The German division of EY has presented a study assessing the economic impact of increased defense spending in Europe. Analysts have studied two scenarios: maintaining the current level of 2% of GDP or less, and increasing it to 3% of GDP. To strengthen independence from the United States and increase the defense capability of the EU countries, it will be necessary to invest about €65 billion annually over six years. Experts note that against the background of modern security challenges, Eu... Saiba Mais
The negotiated wages in Germany climbed by 2.8 percent in the first quarter which has significantly... Saiba Mais
ECB President Mario Draghi stressed in a statement made last Monday that the eurozone is still in... Saiba Mais
The economy of India is considered as the fastest developing major economy globally in the previous... Saiba Mais
Amidst the ongoing G-7 summit in Italy, US President Donald Trump has stated via his adviser that... Saiba Mais
Oil prices declined by 5 percent following the extension of production cuts by Opec causing other... Saiba Mais
The South African Reserve Bank kept its interest rates unchanged on Thursday as it played down the... Saiba Mais
US President Donald Trump has already called for an investigation regarding the “Manchester leaks” ... Saiba Mais
New Zealand anticipates exceeding the budget excess prediction for 2017. The former projected... Saiba Mais
The credit rating of China was downgraded by Moody’s Investors Service on Wednesday, the previous A... Saiba Mais
Fed officials are now more than ready to raise its short-term interest rates after stating in... Saiba Mais
On Tuesday, the U.S. spending reserved for foreign aid for Mexico and Central America are to be... Saiba Mais
Two surveys conducted by American businesses this month and showed that the US economy continued to... Saiba Mais
British people could possibly face a period of living squeeze as the UK consumer prices are now... Saiba Mais
The Organization of the Petroleum Exporting Countries together with its partners are about to... Saiba Mais
Intercontinental lenders in Greece has a comprehensive meeting discussing debt sustainability on... Saiba Mais
The Supplemental Nutritional Assistance Program or SNAP is currently in peril as Trump’s budget p... Saiba Mais
Exports from Japan notably increased for five consecutive months indicating a strong offshore... Saiba Mais
During the council held in early May, the staffs of Owasso City made a project proposal for a new... Saiba Mais
The extension of production output cut from big oil producing countries caused the oil prices to... Saiba Mais
Applications for U.S unemployment benefits had fallen circumstantially during the previous week,... Saiba Mais
The Trump administration has already started the first part of its renegotiations with regards to... Saiba Mais
The Malaysian economy gained momentum during the first quarter which is anticipated to be reflected... Saiba Mais
The Australian currency was able to enter again the positive grounds followed by an increase in... Saiba Mais
The Trump administration has recently informed its senators that it is now considering enforcing... Saiba Mais
The household debt climbed to an all-time high that affects spending and inflation that moved... Saiba Mais
Brazil’s central bank is interested in implementing regulations to the FinTech sector to provide s... Saiba Mais
The April reading for the US industrial production data recorded a significant surge compared to... Saiba Mais
Talks between Australia and Hong kong are set to discuss the free trade agreement and negotiate... Saiba Mais
Aside from the victory of Portugal in the Eurovision Song Contest, its economy accelerated at its... Saiba Mais
The International Monetary Fund says that Germany should consider loosening up and boost its... Saiba Mais
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