Inflation in EBRD Regions in March Was 14.3%
[19-May-23 11:02:01]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...
2023
IMF Projects Modest Economic Growth and Elevated Inflation for Eurozone
[12-May-23 16:17:30]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...
European Central Bank Tightens Monetary Policy
[5-May-23 13:28:24]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...
Car Sales in the EU Increased by 29% in March
[23-April-23 12:44:03]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...
Inflation in the Eurozone Decreased to 6.9%
[7-April-23 16:04:39]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...
UBS’s Merger with Credit Suisse May Lead to Tens of Thousands of Job Loss
[23-March-23 15:35:02]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...
EU Calls for Enhanced Surveillance of Sanctioned Technologies in Third Country Trade
[16-March-23 9:24:10]The European Union calls on third countries to tighten the monitoring of trade with sanctioned technologies including third country trade — Bloomberg reports that the...
Cargo Transportation in Europe Fell By 36%
[10-March-23 16:00:20]Cargo transportation in Europe suffered a sharp drop in the fourth quarter, with a 36% decrease in cargo shipments compared to the previous quarter. The...
Inflation in Germany Reduced to 9.2%
[3-March-23 15:46:08]Consumer prices or inflation in Germany rose by 9.2% in January. Inflation slowed down to 9.6% in December. The country’s Federal Statistical Management gives this...
The Tenth Package of EU Sanctions will Affect 130 Individuals and Legal Entities
[20-February-23 10:08:20]The European Union plans to include four Russian banks, including Alfa-Bank, in the new package of EU sanctions and ban the delivery of several goods...
Europe Generated More Electricity From Wind and Solar Energy Than From Gas
[4-February-23 14:06:24]Germany has generated the most wind and solar energy out of 27 EU countries, Deutsche Welle reports. The EU got more energy from renewable energy...
The Total Capital of Crypto Industry has Exceeded $2.3 Trillion
[25-January-23 14:28:35]Nowadays the total market capital of crypto on the international crypto exchange has increased to 2.32 trillion dollars, which is the highest figure of the...
