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
Ernesto Ferlenghi, president of Confindustria Russia (Association of Italian Industrialists in... Прочетете още
According to Baker Hughes, an American oil and gas service company, the number of oil and gas... Прочетете още
According to the results of the meeting on Thursday, the European Central Bank (ECB) kept the base... Прочетете още
According to the first estimate, US GDP in the first quarter of 2020 fell by 4.8%. Analysts had... Прочетете още
According to the National Statistical Institute of Spain, the country's unemployment rate rose to... Прочетете още
On Monday, the price of gold began to decline amid rising risk appetite after signs that countries... Прочетете още
The University of Michigan Consumer Sentiment Index, which reflects household confidence in the US... Прочетете още
Business activity in the eurozone in April reached another record low, which is a sign that the... Прочетете още
According to the National Statistical Office (ONS) of Great Britain, consumer prices in March rose... Прочетете още
The situation in the oil market has again become the focus of attention of traders. For the first... Прочетете още
Today China for the second time since the beginning of the year lowered lending rates to support... Прочетете още
According to the US Department of Labor, the number of American citizens applying for unemployment... Прочетете още
US President Donald Trump announced that the United States is completing funding for the World... Прочетете още
According to analysts, China's economic growth may slow to a minimum in almost half a century due... Прочетете още
Saudi Arabia again went against its colleagues under the OPEC+ agreement and seems to have decided... Прочетете още
The finance ministers of the European Union (EU) have agreed on a plan to save the bloc’s economy i... Прочетете още
According to the US Department of Labor, in the first week of April, the number of initial... Прочетете още
Eurozone finance ministers held a videoconference, during which they expected to agree on the main... Прочетете още
Industrial production in Germany in February unexpectedly showed an increase. At the same time, the... Прочетете още
According to Sentix analytics, investor sentiment in the eurozone fell to a record low in April, as... Прочетете още
Retail sales in the UK in March fell to a record low due to the fact that sales volumes declined... Прочетете още
According to official figures, the number of unemployed in Spain in March 2020 increased at a... Прочетете още
Analysts believe that the economies of Germany and Canada are the most susceptible to the shocks... Прочетете още
The price of oil in 2020 will be kept below the level of $40 per barrel. This conclusion was... Прочетете още
Oil refineries around the world have begun to suspend production or reduce refining volumes, as... Прочетете още
The coronavirus pandemic remains the main news of the day. The disease continues to spread,... Прочетете още
The mood in the German business community deteriorated significantly in March amid concerns about... Прочетете още
Energy experts fear that global oil storages may overflow during several months due to falling... Прочетете още
Today, the Philippine Stock Exchange closed indefinitely, and trading in foreign currency and bonds... Прочетете още
Since the beginning of 2020, the Chinese economy has experienced the most severe recession in the... Прочетете още
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