Business

Irish politicians have presented a generous new budget this afternoon, despite concerns about inflation risks and fiscal security. ADVERTISEMENT Ireland’s Minister for Finance and Minister for Public Expenditure outlined the national budget for 2025 on Tuesday afternoon, presenting financial plans for the year ahead. “Progressivity, fairness and catalysing real opportunity for the future … have been central to how Budget …

The drop below the target of 2% was mainly due to falling energy prices. However, the European economy may still not be out of the woods. ADVERTISEMENT The year-on-year eurozone inflation rate for September was released on Tuesday, coming in at 1.8%, according to Eurostat. This was a step down from August’s 2.2%, while also being lower than analyst expectations …

A meeting between the UK’s Prime Minister and the EU’s President could pave the way for a youth mobility scheme, although challenges remain. ADVERTISEMENT A new deal to allow young Europeans to work in the UK could be on the cards, as relations between the EU and UK hold hopes of a thaw. European Commission President Ursula von der Leyen …

The move marks the end of the privatisation of Greek lenders after debt crisis bailouts. ADVERTISEMENT Greece is preparing to sell a 10% stake in the National Bank of Greece, representing the end of a privatisation process following state bailouts more than a decade ago. The price range has been set to between €7.30 to €7.95, Greece’s bank bailout fund …

Switzerland has made a name – and business – for itself training up the next generation of hoteliers. Nestled in the hills above the city of Lausanne, the école hôtelière de Lausanne (EHL) is one of the schools doing just that. ADVERTISEMENT The stakes are high in a Michelin-starred restaurant – and they are even higher if getting your university …

Some jobs are more stressful than others and some sectors have more stressful jobs within them than others. Euronews Business takes a look around Europe to see which countries have the most stressed employees. ADVERTISEMENT Global uncertainty and increasing cutbacks at work may be making it harder to find a job. At the same time, the rising cost of living …

The German labour market usually picks up in September after the summer, but unemployment decreased much less than usual this month. ADVERTISEMENT German unemployment was stable in September sitting at 6% again, for the fourth consecutive month. However, the number of unemployed people decreased in real terms by 65,600, although the seasonally adjusted number showed an increase of 17,000, from …

France’s bond yield surpassed Spain’s this week for the first time since 2008 as Europe’s second largest economy struggles with debt. ADVERTISEMENT For the first time since the 2008 financial crisis, the yield on 10-year French bonds traded slightly above the Spanish equivalent for a brief period, at 2.97% on Thursday, according to LSEG data. Spanish bonds are traditionally seen …

The German lender is lifting profit targets and shareholder rewards as Italy’s UniCredit contemplates a merger. ADVERTISEMENT Commerzbank is seeking to woo investors ahead of meetings with Italy’s UniCredit, announcing on Thursday an increase in profit targets and shareholder payouts. The German lender said that its net profit should rise to more than €3bn by 2027. More than 90% of …

Climate change is having an effect on one of Norway’s most important commodity markets – the fishing sector. Euronews Business looks at what steps are being taken to protect it. ADVERTISEMENT The Norwegian fishing industry is feeling the effects of climate change. Fishing is one of the most important sectors in Norway, with seafood exports touching a record high of …