According to the Statistical Service of the European Union, among the most expensive EU countries, the difference between the prices of services and consumer goods, including food, remains in 27...
Sberbank announced the sale of its Austrian subsidiary Sber Vermоgensverwaltungs AG in Abwicklung but did not specify the amount of the transaction. "The sale of our European subsidiary Sberbank Europe...
Beyonce Effect has been affected due to Inflation in Sweden, which rose to 9.7% in May, marking the first time in six months that the indicator fell below the double-digit...
The EU and the US are reportedly strengthening their partnership to mitigate the potential risks associated with investing in China especially sensitive technologies. This collaborative effort comes in response to...
According to the latest Regional Economic Prospects of the European Bank for Reconstruction and Development (EBRD), early estimates of quarterly gross domestic product (GDP) growth in 2022 are preliminary and...
The International Monetary Fund (IMF) has released its latest forecast for the global economy, indicating a slightly lower economic growth outlook for the Eurozone in 2023. According to the IMF's...
The European Central Bank (ECB) has announced a further tightening of monetary policy in response to rising inflation. In a statement released today, the ECB cited the need to...
Car sales in the European Union increased by 28.8% to 1.088 million units in March compared to the same month last year. The information has been published by the...
Across the Eurozone, the pace of consumer price growth has slowed. In particular, in March the annual inflation in the Eurozone was 6.9%, in February this figure was 8.5%. CPI...
UBS’s acquisition of Credit Suisse, Switzerland’s second-largest bank, could result in job losses of tens of thousands, according to an anonymous source cited in the Financial Times. The cuts are...
