Germany’s paralysis threatens European economy
Analysts and institutions expect flat growth in 2024 and fear that the country’s stagnation may spread to France and Italy
Analysts and institutions expect flat growth in 2024 and fear that the country’s stagnation may spread to France and Italy
Agustín Carstens, the general manager of the Bank for International Settlements, called on governments to reign in fiscal policy: ‘The time has come to tighten belts’
The situation of Chinese real estate and inflation will also continue to be in the eye of the hurricane next year
IMF and ECB believe that corporate moves from nations like China and Russia are inevitable to reduce geopolitical risks, but warn of the costs
The Frenchwoman has reached the middle of her presidency after carrying out the largest rate increase in history and making some errors in communication
The IMF warns of the danger of a spike in inflation if the conflict persists, and the US admits that the crisis raises ‘additional concerns’
The return on the U.S. Treasury bond reaches nearly 5%, its highest level since 2007, while the German bond hovers close to 3%, unseen since 2011
The IMF calls for a carbon emissions trading scheme, mobilizing private finance and compensating the most vulnerable
The banker says the Silicon Valley Bank crisis is troubling and predicts high interest rates will persist
‘The global economic recovery is losing momentum,’ Klaas Knot told G20 leaders ahead of the New Delhi Summit
The economist says that salary inequality has decreased in the era of Covid-19 and inflation
William Maloney, the World Bank’s chief economist for the region, talks about the impact of inflation, the threat of climate change and the growing influence of China in the area
The ECB raised rates by half a percentage point on Thursday, underlining its determination to fight high inflation
Following the Credit Suisse crisis, analysts are divided on whether the central bank will follow through on plans to raise rates by 0.5 points or reduce it to 0.25
Since 2020, the global economy has been facing major shifts and challenges: unexpectedly high inflation, abrupt rate hikes, de-globalization and the energetic transition
The economist talks to EL PAÍS about the impact of interest rate hikes, when inflation will come down and why reducing inequality is a political decision
After a record tourist season, analysts paint a bleak picture due to Putin’s war and rate hikes. The US is already a cause for concern and the EU may be even worse off
The plan, which is still subject to talks, will mean that freelancers pay according to what they earn rather than a flat monthly rate
Economic output is now expected to rise by 4.5% in 2021, powered by domestic demand and aided by the country’s high Covid-19 vaccination rates
Philip R. Lane insists that the European Central Bank will ensure Europe enjoys a robust recovery and that growth is expected to be ‘pretty strong’ in 2022
World body raises the figure to 6.4% in 2022 but believes that deficit levels will not drop as fast as the Spanish government is expecting
Spain will also experience the biggest economic expansion of advanced nations next year, but it comes on the back of a record decline of nearly 11% in 2020 due to the coronavirus pandemic
The news comes as draft guidelines from the European Commission link funds to respect for the rule of law and proper management of aid – a change that reflects concern over authoritarianism in Poland and Hungary
The so-called ‘coronavirus passport’ will come into force across the 27-country bloc on July 1, and aims to standardize documents such as proof of vaccination or PCR test results
Brussels has warned that the risk of coronavirus infections are similar whether journeys are taken inside or outside a country’s borders
The European Commission said the Spanish economy will experience the biggest GDP rebound of the entire EU with figures of 5.6% in 2021 and 5.3% in 2022
At Eurogroup meeting, Economy Minister Nadia Calviño discussed ideas for reversing the impact of the coronavirus crisis, although labor and pension changes have yet to be sent to EU