The Bank of Greece foresees a marginal acceleration of growth in 2024 and 2025, however keeping its quantitative estimates unchanged. As stated in the monthly report on the Greek economy published today, according to the projections of the Bank of Greece, as part of the June 2024 Eurosystem experts’ projections, growth is expected to accelerate … Read more
Promises live on, even if they are not kept. The European Central Bank (ECB) promises the 350 million people in the monetary union that their euro will be worth as much tomorrow as it is today. This is written immutably on its website, as if the past three years had never happened. During this period, … Read more
After a tense day on social media due to the long exchange between Javier Milei and Cristina KirchnerThe president closed the event for the 45th anniversary of the Argentine Institute of Finance Executives (IAEF) with harsh criticism of Kirchnerism and the monetary policy they applied during their governments. “Given the aberrations and inconsistencies in CFK’s … Read more
Inflation in Greece recorded increasing trends in August as well (for the 4th consecutive month), as according to Eurostat’s preliminary data it reached 3.1%, from 3% in July, ranking our country in the 5th place with the highest inflation in of the Eurozone. Neither more nor less than the above official figures reflect the continuation … Read more
The contraction of French industry in August marks a new blow for a sector already weakened by several years of successive crises. The fall in production, combined with the plunge in order books, reflects a profound imbalance between supply and demand. While rising interest rates and galloping inflation partly explain this slowdown, deeper structural factors, … Read more
Unpredictable interest rates and high inflation have become a bane for businesses in Turkey, making costs prohibitive and making access to financing impossible at a time when demand is declining. The clothing and textile industries, the pillars of Turkish manufacturing, are among those most affected by the inflation that remains stubbornly above 60% -12 times … Read more
It is worth comparing construction financing: How interest and repayment affect the costs 02.09.2024, 14:59 Listen to article This audio version was artificially generated. More info | Send feedback The ECB has just lowered the key interest rates by 0.25 to 4.25 percentage points. This should actually make loans cheaper. But things are different when … Read more
Kamala Harris Unveils Major Housing Plan amid Inflation Concerns Vice President Kamala Harris is launching a significant advertising campaign to showcase her initiative aimed at constructing 3 million new homes over the next four years. This ambitious plan is poised to tackle rising inflation while contrasting sharply with approaches by Republican leaders, particularly Donald Trump. … Read more
The Spanish banks are already accepting that the profits they received in the last two years in the mortgage industry, with the increase in the price of money by the European Central Bank (ECB), have will rise to a peak after rising to 3 .71% at the beginning of 2024 and will remain stable in … Read more
Fish is a key element of the Mediterranean diet, considered perhaps the leading nutritional model worldwide. However, as the years go by, the consumption of fish is decreasing. The main reason for this development is the fact that fish is an expensive product, which in recent years is close to becoming a luxury item. This … Read more