Economy
UK economy shrinks by 0.4%
The UK economy shrank 0.4 per cent in April as Brexit paralysis took hold following the proposed deadline for departure from the…
Analysis – Italy’s incurable economy (POLITICO)
Italy’s economy is sick and the governing coalition can’t agree on the cure — among themselves or with Brussels. The European Commission…
Global uncertainties weigh on European economy growth prospects
The recent slowdown in global growth and world trade, together with high uncertainty about trade policies, is weighing on prospects for Gross…
Italy emerges from recession as Eurozone registered stronger-than-expected recovery
I taly's economy has emerged from recession as the eurozone enjoyed a stronger-than-expected recovery during the first quarter. The Telegraph reports that…
German government slashes 2019 growth forecast
The German government cut its 2019 growth forecast for the second time within three months on Wednesday, reflecting a worsening slowdown in…
Italian economy in difficulty – ISTAT
ISTAT , the Italian National Institute of Statistics, on Wednesday announced that the Italian economy is continuing to experience difficulty after slipping…
US deficit reaches 10-year-high
A new report on the state of the US economy has dealt a blow to Donald Trump's deficit reduction plan. The deficit…
German public sector workers secure substantial pay rise
Germany’s public sector workers have secured a substantial pay rise that many expect that it will spur consumer spending and buoy growth.…
Stockpiling and job slashing as the UK braces for Brexit
A survey issued Friday by the IHS Markit/CIPS UK Manufacturing Purchasing Managers' Index (PMI), showed that British factories slashed jobs in February…
Germany, Malta and Netherlands only three Eurozone countries to register lower debt burdens than in 2008 – Moody’s
What do Germany, Malta and the Netherlands have in common? They’re the only three eurozone countries that have lower debt burdens than…
Germany needs 260,000 foreign workers per year until 2060 to meet labour shortages study shows
Germany needs at least 260,000 new migrant workers per year until 2060 in order to meet labor shortages caused by demographic decline,…
Concerns mount over German’s economy after slump in manufacturing orders
Concerns over the health of the German economy are mounting, after Europe’s largest economy suffered another big fall in manufacturing orders. Germany…