Croatia is ready to adopt the euro from January 1 next year, the European Commission says. – In a report yesterday, the European Commission ruled that Croatia meets all the criteria to join the eurozone. Zagreb has the government debt and budget deficit under control and also respects all conditions regarding inflation, a stable exchange … Read more
The European Commission (EC) reported that Bulgaria still does not meet two of the requirements for joining the eurozone. Our country does not meet the indicators of price stability and legislation fully compliant with the rules of the European Union (EU). The Commission clarifies that in our country consumer price inflation is uneven. It is … Read more
If the VAT on heating is reduced from 20 to 9%, prices will fall. An effort can be made to further reduce the increase in heating. This was stated by the economist Georgi Angelov on the air of “Awake”. “The electricity was reduced to 2.5%, which no one will feel, so the heating must be … Read more
Guido Salerno Aletta Columnist of the Teleborsa Agency – – – The euro, an act of stupid pride That ofeuro it is a history, both ancient and recent, studded with errors. And the BCECentral bank without history and without culture, at the helm of a currency without a state, he is collecting catastrophic ones, one … Read more
Apr 5, 2022 at 1:48 am 2010 financial crisis : Greece pays off its IMF debt two years ahead of schedule – The Acropolis in the Greek capital Athens. Photo: dpa-tmn/Verena Wolff – – Athens In 2010 Greece was on the brink of bankruptcy. Billions in aid were tied to a tough austerity course. Now … Read more
The ‘bargain’ of fixed mortgages at 1% is over. The Euribor is trading higher again (-0.335% in February compared to -0.477% in January), spurred on by the possibility that the European Central Bank will raise interest rates to contain inflation in the eurozone. Faced with this new scenario, banks have made a 180-degree turn in … Read more
“We are committed to ensuring that selected Russian banks are removed from the SWIFT communication system. This will ensure that these banks are disconnected from the international financial system, which will affect their ability to operate globally, “said a joint statement by the European Commission, Germany, France, Italy, Britain, Canada and the United States. After … Read more
An increase in the main interest rate in the euro area would not currently reduce record inflation, but only hurt the economy. Christine Lagarde, President of the European Central Bank (ECB), said this in an interview with the German media network Redaktionsnetzwerk Deutschland (RND). – Financial markets now expect the ECB to raise its deposit … Read more
Jakarta, CNN Indonesia — Inflation Eurozone or countries in the region Europe jumped in December 2021 to the highest level since 1997. Quoting Eurostat, inflation in the European region penetrated 5 percent. Reported AFP, Friday (7/1), inflation in the European region rose from 4.9 percent in November 2021. This figure is far above the European … Read more
Not only the autumn intensification of the pandemic, but also problems with the supply of chips caused a significant weakening of the koruna a few weeks ago. But now she is shining for better times. In addition, it could receive another positive impulse from the CNB on Wednesday. The central bank is expected to tighten … Read more