Author: Euronews

Germany’s commercial real estate crisis could mean trouble for the country’s banks due to their high exposure to the sector. ADVERTISEMENTEurope’s rapidly deteriorating commercial real estate crisis could potentially impact its banks as well. Back in July 2023, European banks had about €1.4 trillion tied up in loans to the commercial property sector, according to the European Banking Authority (EBA).Germany has been particularly hit, especially due to the country currently dealing with the deepest real-estate crisis in several years. This is mainly due to increased property developers seeing higher costs of borrowing, following soaring interest rates.This in turn has led to…

Windfall revenues from hundreds of billions in central bank assets held at Euroclear Belgium set to help arm and reconstruct the war-torn nation. Source link

Francesco Ceccato, the Chief Executive Officer at Barclays Europe, talks to Euronews’ business editor Angela Barnes about when he thinks the ECB may begin cutting interest rates – and how the forthcoming elections may impact the markets. Source link

Lawmakers clinched a political deal on year long renewal of a free trade scheme with Ukraine adding ‘emergency brakes’ for sensitive agricultural commodities in the aftermath of farmers’ protests. Source link

With UK inflation falling to its lowest in more than two years in February, what are the potential implications for tax reductions? Source link

As European voters prepare for elections in June, just over one in five want to see Brussels gain stronger powers, according to a Euronews-Ipsos poll published today. Source link

The study echoes concerns that have been raised by European and US companies operating in China. Foreign investment fell 8% last year from a year earlier as companies recalibrated their commitments in the world’s second-largest economy. Source link

Anticipation mounts as major central banks prepare to announce decisions on interest rates, influencing market dynamics and investor sentiment. ADVERTISEMENTLast week witnessed a continued surge in European stock markets, with the Euro Stoxx 50 index surpassing the historic milestone of 5,000 points for the first time. However, Wall Street’s rally lost steam, concluding the week on a negative note primarily attributed to a resurgence in bond yields. Looking Ahead:  Central Banks Set to Determine Interest RatesGlobal inflation may face risks of re-elevating due to signs of a rebound in energy prices, typically in crude oil. This resurgence poses a challenge to…

The US criminal trial was delayed during a civil proceedings about the alleged fraud in London that culminated in a judge siding with HP. Source link

As the cost of living keeps rising, Gen Zers are increasingly turning to side hustles to pay essential bills. ADVERTISEMENTHaving a side hustle early on was seen as a smart way of earning extra income, with the idea of doing something you loved and setting your own hours. Very often, it was also a way to test the waters with a new idea or passion project, with the intention of hopefully turning to it full-time, if it made enough money.However, with the cost of living having risen significantly over the last few years, side hustles have now become more of…