MEPs Reject EU Program Cuts Demand Higher 2025 Budget
The Parliamentary Budget Committee has taken a definitive stance on the 2025 budget, firmly rejecting the Council’s proposal to eliminate…
Category: Economics
Eurozone Retail Sales Increase in August Germany Factory Orders Drop
Eurozone retail sales witnessed a modest growth of 0.2% in August, recovering from a flat performance in July. However, Germany’s…
Microlending Revolutionizing Financial Inclusion for the Poor
Integrating the 1.4 billion people worldwide who lack access to banking services into the financial system is crucial for governments…
EU Votes on EV Tariffs Testing Von der Leyens China Policy
As tensions rise over potential trade conflicts, EU member states face a critical decision regarding the imposition of additional import…
Most Affordable Country in Europe for Buying a Home
A recent analysis of property prices across 62 countries in relation to average local wages reveals an unexpected twist: Denmark,…
Dublin budget boosts wages and cuts taxes ahead of election
Irish politicians unveiled a substantial national budget for 2025 this afternoon, despite ongoing concerns about inflation and fiscal stability. During…
German inflation falls to three-year low as energy prices drop
In September, Germany experienced a decline in inflation for the second consecutive month, primarily driven by a drop in energy…
Czech Central Bank Cuts Rates More Reductions Expected
The Czech Republic’s central bank has made headlines by cutting its key interest rate for the seventh consecutive time, responding…
Belgium urged to cut public spending to lower debt and deficit
The alarming rise in debt levels has caught the attention of the OECD, which projects that if no corrective action…
Germany Critiques UniCredit’s Hostile Strategy for Commerzbank
UniCredit’s ambitious bid to increase its stake in Commerzbank to 29.9% is encountering resistance from German authorities. While the European…
Denmark increases aid to World Bank fund for low-income nations
Denmark, one of the 52 nations contributing to development initiatives via the World Bank, is taking a stand, calling on…
Hungary key interest rate cut following US Fed decision
Policy adjustments have seen a reduction in borrowing costs in Hungary following a pause in August. However, it’s important to…
German Business Confidence Falls DAX Index Stays Strong
In September, Germany’s business confidence plummeted for the fourth consecutive month, reaching its lowest levels in nearly a year. Despite…
Banks Lack Readiness for Upcoming Financial Crisis Report
Brussels-based NGO Finance Watch emphasizes the urgent need for stringent banking regulations to safeguard financial stability. However, the organization warns…
Oil Prices Remain Stubborn Amid Weak Economic Data
Crude oil markets are currently under downward pressure due to disappointing manufacturing and services data emerging from key global economies.…