Human rights, child labor, arms production, … – the range of social issues in the ESG universe is long. Besides environmental and governance aspects, social issues are becoming increasingly important when it comes to sustainable investment. A possible EU social taxonomy could bring new standards for sustainable investments and thus bring the “S” in ESG even more into focus.
This week, the highly acclaimed Jackson Hole Economic Symposium will take place. Fed Chairman Jerome Powell’s speech will be the center of attention.
Many economic indicators point to weakening economic momentum. Meanwhile, the US labor market continues to be very robust, which recently mitigated the immediate risks of recession in the United States.
Croatia’s entry into the euro area is a done deal. Ivana Kunstek, Senior Fund Manager at Erste Asset Management Croatia, talks about her home country’s path into the eurozone.
For more than 20 years, the euro has been the instrument of payment for around 340 million people. What is the current state of our currency and what opportunities and challenges does the euro face?
Prices for energy and food have risen significantly, putting a strain on consumers’ wallets. If the Russia-Ukraine war does not ease, the situation may deteriorate even further.
Ahead of the upcoming interest rate decision by the Federal Reserve, a number of economic indicators point to increasing risks of growth or recession. There are also uncertainties regarding the further development of inflation and the effectiveness of monetary policy measures.
For this year, experts at the Vienna Institute for International Economic Studies (WIIW) expect economic growth of 3.3% on average for the EU members in Central, Eastern and Southeastern Europe.
Gerhard Winzer, Chief Economist at Erste Asset Management, provides an overview of recent economic developments and explains, among other things, what structural problems the euro is facing.
Ahead of the upcoming reporting season, several negative factors dominate the markets. Tamás Menyhárt, Senior Fund Manager at Erste Asset Management, sums up the stock market year so far and shares his views on the further development.
