Liz Alderman
Posts
Eurozone Slipped Into Recession Early in the Year
A weak recovery has been underway since then, but growth is expected to remain tepid for the remainder of the year.
Macron Faces Fresh Test as Outlook for French Finances Dims
S&P Global restated a negative outlook for France’s ability to repay mounting debt. Two other ratings agencies have lowered their views in recent weeks.
Eurozone Inflation Rate Falls to 6.1 Percent in May
The rate of price increases slowed to an annual rate of 6.1 percent in May, but food costs continued to keep inflation uncomfortably high.
The Eurozone Economy Shows Signs of Modest Growth
The countries that use the euro recorded economic expansion of 0.1 percent in the first quarter, a slight improvement over the previous quarter’s flat output.
Airbus to Double Production in China as It Moves Ahead With New Orders
The French plane maker’s deal comes despite pressure on Europe from the Biden administration to isolate Beijing.
French Business Titans Top Forbes’s Richest List
Two French business titans, Bernard Arnault of the LVMH empire and Françoise Bettencourt-Meyers of L’Oréal, are named the world’s wealthiest man and woman.
Prosecutors Raid France’s Biggest Banks in Tax Fraud Sweep
The raids were part of a widening investigation spanning four continents and involving dozens of banks in an alleged scheme to avoid paying taxes.
Leave Russia? A Year Later Many Companies Can’t, or Won’t.
Not all Western companies packed up and left Russia after its invasion of Ukraine. Some say Moscow has tied their hands, while others choose to...
Turkey’s Reeling Economy Is an Added Challenge for Erdogan
The earthquake’s staggering reconstruction bill will join other economic woes as the country’s autocratic leader faces re-election.
Eurozone Inflation Falls in January as Energy Costs Ease
Prices rose at an annual rate of 8.5 percent last month, down from 9.2 percent in December, but signs of persistent cost increases remain.