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