com/2026/10/28/germany-and-japan-strengthen-economic-ties-as-global-tensions-rise
Subscribe to our channel: https://www.youtube.com/c/euronews?sub_confirmation=1
Watch our LIVE here: https://www.youtube.com/c/euronews/live
Subscribe to our thematic channels:
NoComment: https://www.youtube.com/c/nocommenttv?sub_confirmation=1
Euronews Green: http://bit.ly/2sMsaDB
Euronews Next: https://www.youtube.com/c/EuronewsNext?sub_confirmation=1
Euronews Travel: https://www.youtube.com/c/EuronewsTravel?sub_confirmation=1
Euronews is available on YouTube in 12 languages: https://www.youtube.com/user/euronewsnetwork/channels
#EuropeNews
source
Italy is waiting expectantly for president Giorgio Napolitano to announce whether or not Matteo Renzi is the right choice for prime minister.
Although reactions to former PM Enrico Letta’s resignation are mixed, many people have spoken out about the need to speedily settle the country’s political situation.
“We hope Renzi will be able to impose from the beginning the the change of pace he demanded of Letta,” said one resident of Rome.
“The country needs it and further loss of credibility wit…
READ MORE : http://www.euronews.com/2014/02/16/high-hopes-for-a-stronger-government-in-italy
euronews: the most watched news channel in Europe
Subscribe! http://eurone.ws/10ZCK4a
euronews is available in 14 languages: http://eurone.ws/17moBCU
In English:
Website: http://www.euronews.com/news
Facebook: http://www.facebook.com/euronews
Twitter: http://twitter.com/euronews
Google+: http://google.com/+euronews
VKontakte: http://vk.com/en.euronews
source
“If young people don’t have a roof over their heads, they can’t start a family. It’s an emergency.”
EU Commissioner Dan Jørgensen tells #EuropeToday that the continent has to “act” to solve its housing crisis after the bloc unveiled measures to curb short-term rentals.
source
Turkish reporter sentenced to jail over Paradise Papers investigation
Residents unconvinced by Mexico’s strict anti-smoking laws
Their centre-half said it was a rubbish penalty in slightly different terms
Euronews Culture’s Film of the Week: ‘Primetime’ – Robert Pattinson needs to catch his predator…
‘EU’s environmental policy must be part of defence strategy,’ Commissioner Roswall says
EVERY ANGLE OF THE MEN’S 100m! 🔥 | European Athletics Championships Birmingham 2026
SARAH REGENSBURGER Fuses British Tartan and Persian Craft for S/S 27 | London Fashion Week
Germany and Japan strengthen economic ties as global tensions rise
Inside Liberland, the Balkan micronation becoming the first country to be built in the metaverse
Rodri controlled everything
High hopes for a stronger government in Italy
Japanese troops return to Philippines to provide aid for Typhoon Haiyan victims
World leader in Earth observation made in Europe: Small satellites from Finland see everything
Dan Jørgensen: EU housing crisis “is an emergency”
EU closely monitors suspected pneumonic plague outbreak in Siberia
euronews U talk – Education: Balancing costs and benefits of the Bologna process
Video: Vigilantes chase, whip women in ‘anti-prostitution’ raid on Peru night club
Battery power: the hunt for stable renewable energy storage
G7 summit looks to bolster recovery – economy
Hamas elects Yahya Sinwar as Gaza leader
🏴 EFL CHAMPIONSHIP STADIUMS 2025/26
Go Behind The Scenes with Vanessa Hessler for Clips Fall/Winter 2012-13 Campaign Shoot | FashionTV
Miedema strikes to get Arsenal back on track ⚡ | Arsenal 1-0 Everton | WSL highlights
INVINCIBLE. 🏆 | The best of Granit Xhaka for Bayer Leverkusen in 2023/24 🔥
“There’s got to be a clear-out” 😤 | What’s next for Rangers after Celtic defeat?
Carlsberg CEO
Student trip to Mallorca fuels Spanish COVID-19 outbreak
Why Sweden’s Krona is Outperforming the Euro
Electric anti-rape underwear developed to protect women in India
Victoria’s Secret Fashion Show 2013-2014 ft Taylor Swift & Adriana Lima| FashionTV
-
Tech EU News3 years agoeuronews U talk – Education: Balancing costs and benefits of the Bologna process
-
Another Europe News2 years agoVideo: Vigilantes chase, whip women in ‘anti-prostitution’ raid on Peru night club
-
Tech EU News3 years agoBattery power: the hunt for stable renewable energy storage
-
Another Europe News3 years agoG7 summit looks to bolster recovery – economy
-
Tech EU News3 years agoHamas elects Yahya Sinwar as Gaza leader
-
Sports EU1 year ago
🏴 EFL CHAMPIONSHIP STADIUMS 2025/26
-
Fashion3 years agoGo Behind The Scenes with Vanessa Hessler for Clips Fall/Winter 2012-13 Campaign Shoot | FashionTV
-
Sports EU2 years ago
Miedema strikes to get Arsenal back on track ⚡ | Arsenal 1-0 Everton | WSL highlights
-
Sports EU2 years ago
INVINCIBLE. 🏆 | The best of Granit Xhaka for Bayer Leverkusen in 2023/24 🔥
-
Sports EU2 years ago“There’s got to be a clear-out” 😤 | What’s next for Rangers after Celtic defeat?
You must be logged in to post a comment Login