Europe

Italian Exhibition Group, first quarter 2022 exceeds expectations

IEG - Italian Exhibition Group, a company listed on Euronext Milan, closed the first three months of 2022 brilliantly. Just recently, in fact, IEG's Board of Directors approved an interim management report at 31st March 2022 that exceeded expectations.

Germany begins filling western Europe’s biggest gas storage site

Germany has started filling the huge Rehden gas storage facility abandoned by Russia's Gazprom (GAZP.MM), the site's state-appointed manager said on Thursday, as Europe's biggest economy looks to guard against the risk of Moscow turning off supplies.

The Bank of England flags risk of recession and 10% inflation as it raises rates again

The Bank of England sent a stark warning that Britain risks a double-whammy of a recession and inflation above 10% as it raised interest rates on Thursday to their highest since 2009, hiking by quarter of a percentage point to 1%.

French economy stalls in first quarter, inflation hits new record

France's economic growth unexpectedly flatlined in the first quarter as consumer spending dropped in the face of record high inflation, official data showed on Friday, putting pressure on President Emmanuel Macron ahead of legislative elections.

Finland, Sweden to begin NATO application in May, say local media reports

Finland and Sweden will together express their wish to join NATO in May, tabloid newspapers Iltalehti in Finland and Expressen in Sweden reported on Monday, citing sources close to the matter.

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