Spain’s economy grew 3.2% in 2024, one of the fastest in the eurozone, driven by strong domestic demand, robust tourism, and EU recovery funds, outperforming Germany, France and Italy. Economists say Spain remains a ‘bright spot’ in Europe, expecting this outperformance to continue through 2025.
Category: 3. Europe
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The Spanish economy grew 3.2% in 2024: Why is it outperforming peers?
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Hawaii’s most active volcano begins new eruption
Kilauea ramped up its surface activity on Tuesday when lava began pouring out of a vent in its caldera.
Lava began bubbling out of Hawaii’s most active volcano once again on Tuesday as Kilauea’s sporadic eruption resumed.
The eruption restarted at midday when when…
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Amazon confirms Spider-Man and Harry Potter helmers as producers for next James Bond movie
The fate of the James Bond franchise gets an update with Amazon’s decision to hand over producing duties for the 26th 007 movie to Amy Pascal and David Heyman.
After wrestling the James Bond franchise away from longtime stewards Barbara Broccoli and Michael J. Wilson,…
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UK inflation slowed to 2.8% in February, fuelling hopes of a rate cut
The better-than-expected inflation figure comes as a relief to the economy as it faces the looming threat of stagflation: high inflation coupled with low output.
UK inflation came in lower than expected in February, following a 10-month peak in January, raising morale…
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US Secretary of State Rubio seeks Turkey’s support for peace in Ukraine
While Ankara’s ongoing trade with Russia drew repeated warnings from Washington during Joe Biden’s presidency, Turkey is looking to bolster its ties with the US under the Trump administration.
US Secretary of State Marco Rubio “requested Turkey’s support for peace…
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Freeloaders? Hegseth has ‘a case’ in slamming Europe, UK defense chief says – POLITICO
Defense Secretary Pete Hegseth replied to Vance: “I fully share your loathing of European free-loading. It’s PATHETIC.”
Speaking to Times Radio, Healey called the comments a “challenge” rather than an insult.
“The Americans have got a case,” Healey said. “On defense…
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Reeves’ eleventh hour blackhole – POLITICO
It’s spring statement day — a bigger day than the Treasury probably ever wanted it to be — but definitely not a budget.
With Chancellor Rachel Reeves on course to break her own fiscal rules, she’ll lay out how she intends to find billions of pounds of extra…
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Market insights: What is behind the European stock markets’ rally?
European markets continued to outperform their US counterparts despite the recent rebound on Wall Street. Notably, the banking and industrial sectors stand as the top two performers, driven by relatively cheaper valuations, expectations for surging defence spending, and optimistic economic outlooks.
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What we know about Thursday’s ‘Coalition of the Willing’ summit for Ukraine in Paris
The meeting takes place as the United States announced that it had brokered a truce between Russia and Ukraine in the Black Sea.
World leaders will gather in Paris on Thursday for a high-stakes summit on Ukraine’s security and to lay the groundwork for long-term…
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Eastern cement imports are killing EU industry – POLITICO
The EU predicted possible carbon leakage over 20 years ago. The 2003 Emissions Trading Directive highlighted this risk, notably for cement production. More than two decades later, the doomsday scenario is becoming reality.
Eastern cement floods Europe
Cement from Ukraine is flowing into…
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