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... Прочетете още
Countries, Italy and Qatar decided to maintain their deal regarding close integration on economy... Прочетете още
The Bank of Finland forecast data shows the growth of Finland’s economy as exports recuperated g... Прочетете още
On Friday, the British pound slumped following vague results without a particular party that... Прочетете още
The European Central Bank decided to loosen its monetary policy on Thursday but indicated that it... Прочетете още
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President Donald Trump will be launching the draft of his administration’s training agenda for the ... Прочетете още
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The Goldman Sachs Bank U.S.A. intends to increase its rates on client deposit by 1.2 percent from... Прочетете още
As shown in the official figures, the Australian economy expanded by 0.3 percent in Q1 and gained... Прочетете още
Several high-ranking officials of the US National Security Council will be testifying before a... Прочетете още
Services sector activity of the United States softened last month due to downswing in factory... Прочетете още
Based on the forecast of the EY Scottish item club that the GDP growth will be weak falling below... Прочетете още
In a statement made last Sunday, the World Bank predicted that a possible correction in trade... Прочетете още
Apparently, India was able to recover from the negative effects brought by the demonetization as... Прочетете още
South Korea will release a stimulus package worth 11.2 trillion won equivalent to $10 billion U.S.... Прочетете още
US unemployment rates fell to its lowest levels reached within a 16-year period last May/ Market... Прочетете още
The Japanese economy is seen to grow at a faster rate than expected in the first quarter which was... Прочетете още
As shown in the advance data of the Statistics Finland, the Finnish economy was able to increase by... Прочетете още
The U.S. economy grows at a steady but slow rate in the second quarter of the year based on the... Прочетете още
The economy of the seventh-largest country in the world experienced a steep decline in the first... Прочетете още
US President Donald Trump is currently leaning towards the complete cancellation of the role of... Прочетете още
A trade deal between the United States and Vietnam worth $15 billion of goods and services will be... Прочетете още
Based on the data issued on Wednesday, the growth in the manufacturing activity of China was... Прочетете още
The US Federal Reserve is more than ready to raise its interest rates this coming June, but the... Прочетете още
The stock markets of Asia were unsteady on Tuesday since investors hovered in the sideline prior... Прочетете още
The negotiated wages in Germany climbed by 2.8 percent in the first quarter which has significantly... Прочетете още
ECB President Mario Draghi stressed in a statement made last Monday that the eurozone is still in... Прочетете още
The economy of India is considered as the fastest developing major economy globally in the previous... Прочетете още
Amidst the ongoing G-7 summit in Italy, US President Donald Trump has stated via his adviser that... Прочетете още
Oil prices declined by 5 percent following the extension of production cuts by Opec causing other... Прочетете още
