Tag: “Economy”

Spain’s Prime Minister Pedro Sanchez has called for the Spanish Parliament to be dissolved and for an early general election to be held on July 23.

Το πλαίσιο στήριξης της ελληνικής ενεργοβόρας βιομηχανίας κοινοποίησε λίγες μέρες πριν τις εκλογές της 21ης Μαΐου, στην Κομισιόν η απερχόμενη πολιτική ηγεσία του υπουργείου Περιβάλλοντος και Ενέργειας

Inflation stayed stubbornly high in April, potentially reinforcing the chances that interest rates could stay higher for longer, according to a gauge released Friday that the Federal Reserve follows closely.

On Thursday, revisions to first quarter economic data showed the economy grew faster than initially expected despite inflation coming in higher than first noted.

Urgent talks to raise the U.S. debt ceiling appeared to move closer to a deal Thursday, with only seven days to go before the United States faces an imminent threat of debt default.

British retail sales declined this month after a modest rise in April but stores expect sales volumes to stabilise in June as consumer confidence improves and energy prices fall, a survey showed on Thursday.

Η Ελλάδα θα εμφανίσει μια από τις μεγαλύτερες μειώσεις χρέους ανάμεσα σε όλες τις χώρες του κόσμου, εκτιμά η Moody’s, υπολογίζοντας ότι το ελληνικό δημόσιο χρέος θα μειωθεί κάτω από το 150% του ΑΕΠ έως το 2025, από τα επίπεδα του 171,3% που ήταν στα τέλη του 2022.

Πιο υψηλό από τους αρχικούς στόχους είναι το πρωτογενές πλεόνασμα του πρώτου 4μηνου του 2023, ενώ αύξηση κατά 13,5% παρουσιάζουν και τα έσοδα.

Chinese stocks have slumped this week amid fears of a new wave of Covid-19 cases, which would risk growth in the world’s second-largest economy and test the decision to reopen the country after lockdowns induced a slowdown last year.

The German economy entered a technical recession in the first quarter of this year, as households tightened spending.

US economic growth in the first three months of the year was faster than previously estimated, the Commerce Department reported on Thursday.

Παρά τις προκλήσεις του διεθνούς περιβάλλοντος, η ελληνική οικονομία εμφάνισε ισχυρούς ρυθμούς ανάπτυξης το 2022, αλλά αναμένεται να επιβραδύνει το 2023 και το 2024, σημειώνει η Κομισιόν στην 2η αξιολόγησή της μετά το τέλος της ενισχυμένης εποπτείας.

Η ελληνική οικονομία είναι ιδιαίτερα ευαίσθητη στις διακυμάνσεις των διεθνών τιμών ενέργειας λόγω της υψηλής εξάρτησης από τα ορυκτά καύσιμα και θα μπορούσαν να επηρεαστούν σοβαρά από τις τιμές, σημειώνει η Κομισιόν.

A digital euro could be launched in three or four years but banknotes will be available as long as there is demand for them, Fabio Panetta, a member of the European Central Bank’s Executive Board, told Les Echos.

U.S. bank Citi said on Wednesday it now expected two further Bank of England interest rate hikes, rather than the one it had previously forecast, and no rate cut in November after inflation data came in higher than expected.

Wall Street’s focus is turning to at-risk U.S. Treasury debt payments as the deadline to raise the government’s $31.4 trillion borrowing limit or risk default ticks closer.

U.K. inflation dropped sharply in April, as energy prices retreated and the impact of Russia’s invasion of Ukraine began to drop out of the annual consumer price comparison.

The International Monetary Fund said Tuesday that it expects the U.K. to avoid entering a recession and “maintain positive growth” in 2023.

Saudi oil minister Prince Abdulaziz bin Salman on Tuesday told market speculators to “watch out,” reiterating his warning that they could face pain ahead.

The contrast between the services and manufacturing readings were already outlined earlier by the French and German reports.