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... Прочетете още
The negotiated wages in Germany climbed by 2.8 percent in the first quarter which has significantly... Прочетете още
ECB President Mario Draghi stressed in a statement made last Monday that the eurozone is still in... Прочетете още
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The South African Reserve Bank kept its interest rates unchanged on Thursday as it played down the... Прочетете още
US President Donald Trump has already called for an investigation regarding the “Manchester leaks” ... Прочетете още
New Zealand anticipates exceeding the budget excess prediction for 2017. The former projected... Прочетете още
The credit rating of China was downgraded by Moody’s Investors Service on Wednesday, the previous A... Прочетете още
Fed officials are now more than ready to raise its short-term interest rates after stating in... Прочетете още
On Tuesday, the U.S. spending reserved for foreign aid for Mexico and Central America are to be... Прочетете още
Two surveys conducted by American businesses this month and showed that the US economy continued to... Прочетете още
British people could possibly face a period of living squeeze as the UK consumer prices are now... Прочетете още
The Organization of the Petroleum Exporting Countries together with its partners are about to... Прочетете още
Intercontinental lenders in Greece has a comprehensive meeting discussing debt sustainability on... Прочетете още
The Supplemental Nutritional Assistance Program or SNAP is currently in peril as Trump’s budget p... Прочетете още
Exports from Japan notably increased for five consecutive months indicating a strong offshore... Прочетете още
During the council held in early May, the staffs of Owasso City made a project proposal for a new... Прочетете още
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Applications for U.S unemployment benefits had fallen circumstantially during the previous week,... Прочетете още
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The Malaysian economy gained momentum during the first quarter which is anticipated to be reflected... Прочетете още
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The Trump administration has recently informed its senators that it is now considering enforcing... Прочетете още
The household debt climbed to an all-time high that affects spending and inflation that moved... Прочетете още
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The April reading for the US industrial production data recorded a significant surge compared to... Прочетете още
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Aside from the victory of Portugal in the Eurovision Song Contest, its economy accelerated at its... Прочетете още
The International Monetary Fund says that Germany should consider loosening up and boost its... Прочетете още
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