Banks across Central and Eastern Europe (CEE) and Southeastern Europe (SEE) defied expectations and reported impressive returns on equity (RoE), ranging between 15% and 20% in 2024 Raiffeisen Bank International (RBI) said in its most recent annual banking report on the region.

The European Central Bank cut its key interest rate on Thursday to boost an economy that’s struggling to grow as consumers burned by inflation warily eye price tags and businesses try to navigate political turmoil in leading economies France and Germany.

The EU is cutting interest rates and easing regulations to revive growth, but inflation risks, US policy divergence, and trade tensions could disrupt the plan. Here’s what’s at stake.

The EU faces a ‘slow agony’ without significant investment and reform, a top European economist has forewarned. If the continent hopes to catch up with the US and China, it will need to make some radi

Brussels has called on EU member states to help revive the bloc's sluggish economies. It laid out a Competitiveness Compass with policies to boost growth. Can the plan make Europe fit for competing with China and the US?

Brussels hopes simplifying green compliance rules will boost Europe’s flagging economy. Green groups fear something more sinister.

EU nations must work together quickly to help the bloc compete against global economic powerhouses like China and the U.S., European Commission President Ursula von der Leyen said.

Europe’s economy stagnated late last year as its former growth engine, Germany, finished a second straight year of shrinking output.

The European Medicines Agency (EMA) said on Monday it would no longer post on X and would use rival Bluesky instead, becoming the latest organisation to quit a social media platform that some have criticised for its content.

CHISINAU, Moldova (AP) — President Donald Trump’s abrupt freeze of U.S. foreign aid is sending shockwaves through Eastern Europe, leaving pro-democracy groups, independent media, civil society initiatives and local governments scrambling to make ends meet in a region often defined by rivalries between East and West.

With no easing of geopolitical tensions in sight, the EU and its members need to fight for themselves by prioritising strategic partnerships with resource-rich countries in Central Asia and beyond, Nicolas Tenzer writes.