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The unemployment rate fell to 6.2% in Portugal in January 2025 from 6.4% in December 2024, according to the provisional estimates of Statistics Portugal. The jobless rate has been gradually declining since last November.
Driven by a drop in electricity prices, the consumer price index fell to 0.8% in February, after +1.7% in January, according to a flash estimate by French statistics office Insee. On a monthly basis, prices haven’t changed in France.
The European Union must become the global destination for green technologies. This is one of the stated objectives of the Clean Industry Pact, presented on Wednesday by the European Commission.
Talks between the Christian Democratic Party (CDU) and Social Democrats (SPD) are to begin within the next couple of days, CDU leader Friedrich Merz announced during a press conference in Berlin on Monday.
Germany's top opposition leader Friedrich Merz is set to become the country's next leader after exit polls in the federal election held Sunday show his centre-right CDU party unassailably in front.
Germany’s economic strength has long rested on a formidable industrial base, a highly skilled workforce, and robust domestic institutions.
Voters will head to the polls to decide Germany's next government leader at the weekend. According to the latest opinion poll from Politico, the centre-right Christian Democrats (CDU/CSU) remain the frontrunner, gaining 29% support, followed by the far-right party Alternative for Germany (AfD) at 21%.
Philips saw a slump in demand for its stock on Wednesday after the firm announced disappointing earnings results.