The article reports on the forecast by Gordon Moffat of Eurofer about the European Union (EU) economy. Moffat said they expect negative domestic growth in the second quarter of 2008. Italy, Spain, Ireland and Great Britain are reportedly expecting a downturn in the residential construction market...
In July 2022, the currency pair flirted with parity. However, in September and October of 2022, the EUR/USD fell below parity for the first time in almost 20 years, as the prospect of a severe economic recession in Europe increased significantly as a result of the ongoing conflict in Ukra...
IPC released a synopsis of its recent white paper, Securing the European Union’s Electronics Ecosystem. This condensed document presents a comprehensive overview of the current challenges in Europe’s electronics manufacturing industry and shares actionable steps to help the EU achieve a st...
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4 min. read Economy Fearing coronavirus recession, France weighs nationalisation 17/03/2020 2 min. read Central Europe Hungary to step up nationalisations 05/09/2012 5 min. read Economy Spain, EU suffer new blows in Latin America 02/05/2012 2 min. read AdvertisementExplo...
The cost of doing business skyrocketed in Germany after the West slapped sanctions on Russian energy. The result has been a manufacturing sector stuck in recession for more than two and a half years. The country’s production PMI, a monthly survey of manufacturing executives, has been in ...
This is a monetary crisis, caused by a jejune central bank that aborted a fragile recovery by raising rates earlier this year, allowed the money supply to collapse at vertiginous rates in southern Europe, and caused a completely unnecessary recession — and a deep one judging by the collapse ...
H2: More arousal in general language use in society lead to more arousal in the language of parliamentary debates. Second, politicians have incentives for reelection, and therefore need to be perceived as responsive to (changing) citizen demands38. For example, a deep economic recession requires ...
Russia's central bank assets were frozen by major governments like the U.S., the U.K., theEuropean Union (EU), and Canada5 The World Bank said it suspended all of its active programs in Russia and Belarus in March 20226 The Biden administration announcedeconomic sanctions, barring all Amer...