Latest from europe

20-nation Eurozone dips into recession, economy shrinks by 0.1% in Jan-March

The 20-nation economy shrank by 0.1% between January and March, revised data showed Thursday, adding to a fourth-quarter decline of the same magnitude.

The outcome will come as a blow after politicians and European Central Bank officials said repeatedly that a downturn could be averted even as inflation rocketed to its highest level since the euro was introduced.
Updated on Jun 08, 2023 03:08 PM IST
Bloomberg |

Europe's inflation drops to 6.1%, real relief for consumers still months away

It was a welcome sign that the explosion in price increases — which peaked in record double digits last October — is heading in the right direction.

While prices are rising more slowly, they are coming on top of already-high costs triggered by Russia's war in Ukraine and other factors.(AP)
Published on Jun 01, 2023 04:10 PM IST
AP | | Posted by Yagya Sharma

5 things to know about Moldova, one of Europe's poorest countries

Crave off-beat international trip this summer? Travel to one of Europe's least visited countries, Moldova, known for its wine industry and Orthodox monasteries

European tourism: 5 things to know about Moldova, one of Europe's poorest countries with 300 days of sunshine per year (Photo by Twitter/DestRecommended)
Published on May 30, 2023 01:25 PM IST
AFP | | Posted by Zarafshan Shiraz

Europe has shaken off Putin’s gas embargo

Now it needs to think about how to deal with China

The impact of the Kremlin turning off the tap fell well short of the “gastastrophe” feared by some.(AFP)
Published on May 29, 2023 09:19 PM IST
The Economist

Europe’s carbon emissions fall below lockdown levels during energy crisis

Emissions from power plants and industrial operations covered by the European Union’s cap-and-trade system are down 13% in the first four months of the year

While part of the emissions drop can be attributed to a ramp up in new renewable power sources, another big factors is the steep decline in demand from industries that can no longer afford to operate at normal levels. (File)
Published on May 18, 2023 03:44 PM IST
Bloomberg |
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