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BELGIUM-BRUSSELS-INFLATION-MAY

(240531) -- BRUSSELS, May 31, 2024 Photo by Xinhua/ABACAPRESS.COM) -- Bottles of wine are on display at a supermarket in Brussels, Belgium, on May 31, 2024. The Eurozone's yearly inflation rate should be reaching 2.6 percent in May, according to preliminary data published on Friday by Eurostat, the European Union's (EU) statistical bureau. Photo by Xinhua/ABACAPRESS.COM/Zhao Dingzhe)

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BELGIUM-BRUSSELS-INFLATION-MAY

(240531) -- BRUSSELS, May 31, 2024 Photo by Xinhua/ABACAPRESS.COM) -- A customer shops at a supermarket in Brussels, Belgium, on May 31, 2024. The Eurozone's yearly inflation rate should be reaching 2.6 percent in May, according to preliminary data published on Friday by Eurostat, the European Union's (EU) statistical bureau. Photo by Xinhua/ABACAPRESS.COM/Zhao Dingzhe)

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BELGIUM-BRUSSELS-INFLATION-MAY

(240531) -- BRUSSELS, May 31, 2024 Photo by Xinhua/ABACAPRESS.COM) -- Packages of food are on display at a supermarket in Brussels, Belgium, on May 31, 2024. The Eurozone's yearly inflation rate should be reaching 2.6 percent in May, according to preliminary data published on Friday by Eurostat, the European Union's (EU) statistical bureau. Photo by Xinhua/ABACAPRESS.COM/Zhao Dingzhe)

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BELGIUM-BRUSSELS-INFLATION-MAY

(240531) -- BRUSSELS, May 31, 2024 (Xinhua) -- A customer shops at a supermarket in Brussels, Belgium, on May 31, 2024. The Eurozone's yearly inflation rate should be reaching 2.6 percent in May, according to preliminary data published on Friday by Eurostat, the European Union's (EU) statistical bureau. (Xinhua/Zhao Dingzhe)

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BELGIUM-BRUSSELS-INFLATION-MAY

(240531) -- BRUSSELS, May 31, 2024 (Xinhua) -- Bottles of wine are on display at a supermarket in Brussels, Belgium, on May 31, 2024. The Eurozone's yearly inflation rate should be reaching 2.6 percent in May, according to preliminary data published on Friday by Eurostat, the European Union's (EU) statistical bureau. (Xinhua/Zhao Dingzhe)

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BELGIUM-BRUSSELS-INFLATION-MAY

(240531) -- BRUSSELS, May 31, 2024 (Xinhua) -- Packages of food are on display at a supermarket in Brussels, Belgium, on May 31, 2024. The Eurozone's yearly inflation rate should be reaching 2.6 percent in May, according to preliminary data published on Friday by Eurostat, the European Union's (EU) statistical bureau. (Xinhua/Zhao Dingzhe)

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AUSTRIA-VIENNA-EUROZONE-FEBRUARY-INFLATION

(240301) -- VIENNA, March 1, 2024 (Xinhua) -- A woman walks past a store in Vienna, Austria, on March 1, 2024. Yearly inflation in the eurozone is expected to drop to 2.6 percent in February, down from 2.8 percent in January, according to data published by Eurostat on Friday. (Xinhua/He Canling)

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AUSTRIA-VIENNA-EUROZONE-FEBRUARY-INFLATION

(240301) -- VIENNA, March 1, 2024 (Xinhua) -- A customer shops for groceries at a supermarket in Vienna, Austria, on March 1, 2024. Yearly inflation in the eurozone is expected to drop to 2.6 percent in February, down from 2.8 percent in January, according to data published by Eurostat on Friday. (Xinhua/He Canling)

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BELGIUM-BRUSSELS-EUROZONE-FEBRUARY-INFLATION

(240301) -- BRUSSELS, March 1, 2024 (Xinhua) -- Customers shop at a supermarket in Brussels, Belgium, on March 1, 2024. Yearly inflation in the eurozone is expected to drop to 2.6 percent in February, down from 2.8 percent in January, according to data published by Eurostat on Friday. (Xinhua/Zhao Dingzhe)

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BELGIUM-BRUSSELS-EUROZONE-FEBRUARY-INFLATION

(240301) -- BRUSSELS, March 1, 2024 (Xinhua) -- A customer shops at a supermarket in Brussels, Belgium, on March 1, 2024. Yearly inflation in the eurozone is expected to drop to 2.6 percent in February, down from 2.8 percent in January, according to data published by Eurostat on Friday. (Xinhua/Zhao Dingzhe)

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EU economy enters 2024 on weaker footing than anticipated: forecast

STORY: EU economy enters 2024 on weaker footing than anticipated: forecast SHOOTING TIME: Feb. 15, 2024 DATELINE: Feb. 16, 2024 LENGTH: 00:01:08 LOCATION: Brussels CATEGORY: ECONOMY SHOTLIST: 1. various of the European Commission Berlaymont building 2. various of the press conference STORYLINE: The European Commission's Winter Interim Forecast published on Thursday revised growth in both the European Union (EU) and the euro area down to 0.5 percent in 2023, from 0.6 percent projected in the Autumn Forecast in November. For 2024, the EU's economic growth is projected to reach 0.9 percent, down from the autumn projection of 1.3 percent. The eurozone's growth is revised down to 0.8 percent from the 1.2 percent predicted in autumn. "After a bruising 2023, the European economy has emerged a little weaker than expected, although the rebound should speed up gradually this year and into 2025," said Valdis Dombrovskis, executive vice president of the European Commission for an Economy that Works for People. "T

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OECD urges reforms in Italian economy report

STORY: OECD urges reforms in Italian economy report SHOOTING TIME: Jan. 22, 2024 DATELINE: Jan. 23, 2024 LENGTH: 00:00:50 LOCATION: Rome CATEGORY: ECONOMY SHOTLIST: 1. various of screenshots of the report 2. various of street views in Rome STORYLINE: The Organization for Economic Cooperation and Development (OECD) on Monday released a report on Italian economy, suggesting an array of reforms that it said would help the country avoid an economic slowdown. The Italian government's statistics entity has estimated that the country's economy grew 0.7 percent in 2023, slightly better than the EU estimate of 0.6 percent for the eurozone. In its report, the OECD said Italy was at risk of slower growth if it did not make certain reforms, including scaling back pensions for the wealthiest residents. "Reducing the generosity of pensions for high-income households could limit the increase in spending (on pensions), while maintaining adequate public services and social protections," the report said. The

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BELGIUM-BRUSSELS-EUROZONE-DECEMBER-INFLATION-REBOUND

(240105) -- BRUSSELS, Jan. 5, 2024 (Xinhua) -- People walk past a grocery store in Brussels, Belgium, on Jan. 5, 2024. The eurozone's yearly inflation rate rebounded in December after a steady decline in recent months, reaching 2.9 percent compared to 2.4 percent in November, according to a flash estimate published on Friday by Eurostat. (Xinhua/Zhao Dingzhe)

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BELGIUM-BRUSSELS-EUROZONE-DECEMBER-INFLATION-REBOUND

(240105) -- BRUSSELS, Jan. 5, 2024 (Xinhua) -- A pedestrian walks past a store in Brussels, Belgium, on Jan. 5, 2024. The eurozone's yearly inflation rate rebounded in December after a steady decline in recent months, reaching 2.9 percent compared to 2.4 percent in November, according to a flash estimate published on Friday by Eurostat. (Xinhua/Zhao Dingzhe)

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BELGIUM-BRUSSELS-EUROZONE-DECEMBER-INFLATION-REBOUND

(240105) -- BRUSSELS, Jan. 5, 2024 (Xinhua) -- A man fuels a vehicle at a gas station in Brussels, Belgium, on Jan. 5, 2024. The eurozone's yearly inflation rate rebounded in December after a steady decline in recent months, reaching 2.9 percent compared to 2.4 percent in November, according to a flash estimate published on Friday by Eurostat. (Xinhua/Zhao Dingzhe)

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BELGIUM-BRUSSELS-EUROZONE-DECEMBER-INFLATION-REBOUND

(240105) -- BRUSSELS, Jan. 5, 2024 (Xinhua) -- People walk past a store in Brussels, Belgium, on Jan. 5, 2024. The eurozone's yearly inflation rate rebounded in December after a steady decline in recent months, reaching 2.9 percent compared to 2.4 percent in November, according to a flash estimate published on Friday by Eurostat. (Xinhua/Zhao Dingzhe)

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Spanish economist warns of Eurozone's sluggish economy in 2024

STORY: Spanish economist warns of Eurozone's sluggish economy in 2024 SHOOTING TIME: Dec. 20, 2023 DATELINE: Dec. 21, 2023 LENGTH: 00:02:05 LOCATION: BARCELONA, Spain CATEGORY: ECONOMY SHOTLIST: 1. SOUNDBITE 1 (Catalan): SERGI BASCO, Associate professor of economics at Barcelona University 2. SOUNDBITE 2 (Catalan): SERGI BASCO, Associate professor of economics at Barcelona University 3. various of street views of Spain STORYLINE: A Barcelona-based Spanish economist has recently warned that the Eurozone will see sluggish economic growth in 2024 as the continuing efforts to curb inflation may lead to unemployment. SOUNDBITE 1 (Catalan): SERGI BASCO, Associate professor of economics at Barcelona University "The European authorities are only concerned about inflation and in that sense, they're doing a good job because inflation is coming down, but the risk is that they overdo it and put interest rates up too much and we'll see an excessive slowdown in growth in 2024 and 2025" The forecast for the Eurozone is

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BELGIUM-BRUSSELS-EU-ECONOMY-GROWTH FORECAST

(231116) -- BRUSSELS, Nov. 16, 2023 (Xinhua) -- This photo taken on Nov. 15, 2023 shows part of the European Commission building in Brussels, Belgium. The European Union (EU) economy lost momentum in 2023, according to the European Commission's Autumn Economic Forecast published here on Wednesday. The Commission has downgraded its forecast for economic growth in both the EU and the eurozone this year to 0.6 percent from the previously projected 0.8 percent. (Xinhua/Zhao Dingzhe)

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BELGIUM-BRUSSELS-EU-ECONOMY-GROWTH FORECAST

(231116) -- BRUSSELS, Nov. 16, 2023 (Xinhua) -- This photo taken on Nov. 15, 2023 shows part of the European Commission building in Brussels, Belgium. The European Union (EU) economy lost momentum in 2023, according to the European Commission's Autumn Economic Forecast published here on Wednesday. The Commission has downgraded its forecast for economic growth in both the EU and the eurozone this year to 0.6 percent from the previously projected 0.8 percent. (Xinhua/Zhao Dingzhe)

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BELGIUM-BRUSSELS-EU-ECONOMY-GROWTH FORECAST

(231116) -- BRUSSELS, Nov. 16, 2023 (Xinhua) -- An office of a financial institution is pictured on a street in Brussels, Belgium, on Nov. 15, 2023. The European Union (EU) economy lost momentum in 2023, according to the European Commission's Autumn Economic Forecast published here on Wednesday. The Commission has downgraded its forecast for economic growth in both the EU and the eurozone this year to 0.6 percent from the previously projected 0.8 percent. (Xinhua/Zhao Dingzhe)

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BELGIUM-BRUSSELS-EU-ECONOMY-GROWTH FORECAST

(231116) -- BRUSSELS, Nov. 16, 2023 (Xinhua) -- This photo taken on Nov. 15, 2023 shows the European Commission building in Brussels, Belgium. The European Union (EU) economy lost momentum in 2023, according to the European Commission's Autumn Economic Forecast published here on Wednesday. The Commission has downgraded its forecast for economic growth in both the EU and the eurozone this year to 0.6 percent from the previously projected 0.8 percent. (Xinhua/Zhao Dingzhe)

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BELGIUM-BRUSSELS-EU-ECONOMY-GROWTH FORECAST

(231116) -- BRUSSELS, Nov. 16, 2023 (Xinhua) -- A customer shops at a supermarket in Brussels, Belgium, Nov. 15, 2023. The European Union (EU) economy lost momentum in 2023, according to the European Commission's Autumn Economic Forecast published here on Wednesday. The Commission has downgraded its forecast for economic growth in both the EU and the eurozone this year to 0.6 percent from the previously projected 0.8 percent. (Xinhua/Zhao Dingzhe)

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BELGIUM-BRUSSELS-EUROZONE-ECONOMY

(231031) -- BRUSSELS, Oct. 31, 2023 (Xinhua) -- A woman walks past a store with discount signs in Brussels, Belgium, Oct. 31, 2023. Yearly inflation in the Eurozone should fall to 2.9 percent in October, compared to 4.3 percent in September, the lowest levels in more than two years. Meanwhile, the Eurozone's gross domestic product (GDP) went down by 0.1 percent during the third quarter of 2023 compared to the previous quarter, according to a flash estimate published on Tuesday by Eurostat. TO GO WITH "Roundup: Eurozone inflation plunges while economic growth stagnates " (Xinhua/Zhao Dingzhe)

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BELGIUM-BRUSSELS-EUROZONE-ECONOMY

(231031) -- BRUSSELS, Oct. 31, 2023 (Xinhua) -- Customers buy bread at a supermarket in Brussels, Belgium, Oct. 31, 2023. Yearly inflation in the Eurozone should fall to 2.9 percent in October, compared to 4.3 percent in September, the lowest levels in more than two years. Meanwhile, the Eurozone's gross domestic product (GDP) went down by 0.1 percent during the third quarter of 2023 compared to the previous quarter, according to a flash estimate published on Tuesday by Eurostat. TO GO WITH "Roundup: Eurozone inflation plunges while economic growth stagnates " (Xinhua/Zhao Dingzhe)

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BELGIUM-BRUSSELS-EUROZONE-ECONOMY

(231031) -- BRUSSELS, Oct. 31, 2023 (Xinhua) -- A customer buys vegetables at a supermarket in Brussels, Belgium, Oct. 31, 2023. Yearly inflation in the Eurozone should fall to 2.9 percent in October, compared to 4.3 percent in September, the lowest levels in more than two years. Meanwhile, the Eurozone's gross domestic product (GDP) went down by 0.1 percent during the third quarter of 2023 compared to the previous quarter, according to a flash estimate published on Tuesday by Eurostat. TO GO WITH "Roundup: Eurozone inflation plunges while economic growth stagnates " (Xinhua/Zhao Dingzhe)

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BELGIUM-BRUSSELS-EUROZONE-ECONOMY

(231031) -- BRUSSELS, Oct. 31, 2023 (Xinhua) -- A woman walks past a store with discount signs in Brussels, Belgium, Oct. 31, 2023. Yearly inflation in the Eurozone should fall to 2.9 percent in October, compared to 4.3 percent in September, the lowest levels in more than two years. Meanwhile, the Eurozone's gross domestic product (GDP) went down by 0.1 percent during the third quarter of 2023 compared to the previous quarter, according to a flash estimate published on Tuesday by Eurostat. TO GO WITH "Roundup: Eurozone inflation plunges while economic growth stagnates " (Xinhua/Zhao Dingzhe)

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BELGIUM-BRUSSELS-EUROZONE-ECONOMY

(231031) -- BRUSSELS, Oct. 31, 2023 (Xinhua) -- A man walks past a store with discount signs in Brussels, Belgium, Oct. 31, 2023. Yearly inflation in the Eurozone should fall to 2.9 percent in October, compared to 4.3 percent in September, the lowest levels in more than two years. Meanwhile, the Eurozone's gross domestic product (GDP) went down by 0.1 percent during the third quarter of 2023 compared to the previous quarter, according to a flash estimate published on Tuesday by Eurostat. TO GO WITH "Roundup: Eurozone inflation plunges while economic growth stagnates " (Xinhua/Zhao Dingzhe)

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BELGIUM-BRUSSELS-EUROZONE-ECONOMY

(231031) -- BRUSSELS, Oct. 31, 2023 (Xinhua) -- A woman walks past a store with discount signs in Brussels, Belgium, Oct. 31, 2023. Yearly inflation in the Eurozone should fall to 2.9 percent in October, compared to 4.3 percent in September, the lowest levels in more than two years. Meanwhile, the Eurozone's gross domestic product (GDP) went down by 0.1 percent during the third quarter of 2023 compared to the previous quarter, according to a flash estimate published on Tuesday by Eurostat. TO GO WITH "Roundup: Eurozone inflation plunges while economic growth stagnates " (Xinhua/Zhao Dingzhe)

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Spain to be eurozone's growth engine in 2024, says economist

STORY: Spain to be eurozone's growth engine in 2024, says economist DATELINE: Oct. 11, 2023 LENGTH: 00:02:18 LOCATION: BARCELONA, Spain CATEGORY: ECONOMY SHOTLIST: 1. various of Barcelona, Spain 2. various of headquarters of the European Commission in Brussels 3. various of different sectors of production and transport of goods 4. SOUNDBITE 1 (Catalan): SERGI BASCO, Associate professor of economics at Barcelona University 5. various of international tourists 6. SOUNDBITE 2 (Catalan): SERGI BASCO, Associate professor of economics at Barcelona University 7. various of a person withdrawing money from an ATM and people buying food products 8. SOUNDBITE 3 (Catalan): SERGI BASCO, Associate professor of economics at Barcelona University 9. various of Barcelona STORYLINE: Spain will continue to be "the engine" of the eurozone in 2024 due to the impact of tourism on the country's economic growth this year, but the long-term future is "more uncertain," Sergi Basco, associate professor of economics at Barcelona Unive

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BELGIUM-EU-ECONOMIC GROWTH-FORECAST

(230911) -- ANTWERP (BELGIUM), Sept. 11, 2023 (Xinhua) -- People are seen on a street in central Antwerp, Belgium, on Sept. 11, 2023. The European Commission cut the European Union's and the eurozone's 2023 economic growth forecast on Monday. (Xinhua/Zheng Huansong)

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BELGIUM-EU-ECONOMIC GROWTH-FORECAST

(230911) -- MECHELEN (BELGIUM), Sept. 11, 2023 (Xinhua) -- Customers select products at a supermarket in Mechelen, Belgium, on Sept. 11, 2023. The European Commission cut the European Union's and the eurozone's 2023 economic growth forecast on Monday. (Xinhua/Zheng Huansong)

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BELGIUM-EU-ECONOMIC GROWTH-FORECAST

(230911) -- MECHELEN (BELGIUM), Sept. 11, 2023 (Xinhua) -- A customer is seen at a supermarket in Mechelen, Belgium, on Sept. 11, 2023. The European Commission cut the European Union's and the eurozone's 2023 economic growth forecast on Monday. (Xinhua/Zheng Huansong)

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BELGIUM-EU-ECONOMIC GROWTH-FORECAST

(230911) -- ANTWERP (BELGIUM), Sept. 11, 2023 (Xinhua) -- People pass stores on a street in central Antwerp, Belgium, on Sept. 11, 2023. The European Commission cut the European Union's and the eurozone's 2023 economic growth forecast on Monday. (Xinhua/Zheng Huansong)

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Eurozone inflation eased, but months from 2 pct target: Spanish economist

STORY: Eurozone inflation eased, but months from 2 pct target: Spanish economist DATELINE: Aug. 5, 2023 LENGTH: 00:02:42 LOCATION: BARCELONA, Spain CATEGORY: ECONOMY SHOTLIST: 1. various of the European Central Bank 2. SOUNDBITE 1 (Spanish): JAVIER DIAZ-GIMENEZ, Professor of Economics at IESE Business School 3. various of pedestrians in Spain 4. SOUNDBITE 2 (Spanish): JAVIER DIAZ-GIMENEZ, Professor of Economics at IESE Business School 5. various of pedestrian in Spain 6. various of shopping malls in Frankfurt, Germany 7. SOUNDBITE 3 (Spanish): JAVIER DIAZ-GIMENEZ, Professor of Economics at IESE Business School 8. various of shopping malls in Frankfurt, Germany 9. SOUNDBITE 4 (Spanish): JAVIER DIAZ-GIMENEZ, Professor of Economics at IESE Business School STORYLINE: Eurozone inflation dipped in July to 5.3 percent, the lowest level registered since February 2022, data published by the EU's official statistics agency showed Monday. The drop of Eurozone inflation to pre-Ukraine crisis level is "good news," a S

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BELGIUM-ANTWERP-EUROZONE Q2 GDP

(230731) -- ANTWERP (BELGIUM), July 31, 2023 (Xinhua) -- People walk past sale signs in Antwerp, Belgium, on July 31, 2023. The eurozone's gross domestic product (GDP) grew by 0.3 percent in the second quarter of 2023 compared to the previous quarter, according to a flash estimate published on Monday by Eurostat, the statistical office of the European Union (EU). (Xinhua/Zheng Huansong)

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BELGIUM-ANTWERP-EUROZONE Q2 GDP

(230731) -- ANTWERP (BELGIUM), July 31, 2023 (Xinhua) -- People walk past sale signs in Antwerp, Belgium, on July 31, 2023. The eurozone's gross domestic product (GDP) grew by 0.3 percent in the second quarter of 2023 compared to the previous quarter, according to a flash estimate published on Monday by Eurostat, the statistical office of the European Union (EU). (Xinhua/Zheng Huansong)

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BELGIUM-ANTWERP-EUROZONE Q2 GDP

(230731) -- ANTWERP (BELGIUM), July 31, 2023 (Xinhua) -- People walk past sale signs in Antwerp, Belgium, on July 31, 2023. The eurozone's gross domestic product (GDP) grew by 0.3 percent in the second quarter of 2023 compared to the previous quarter, according to a flash estimate published on Monday by Eurostat, the statistical office of the European Union (EU). (Xinhua/Zheng Huansong)

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Technical recession in Eurozone "not something to worry about": Spanish economist

STORY: Technical recession in Eurozone "not something to worry about": Spanish economist DATELINE: June 17, 2023 LENGTH: 00:01:47 LOCATION: Madrid CATEGORY: TECHNOLOGY SHOTLIST: 1. various of Sergi Basco, an associate professor of economics at Barcelona University 2. SOUNDBITE (Spanish): SERGI BASCO, Associate professor of economics at Barcelona University STORYLINE: The report by Eurostat last week that the Eurozone entered a technical recession at the start of 2023 after the economy shrank by 0.1 percent for a second consecutive quarter is "not something we have to worry about," Sergi Basco, an associate professor of economics at Barcelona University, told Xinhua in an interview on Friday. SOUNDBITE (Spanish): SERGI BASCO, Associate professor of economics at Barcelona University "The fall in GDP is what the European Central Bank (ECB) wants and it's not something we have to worry about. This is what always happens: when interest rates are high, the economy slows, and that's where we are right now. There

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Leaders of the conservative European People's Party meeting in Helsinki, Finland

Italian Prime Minister Silvio Berlusconi gestures after the EPP Summit in Helsinki, Finland on March 4, 2011. Leaders of the conservative EPP group of the European Parliament met in Helsinki on Friday to discuss the eurozone crisis. The gathering was hosted by Finland's Finance Minister. LEHTIKUVA / HEIKKI SAUKKOMAA - FINLAND OUT. NO THIRD PARTY SALES. (Credit:Heikki Saukkomaa/Lehtikuva/Kyodo News Images)

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Leaders of the conservative European People's Party meeting in Helsinki, Finland

Italian Prime Minister Silvio Berlusconi leaves the EPP Summit in Helsinki, Finland on March 4, 2011. Leaders of the conservative EPP group of the European Parliament met in Helsinki on Friday to discuss the eurozone crisis. The gathering was hosted by Finland's Finance Minister. LEHTIKUVA / HEIKKI SAUKKOMAA - FINLAND OUT. NO THIRD PARTY SALES. (Credit:Heikki Saukkomaa/Lehtikuva/Kyodo News Images)

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Leaders of the conservative European People's Party meeting in Helsinki, Finland

Italian Prime Minister Silvio Berlusconi leaves the EPP Summit in Helsinki, Finland on March 4, 2011. Leaders of the conservative EPP group of the European Parliament met in Helsinki on Friday to discuss the eurozone crisis. The gathering was hosted by Finland's Finance Minister. LEHTIKUVA / HEIKKI SAUKKOMAA - FINLAND OUT. NO THIRD PARTY SALES. (Credit:Heikki Saukkomaa/Lehtikuva/Kyodo News Images)

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Leaders of the conservative European People's Party meeting in Helsinki, Finland

Italian Prime Minister Silvio Berlusconi leaves the EPP Summit in Helsinki, Finland on March 4, 2011. Leaders of the conservative EPP group of the European Parliament met in Helsinki on Friday to discuss the eurozone crisis. The gathering was hosted by Finland's Finance Minister. LEHTIKUVA / HEIKKI SAUKKOMAA - FINLAND OUT. NO THIRD PARTY SALES. (Credit:Heikki Saukkomaa/Lehtikuva/Kyodo News Images)

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Former Italian PM Silvio Berlusconi Dies At 86

File photo dated November 4, 2011 of Italian Prime Minister Silvio Berlusconi is pictured during a press conference on the G20 Summit of Heads of State and Government in Cannes, southeastern France. World's top economic leaders attend to the G20 summit in Cannes on November 3rd and 4th. The leaders are expected to debate current issues surrounding the global financial system in the hope of fending off a global recession and finding an answer to the Eurozone crisis. - Former Prime Minister Silvio Berlusconi, a billionaire businessman who created Italy's largest media company before transforming the political landscape, died on Monday aged 86. Photo by Thierry Orban/ABACAPRESS.COM

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Former Italian PM Silvio Berlusconi Dies At 86

File photo dated November 3, 2011 of Italian Prime Minister Silvio Berlusconi is pictured during the G20 Summit of Heads of State and Government in Cannes, France. World's top economic leaders attend to the G20 summit in Cannes on November 3rd and 4th. The leaders are expected to debate current issues surrounding the global financial system in the hope of fending off a global recession and finding an answer to the Eurozone crisis. - Former Prime Minister Silvio Berlusconi, a billionaire businessman who created Italy's largest media company before transforming the political landscape, died on Monday aged 86. Photo by Thierry Orban/ABACAPRESS.COM

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Former Italian PM Silvio Berlusconi Dies At 86

File photo dated November 4, 2011 of Italian Prime Minister Silvio Berlusconi is pictured during a press conference on the G20 Summit of Heads of State and Government in Cannes, southeastern France. World's top economic leaders attend to the G20 summit in Cannes on November 3rd and 4th. The leaders are expected to debate current issues surrounding the global financial system in the hope of fending off a global recession and finding an answer to the Eurozone crisis. - Former Prime Minister Silvio Berlusconi, a billionaire businessman who created Italy's largest media company before transforming the political landscape, died on Monday aged 86. Photo by Thierry Orban/ABACAPRESS.COM

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Former Italian PM Silvio Berlusconi Dies At 86

File photo dated November 3, 2011 of Italian Prime Minister Silvio Berlusconi pictured on the G20 Summit of Heads of State and Government in Cannes, southeastern France. World's top economic leaders attend to the G20 summit in Cannes on November 3rd and 4th. The leaders are expected to debate current issues surrounding the global financial system in the hope of fending off a global recession and finding an answer to the Eurozone crisis. - Former Prime Minister Silvio Berlusconi, a billionaire businessman who created Italy's largest media company before transforming the political landscape, died on Monday aged 86. Photo by Mousse/ABACAPRESS.COM

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Eurogroup Ministers Meeting - Brussels

Paolo Gentiloni, European Commissioner for the Economy during the Eurogroup Ministers meeting in Brussels, Belgium on May 15, 2023. The Eurogroup will discuss macroeconomic developments in the Eurozone and structural challenges for the business sector in the context of heightened geopolitical tensions. Photo by Monasse T/ANDBZ/ABACAPRESS.COM

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Eurogroup Ministers Meeting - Brussels

Nadia Calvino, Spanish Minister of Economy and Digital Transformation during the Eurogroup Ministers meeting in Brussels, Belgium on May 15, 2023. The Eurogroup will discuss macroeconomic developments in the Eurozone and structural challenges for the business sector in the context of heightened geopolitical tensions. Photo by Monasse T/ANDBZ/ABACAPRESS.COM

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Eurogroup Ministers Meeting - Brussels

Sigrid Kaag, Dutch Minister of Finance during the Eurogroup Ministers meeting in Brussels, Belgium on May 15, 2023. The Eurogroup will discuss macroeconomic developments in the Eurozone and structural challenges for the business sector in the context of heightened geopolitical tensions. Photo by Monasse T/ANDBZ/ABACAPRESS.COM

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Eurogroup Ministers Meeting - Brussels

Pierre Gramegna, Director General of the European Stability Mechanism and Christine Lagarde, President of the European Central Bank during the Eurogroup Ministers meeting in Brussels, Belgium on May 15, 2023. The Eurogroup will discuss macroeconomic developments in the Eurozone and structural challenges for the business sector in the context of heightened geopolitical tensions. Photo by Monasse T/ANDBZ/ABACAPRESS.COM