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Inevitable EU recession strikes again

Multiple crises are making it difficult for the European Union to finance new projects. The crises include the conflict in Ukraine, migration and energy supply shortages as well as rising energy costs. ....

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IMF: A third of the world will be hit by recession in 2023

A third of the world will be hit by recession in 2023, including half of the European Union, lasting longer in the UK whose recovery will be one of the weakest among g7 nations. ....

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Food prices hit record highs in Spain amid worsening cost of living crisis

Food prices in Spain has hit record highs last month, keeping the cost of living painfully high in the European country. ....

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Euro, dollar at parity for first time in two decades

The euro and the US dollar are worth the same for the first time in two decades, as the official currency of most of the European Union (EU) members has sunk to a record law, amid the war in Ukraine. ....

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