EU greenhouse gas emissions rose by 2.2% in Q4 2024, reaching 897 million tonnes CO2-eq, while GDP increased by 1.5%, according to Eurostat’s latest report.
France revises its 2026 public deficit estimate, exceeding earlier forecasts but staying under 5%. The adjustment comes amid efforts to stabilize finances and meet EU fiscal targets.
The IMF forecasts Austria’s economy to rebound with a projected 1.1% growth in 2025 following a contraction of 0.6% this year, aligning with Austrian economic institutions’ cautious optimism.
Russia’s GDP grew by 4.2% in the first eight months of 2024, driven by expanding international trade and stronger economic partnerships with ‘friendly’ nations.
