Europe & Eurasia
Swedish Central Bank Lowers Policy Rate to 2.75 Percent
TEHRAN (ANA)- The Swedish central bank reduced its policy rate by 0.5 percentage points to 2.75 percent, marking the fourth cut this year.
WIFO: Austria Recovering from Recession, Expecting Economic Growth from 2025 to 2029
TEHRAN (ANA)- The Austrian Institute of Economic Research (WIFO) projected Austria's gross domestic product (GDP) to grow by an average 1.25 percent annually from 2025 to 2029, about 0.2 percentage points lower than the medium-term forecast for the eurozone.
North Macedonia's CPI Rises 3.5 Percent in October
TEHRAN (ANA)- North Macedonia's Consumer Price Index (CPI) rose by 3.5 percent year-on-year in October, according to the State Statistics Office (SSO) report released.
Cyprus Plans to Supply Natural Gas to Egypt's LNG Facilities
TEHRAN (ANA)- Cyprus intends to supply natural gas to Egypt's liquefaction plants for export to international markets, including the European Union (EU), Energy Minister George Papanastasiou said.
Air Quality Worsens in BiH as Heating Season Begins
TEHRAN (ANA)- As temperatures drop and the heating season begins, cities across Bosnia and Herzegovina (BiH) are experiencing a significant decline in air quality.
German Manufacturing Industry Sees Rise in New Orders in September
TEHRAN (ANA)- New orders in the German manufacturing industry were up 4.2% on a monthly basis in September, the federal statistical authority Destatis said.
UK's Minimum Wage to Go Up by 6.7 Percent Next Year
TEHRAN (ANA)- The national minimum wage of the United Kingdom (UK) will rise from 11.44 to 12.21 British pounds (15.87 U.S. dollars) per hour from April 2025, the UK government announced.
Italy Forecasts 1.0 Percent Economic Growth in Current Year
TEHRAN (ANA)- The Italian government forecasts the country's economy will grow by 1.0 percent this year despite lower-than-expected growth in the first half, with further expansion anticipated in 2025, followed by slower growth in the subsequent years.
Austria's Inflation Falls to 1.8 Percent, Lowest Level since February 2021
TEHRAN (ANA)- Austria's inflation rate fell from 2.3 percent in August to 1.8 percent in September, the lowest level since February 2021, Statistics Austria said.
Spain's Big Banks Issue Improved Economic Outlook for 2024
TEHRAN (ANA)- Two of Spain's major banks joined international and national financial institutions in forecasting that the growth of the Spanish economy this year will surpass earlier expectations.
