Economy

Eurozone inflation falls below 2%
October 1, 2024
Line
1
 Min

Eurozone inflation falls below 2%

Eurozone inflation dropped to 1.8% in September, the lowest since 2021, primarily due to falling energy prices, strengthening the case for another European Central Bank (ECB) rate cut this month. With inflation now below ECB forecasts, markets are anticipating multiple rate cuts before the end of the year.

Irish government reveals tax cuts in its pre-election budget
October 1, 2024
Line
 Min

Irish government reveals tax cuts in its pre-election budget

Ireland's pre-election budget includes tax cuts and infrastructure investment, funded by a €25bn surplus. Critics say it neglects key issues like housing and healthcare.

Minimum Wage in Portugal Set to Rise to €870 in 2025, €1,028 by 2028
September 30, 2024
Line
1
 Min

Minimum Wage in Portugal Set to Rise to €870 in 2025, €1,028 by 2028

Portugal's minimum wage will increase to €870 in 2025, according to the Minister of Labour, Maria do Rosário Palma Ramalho. While other wage-related measures remain under negotiation, this increase is confirmed as part of the government’s strategy to improve wage appreciation and support economic growth.

Wero Set to Become Europe’s First Unified Payment Solution
September 29, 2024
Line
1
 Min

Wero Set to Become Europe’s First Unified Payment Solution

Wero, launched under the European Payments Initiative (EPI), is Europe’s first sovereign digital wallet, designed to rival Visa and Mastercard. Currently operational in Germany, Belgium, and France, Wero aims to offer a unified, secure, and efficient payment solution across Europe, supported by 16 major banks.

Manchester Unveils £1.7bn Innovation District for Science and Tech
September 29, 2024
Line
1
 Min

Manchester Unveils £1.7bn Innovation District for Science and Tech

Manchester has launched the first phase of a £1.7 billion science and technology innovation hub. The 15-year project, located on the former North Campus of the University of Manchester, aims to boost the city's role as a key center for innovation, creating space for startups, commercial enterprises, and residential developments.

Seine-Nord Europe Canal Breaks Ground After Two Decades of Delays
September 29, 2024
Line
1
 Min

Seine-Nord Europe Canal Breaks Ground After Two Decades of Delays

Construction has begun on the long-awaited Seine-Nord Europe Canal (SNEC), a €5.1 billion infrastructure project aimed at enhancing trade between France, Belgium, and the Netherlands. Set for completion in 2030, the canal promises faster, cheaper, and environmentally friendly river trade, reducing heavy road traffic and boosting regional economies.

France Weighs Temporary Tax Hike on Major Corporations
September 29, 2024
Line
 Min

France Weighs Temporary Tax Hike on Major Corporations

France’s new Prime Minister, Michel Barnier, is considering a temporary tax increase on the country's largest corporations and a levy on share buybacks to address the country's growing budget deficit. The proposal could raise €8 billion in 2025.

£1bn Recycling Plant Set to Revolutionize UK Recycling
September 26, 2024
Line
1
 Min

£1bn Recycling Plant Set to Revolutionize UK Recycling

Turkish firm Eren Holding is investing £1 billion to transform the former Shotton paper mill in Flintshire, Wales, into one of the UK’s largest cardboard and tissue production facilities. The development, touted as the most advanced of its kind in Europe, is expected to significantly boost the UK's recycling capabilities and create hundreds of new jobs.

Categories

Mergers & Acquisitions
Economy
Companies
Markets
Tech & Space
Energy

Get smarter in just 5 minutes

Your daily 5-minute digest on business and tech news from across the UK & EU delivered straight to your inbox every morning!
Your data is never sold, transferred or used for any purpose other than to deliver our newsletter.
Thank you for subscribing to Dawn Digest!
Something went wrong while subscribing. Please contact us at support@dawndigest.com.

Copyright © 2024 DawnDigest. All Rights Reserved.

Close Icon