News
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France open to letting deficit reduction target slip amid tariff uncertainty
PARIS, April 4 (Reuters) - French Finance Minister Eric Lombard opened the door on Friday to letting the deficit reduction target slip this year, ruling out extra spending cuts and tax increases to offset a potential shortfall in growth.Speaking to BFM TV, Lombard said things were uncertain and it w...Reuters
Fri, Apr 4
Spain sees impact of various tenths of percentage points in GDP due to U.S. tariffs
MADRID, April 4 (Reuters) - The impact of the series of tariffs announced by US President Donald Trump on Wednesday may have a negative impact on Spanish gross domestic product of various tenths of a percentage point, Economy Minister Carlos Cuerpo said on Friday.He said Spain's direct exposure ...Reuters
Fri, Apr 4
Swedish March flash inflation falls back, easing pressure on Riksbank
Swedish CPIF inflation -0.5% month/month, +2.3% year/yearData well below analysts' expectationsInflation has been running above forecast this yearSupports Riksbank's cautious stance on policyBy Niklas Pollard STOCKHOLM, April 4 (Reuters) - Swedish headline consumer prices fell 0.5% in Mar...Reuters
Fri, Apr 4
US tariffs risk slowing global growth significantly, ADB chief economist says
By Karen Lema MANILA, April 4 (Reuters) - The United States' sweeping new tariff regime risks slowing both U.S. and global growth, shrinking export markets and potentially prompting a Federal Reserve response, the Asian Development Bank's chief economist said. Chief Economist Albert Park ...Reuters
Fri, Apr 4
J.P.Morgan lifts global recession odds to 60% as US tariffs stoke fears
April 4 (Reuters) - The risk of a U.S. and global recession this year have risen to 60% from 40% earlier on the heels of President Donald Trump's sweeping reciprocal tariffs, Wall Street brokerage J.P. Morgan said.On Wednesday, Trump imposed a 10% baseline tariff on all imports to the U.S. and h...Reuters
Fri, Apr 4
NATO allies on path of spending more than 3% of GDP on defence, Germany says
BRUSSELS, April 4 (Reuters) - NATO allies are on the path of spending more than 3% of their GDP on defence, German foreign minister Annalena Baerbock said as she arrived in Brussels to meet with her NATO counterparts.Reuters
Fri, Apr 4
German industrial orders remain unchanged in February
April 4 (Reuters) - German industrial orders remained unchanged in February on the previous month on a seasonally and calendar adjusted basis, the federal statistics office said on Friday.A Reuters poll of analysts had pointed to a rise of 3.5%.The statistics office publishes more economic data on i...Reuters
Fri, Apr 4
Hungary eyes agreement with telecoms companies, banks on price levels, Orban says
BUDAPEST, April 4 (Reuters) - Hungary's government is targeting a negotiated agreement with telecoms companies and banks on price levels, Prime Minister Viktor Orban said on Friday, as part of wider efforts to curb surging services inflation ahead of a 2026 national election.Orban's comments...Reuters
Fri, Apr 4
