Browsing: Business

– Hungary will maintain its adjusted 2026 budget deficit target at 7.5% of gross domestic product. The Finance Ministry confirmed this figure as the government prepares to revise this year’s budget. Authorities cited the fiscal situation, severe drought, and increased

– European Union recorded a goods trade shortfall of €21.8 billion during the second quarter of 2026, marking its first quarterly deficit since 2023, according to Eurostat. The bloc’s imports from outside sources totaled €701.8 billion, while exports amounted to

– According to recent data from Adzuna, the number of graduate job openings in the UK declined by nearly 46% in July compared to the same month last year. The platform listed 8,383 active graduate vacancies, a sharp decrease from

– Economic activity across Organisation for Economic Co-operation and Development nations experienced a slight uplift in the second quarter of 2026, with gross domestic product increasing by 0.5% compared to the previous three months. This follows a 0.4% growth in

– UK inflation increased to its highest point since March in July, primarily driven by escalating household energy prices. The Consumer Prices Index (CPI) climbed 2.9% compared to the same period last year, up from 2.6% in June. This marks

– European Union experienced a decline in new business registrations during the second quarter of 2026, while bankruptcy filings surged significantly. The number of new enterprises registered dropped by 0.5% compared to the first quarter, based on seasonally adjusted figures.

– European Commission has issued new guidance allowing EU member states to pursue additional fiscal flexibility for energy security expenditures through 2028. This measure extends an existing national escape clause—initially utilized for increased defence spending—to cover specific publicly funded energy

– On Friday, global markets for precious metals showed downward momentum, with spot gold prices decreasing and setting the stage for a weekly overall loss. According to financial market data, spot gold fell 0.5 percent to trade at $4,326.75 per

According to the final data issued by Istat, Italy’s yearly consumer inflation rate slightly decreased to 2.9 percent in July 2026, compared to 3.0 percent in June. The confirmed figure was revised upward from an initial flash estimate of 2.8

– According to final official figures, Spain’s annual consumer price inflation increased to 3.6% in July from 3.2% in June. This outcome exceeded the 3.5% preliminary estimate issued on July 30. Consumer prices saw a monthly rise of 0.3%, surpassing