Inflation has taken a heavy toll on the German economy, with consumers spending less on items such as food and clothing. To make matters worse, the outlook for the rest of the year isn't looking much brighter.

Factory takeovers? Price controls? Food rations? What do European politicians mean when they stress — or dismiss — the need for a 'war economy'?

In mainland Europe's westernmost country, water is becoming scarce. Still, Portuguese politicians continue to focus on economic activities that consume particularly large amounts of water, activists say.

Following the reelection of President Recep Tayyip Erdogan, analysts are asking whether Turkey sticks to the unorthodox low interest rate policy he has supported. The crisis-ridden market may be heading for a turnaround.

Less than a week after the Wagner Group's attempted coup, uncertainty reigns in Russia. Opponents of Vladimir Putin are considering other threats to his leadership, including the economy. The oil price is a major hitch.

Economists set a gloomier outlook for the coming months, as official data showed Germany's GDP stayed flat in the three-month period between April and June.

A new study has shown that Germans still find tackling climate change important, but the data also revealed discrepancies over what people are actually willing to do about it.

Germany's economy is in decline. Now the main opposition party, the center-right CDU, has presented an emergency program to combat the recession, stepping up pressure on Chancellor Olaf Scholz.

After five days of consecutive losses, the Russian ruble has crashed below a psychologically important mark of 100 rubles for $1 US. What's causing the slide?

The German economy emerges from recession, but is still in a phase of weakness. From April to June, it recorded zero growth compared to the previous quarter.

Europe's largest economy has flatlined recently, showing no signs of recovery from a winter recession. The International Monetary Fund has predicted Germany will be the only major advanced economy to shrink in 2023.

As a group of senior Gabonese military officers announce they have seized power and placed President Ali Bongo under house arrest, we take a closer look at Gabon's economic situation. The Central African nation is the fourth-largest oil producer in sub-Saharan Africa, but a third of its population lives below the poverty line. One particular source of frustration lies in the high levels of corruption: the country ranks 136th in Transparency International's Corruption Perceptions Index.