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