🇪🇺 *LAGARDE: WAGE GROWTH SHOULD EASE OVER THE YEAR - BBG *LAGARDE: FIRMS STILL EXPECT TO RAISE SELLING PRICES *LAGARDE: INFLATION SHOULD RETURN TO TARGET IN 2H 2027 *LAGARDE: LONG-TERM INFLATION EXPECTATIONS SUPPORT RETURN TO 2% #Inflation #WageGrowth #EuropeanEconomy #EU
I met with the Governor of the Bank of France, Emmanuel Moulin, on his first day in his new role. I wished him every success and we discussed the challenges facing the European economy. https://t.co/NLFOL4nI5Z #BankofFrance #EuropeanEconomy #EmmanuelMoulin #FR
In March, the number of unemployed people across the European Union was exactly 13 million 226 thousand people. This result is almost identical to the previous year, which suggests that the European economy has developed defensive mechanisms that allow it to maintain employment despite global turmoil. (Original: W marcu liczba osób bez pracy w całej Unii Europejskiej wyniosła dokładnie 13 milionów 226 tysięcy osób. To wynik niemal identyczny jak rok wcześniej, co sugeruje, że europejska gospodarka wytworzyła mechanizmy obronne pozwalające utrzymać zatrudnienie mimo globalnych zawirowań.) #Unemployment #EuropeanEconomy #JobMarket #EU
The number of ultra-high-net-worth individuals (UHNWIs) in Europe has increased by 26% over the past five years, with Germany leading the way in absolute numbers and Poland experiences the highest percentage growth, highlighting a broader geographic distribution of wealth across the continent. #WealthDistribution #UHNWIs #EuropeanEconomy #DE #UK #FR #CH #IT #ES #SE #NL #DK #TR #AT #PL #NO #CZ #IE #PT #FI #RU #RO #GR #US #IN
The International Monetary Fund's latest report highlights a deteriorating economic outlook for Europe, driven by geopolitical tensions and energy disruptions, urging swift reforms to enhance resilience, complete the EU single market, and maintain momentum on energy transition initiatives to avoid a potential recession. #EuropeanEconomy #Geopolitics #EnergyCrisis #EU #IR #US #CN
The IMF's latest report indicates that Europe's economic outlook is increasingly precarious due to war-related energy disruptions and geopolitical tensions, urging swift reforms to bolster resilience while warning that a prolonged crisis could lead to recession. #EuropeanEconomy #GeopoliticalImpact #EnergyCrisis #EU #US #IR
The Swedish government issued an alert regarding potential aviation fuel shortages in Europe due to the Middle East conflict and the closure of the Strait of Hormuz, advising travelers to stay informed about the situation, although officials do not anticipate short-term rationing of gasoline or diesel in Sweden. #EnergyCrisis #AviationFuel #EuropeanEconomy #SE #IT #NO #DK #FI #IR #GB
Fatih Birol, the head of the International Energy Agency, warned in an interview that Europe's jet fuel reserves are expected to last only about six weeks due to the energy crisis triggered by the ongoing conflict between the U.S. and Iran, which has disrupted oil supplies and led to soaring fuel prices affecting airline operations across the continent. #AviationFuel #EnergyCrisis #EuropeanEconomy
