The Italian government expects net costs for importing energy into the country will almost double this current year to about 100 billion euros ($99.5 billion), said the country’s economy minister, who also issued a caution about the country not being able to continue to spend for an indefinite...

The UN Food and Agriculture Organization's world price index fell for the fifth month in a row in August, falling further from all-time highs reached earlier this year, as grain exports from Ukrainian ports resumed, contributing to improved supply prospects.   The Food and Agriculture...

Eurozone's economic mood indicator hit its lowest level in 19 months. Analysts anticipated a less pronounced fall. According to the press office of the European Commission, the indicator of economic sentiment (ESI) in the countries of the euro zone declined for a month by 1.3 percentage points,...

On Wednesday, Russia cut off gas supplies through Europe's main supply route, intensifying an economic battle between Moscow and Brussels and raising the prospect of recession and energy rationing in some of the region's wealthiest countries.   European governments are concerned that Moscow...

According to a final estimate from the French National Institute of Statistics and Economic Research (Insee), the second-largest economy in Europe, France, had its GDP increase 0.5% over the previous quarter. The amount did not alter from the initial estimation. "Consumer spending by households...

According to the Center for Economic Research at the Swiss Federal Institute of Technology, one of the key measures of the Swiss economy's growth has dropped significantly below its long-term average and even lower than economists had anticipated. Since 1970, the institute has been releasing the...

According to Russia’s First Deputy Prime Minister Andrei Belousov on Monday, the economy of the country is expected to shrink by less than 3 per cent in 2022, which would mark a much smaller contraction compared to what was being anticipated previously. The government also predicted that inflation...

Investors applauded a breakthrough agreement that gives US regulators access to Chinese companies' accounting records, but they say markets will be required to see successful audits and economic recovery prior to expecting much more money to flow to China.   In principle, the...

Singapore plans to implement proposed rules that will make it harder for retail investors to trade cryptocurrencies in a period when they appear to be "irrationally oblivious" to the risks, according to the country's central bank chief.   Despite warnings and measures, said Ravi Menon,...