Now playing Next The Europe Conversation EU holds cards when negotiating with Trump on tariffs, says ex-WTO chief Lamy
Now playing Next Economy Trump holds off on tariffs but trade risks remain, experts warn Trump refrained from imposing new tariffs on Day One, offering markets brief relief, but trade risks persist. Experts warn that duties on Mexico, Canada, and Europe remain likely, with targeted measures expected. 21/01/2025
Now playing Next Economy Germany's economic sentiment darkens amid Trump trade risks US President Donald Trump stopped short of imposing new tariffs in his initial executive orders but unveiled the External Revenue Service, a new agency tasked with collecting tariffs and duties in the coming months. 21/01/2025
Now playing Next Economy Eurozone inflation rises for third month as energy costs edge up Rising services prices were behind the boost in the December inflation figure, although they were offset by a fall in food, alcohol and tobacco prices. 17/01/2025
Now playing Next Economy ECB minutes show concerns over economic outlook and geopolitical risks The European Central Bank cut interest rates by 25 basis points to 3% at its December meeting, aiming to support a weakening eurozone economy. However, minutes from the meeting reveal a sharp divide among policymakers on how aggressive the central bank should be in its approach. 16/01/2025
Now playing Next Europe in Motion Looking for a job in IT? These countries are desperate for new hires Over two-thirds of large companies struggle to fill their IT roles. What are the highest-paid jobs? Which countries are most in need? 14/01/2025
Now playing Next Economy Eurozone inflation on the rise: Could ECB cuts be in jeopardy? Despite the rise in inflation, markets continue to anticipate aggressive ECB rate cuts in 2025, with a 25-basis-point reduction expected this month. 07/01/2025
Now playing Next Europe in Motion How do America's poorest states compare to Europe's largest economies? The poorest US state has a higher GDP per capita than Europe’s top economies, except for Germany. Is this set to continue being the case in 2025? 06/01/2025
Now playing Next Economy Eurozone economy figures see slowdown for last month of 2024 Shrinking business activity was driven entirely by the manufacturing sector, with France being the weakest-performing out of the three biggest economies within the eurozone. 06/01/2025
Now playing Next Economy How could Trump's policies impact Europe's economy and politics? Donald Trump's re-election, with full Congressional control, poses challenges for Europe in trade, defence, and climate policy. Experts are warning of potential economic hits, urging the EU to act decisively, boost competitiveness, and assert its geopolitical autonomy. 06/01/2025
Now playing Next Markets Challenges facing European markets set to persist through 2025 Europe will continue facing challenges in 2025 amid domestic political uncertainties and global events, such as Trump's tariffs threats and China's slowdown. These factors are likely to continue weighing on market performance, particularly in the car manufacturing and banking sectors. 30/12/2024
Now playing Next Markets European Central Bank warns of effects of shift in US trade policies Christine Lagarde also said that the ECB will continue to cut interest rates, but that worries persisted about economic growth. 16/12/2024
Now playing Next Europe in Motion Which EU residents transfer the most money outside the bloc? The amount of money sent outside the EU by people who live within it keeps growing every year and is significantly higher than the money inflow. 16/12/2024
Now playing Next Economy Eurozone services rebound in December, but political woes linger Eurozone services rebounded in December, lifting overall activity despite a manufacturing slump and job cuts. Germany and France remain in contraction, weighed by political uncertainty. Inflationary pressures persist, keeping the ECB's interest rate path uncertain. 16/12/2024
Now playing Next Europe News Crises in France and Germany spell trouble for Europe's economy Government collapses in Berlin and now Paris will hamper efforts to address Europe’s burgeoning deficits and spluttering competitiveness. 05/12/2024
Now playing Next Economy Housing market: Where is it the most expensive to buy in Europe? EU house prices increased by 48% between 2010 and 2023, while housing costs, including paying for utilities skyrocketed in some member states, according to the latest report about housing in Europe by Eurostat. 01/12/2024
Now playing Next Economy What beef do EU farmers have with the Mercosur free trade deal? The deal has been 25 years in the making and it aims to create one of the largest free trade zones in the world - but farmers in Europe are heavily opposed to sealing it, saying that they cannot compete with South American livestock producers. 27/11/2024
Now playing Next Economy How can the EV charging sector fuel the European economy? Creating hundreds of thousands of jobs and adding more than €90bn to the European economy over the next 10 years is the EV charging sector's promise if certain hurdles are cleared from the pathway of e-mobility in Europe. 22/11/2024
Now playing Next Business European hotspots for AI: These are the leading countries in 2024 Germany has shown a huge improvement this year in a new ranking for the best hotspots for AI startups. Even so, Europe's strongest economy still falls short of the top spot. 21/11/2024
Now playing Next Economy EU-Mercosur trade deal: Winners and losers in Europe European member states are facing benefits and drawbacks as the sealing of the strategically important deal is drawing closer. 19/11/2024
Now playing Next Economy What Europe can learn from the US about growth, reveals IMF report A slowdown in productivity growth in Europe has became one of the key reasons behind a widening per capita income gap with the United States, according to the IMF's latest productivity report. 14/11/2024