Inflation data in Europe recently showed a surprisingly significant slowdown. The decline in energy prices in particular had a dampening effect. Read our latest blog post to find out about the current inflation in the individual EU countries.
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Germany slides into technical recession: What does that mean?
The German economy slipped into a technical recession in the first quarter. What does this mean for the largest economy in the euro zone and what is a technical recession?
IT-Giants focus on Artificial Intelligence
The cloud business of the leading tech companies continues to boom. However, many see the future primarily in the potential applications of artificial intelligence. With billions in investments, Google parent Alphabet and software giant Microsoft want to take a leading role in the trendy topic of AI.
Eastern Europe Economies Outperforming the Eurozone
The Vienna Institute for International Economic Studies sees the economies of Eastern Europe on a growth path. The bottom seems to have been reached. Now investing in the region’s leading companies?
Türkiye: President Erdogan Focuses on Economic Issues in Election Campaign
The hot phase of Turkey’s election campaign has begun, with parliamentary and presidential elections to be held simultaneously in the country on 14 May. In addition to the consequences of the earthquake disaster in early February, the Turkish citizens are also suffering from the massive inflation.
OPEC+ announces surprise oil production cut
The OPEC+ oil cartel’s member countries surprised the markets with an unexpected production cut announcement early this week, causing a surge in crude oil prices. The cuts were a “precautionary measure aimed at supporting the stability of the oil market,” OPEC+ said.
French President Macron Pushes Through Controversial Pension Reform
France’s controversial pension reform is about to be signed off. In the past week, protests against the reform have become more massive.
EU and US Looking to Latin America as new Strategic Business Partner
The EU and the USA want to focus more on Latin America as an important economic partner. Most recently, the chances of concluding the EU’s long-planned trade agreement with the Latin American Mercosur free trade zone have also increased.
One Year Into the Ukraine War: Energy Price Shock and Inflation Still Noticeable, but Recovery on the Horizon
One year after the start of the Russian war of aggression on Ukraine, the economic impact is felt around the globe. Naturally, the economic damage in Ukraine itself is devastating.
China Aiming for Fast Economic Recovery After End Of Covid Restrictions
After the lifting of the Corona restrictions, mighty China is back on track for growth. Also the global economy is benefiting from this. In any case, the Shanghai and Hong Kong stock exchanges started the “Year of the Rabbit” on a positive note.