The European economy navigates ongoing uncertainty, primarily due to the prolonged war in Ukraine and Middle East tensions, impacting energy security. Despite these geopolitical challenges, the Eurozone shows signs of recovery, particularly in Greece, where growth forecasts remain strong, projected…
Greece’s economy is projected to grow above the Eurozone and EU averages, with GDP forecasts of 2.1% in 2024, 2.3% in 2025, and 2.2% in 2026, primarily driven by the Recovery and Resilience Plan. Inflation is expected to decline steadily…
Martin Wolf, a prominent analyst from the Financial Times, argues that billionaires and corporate America are the real winners of Donald Trump’s presidency. In a recent interview, he highlighted the blending of populism and traditional Republican policies, warning that Trump’s…
The convergence of Donald Trump’s election and the collapse of Germany’s governing coalition reveals shared voter anxieties in both nations. As inflation reaches historic highs—8% in the U.S. and 6.9% in Germany—public dissatisfaction grows, prompting a shift towards populism. Surveys…
Recent data reveals a surprising uptick in US inflation, prompting renewed concerns among economists and policymakers. The Consumer Price Index has shown a 0.4% increase from the previous month, surpassing analysts’ expectations. This rise, largely driven by increased housing and…
Starting January 1, 2025, Deutsche Post will raise the mailing cost for letters and postcards to 95 cents, up from 85 cents. The price hike, attributed to inflation and rising wages, affects various mail categories, including compact and large letters,…
François Villeroy, head of the Banque de France, cautions that Donald Trump’s economic policies could reignite inflation in the U.S. and hinder global growth. He highlights Trump’s proposed tariffs—10% on all imports and 60% on Chinese goods—as potentially burdensome for…
The U.S. economy is grappling with persistent inflation, prompting concerns about its stability and growth prospects. Despite a steady labor market and consumer spending, rising prices for essentials continue to impact household budgets. Experts suggest that ongoing monetary policy adjustments…
European Central Bank officials are warning that proposed protectionist trade policies from a potential Trump administration could significantly hinder global economic growth. Trump intends to impose tariffs, including a 10% blanket tariff on foreign imports and 60% on Chinese goods,…
Greece plans to introduce new price reductions in supermarkets, with over 360 products currently participating in this initiative. Soteris Anagnostopoulos, Secretary-General for Commerce and Consumer Protection, indicated that the reductions, ranging from 5% to 20%, aim to alleviate inflation pressures…
CGIL Secretary General Maurizio Landini announced a general strike for November 29 following unsuccessful budget discussions with the government. The government has indicated limited room for changes in the proposed budget, which Landini criticized as inadequate for addressing the country’s…
At the Fairyhouse Sunday Market in Co Meath, shoppers voiced their concerns about the rising cost of living, highlighting how prices have surged in recent years despite a drop in inflation rates. Stall owners like Marie Wilson rely on market…
