Energy Bills in Europe Reach Record Levels
[11-November-22 5:45:36]Although governments are spending billions to protect people from the energy crisis, European households are still paying more for natural gas and electricity this year...
2022
Portugal Closing the “Golden Visa” Program
[4-November-22 16:02:58]Portugal may end its “Golden Visa” program, which granted residency to wealthy foreigners in return for investment. Prime Minister Antonio Costa announced the news at...
The European Central Bank Increasing Interest Rates to the Highest Level since 2009
[28-October-22 15:24:19]The European Central Bank tightened monetary policy again and raised interest rates to the highest level in a decade for the third consecutive meeting. The...
Deutsche Bank: Recession in Germany is Inevitable in 2023
[18-October-22 14:23:55]The German economy will not be able to avoid recession next year. However, this does not imply that the country will fall into a deep...
The EBRD to Move its Headquarters to Canary Wharf
[9-October-22 12:12:29]The European Bank for Reconstruction and Development (EBRD) has moved its headquarters from the London Stock Exchange to Canary Wharf, – the information was written...
The Statue of Euro in Frankfurt Surviving an Auction
[30-September-22 13:41:10]The giant blue statue of the euro in the heart of Frankfurt’s financial district has a new sponsor. According to Reuters, the future of the...
The EU Imposing the Windfall Tax – Why Experts Criticize
[16-September-22 15:06:21]At the end of September, a meeting of EU energy ministers is planned. They will discuss the current energy crisis. The European Commission is pushing...
The Unusually Increased Interest Rates by the European Central Bank
[9-September-22 10:02:15]The European Central Bank (ECB) raised interest rates unprecedentedly and hinted at further increases in the future. The ECB raised the rate on deposits from...
A New Peak of Inflation in the Eurozone
[2-September-22 13:50:54]According to preliminary estimates, annual inflation in the 19 countries accelerated to a record 9.1% in August. Foreign media publish the mentioned figures based on...
Bloomberg: Several Branches of Credit Suisse may Close
[26-August-22 13:40:12]Most of the branches of Credit Suisse, the leading Swiss investment bank, are at risk of collapse due to a drop in income in the...
Current and Future Crises that Companies Sometimes shall Face
[19-August-22 13:40:41]The list of crises threatening businesses is growing every day. As it turned out, among the future crises that business leaders must prepare their companies...
Despite the Drought, France Predicts an Increase in Wine Production
[12-August-22 12:32:14]The Ministry of Agriculture of France predicts the recovery of the country’s wine production after the agricultural sector was hit by the frosts of 2021....
