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Green and sustainable economy expected to generate global benefits, says the FindMED

Newsdesk -
The transition towards a green and sustainable economy is expected to generate multiple economic, social, and environmental benefits, and the investments needed for this transition are enormous and they will be bringing meaningful benefits...
News

Reflections on 20 years of the euro: joint article by Eurogroup members

Newsdesk -
Twenty years ago tomorrow, around 300 million Europeans held a brand new currency in their hands, the euro. From Lisbon to Helsinki to Athens, citizens were able to withdraw euro banknotes in their local...
News

Inflation in Cuba in 2021 will exceed 70%

Petar Gramatikov -
By the end of the year, the average monthly salary will reach about 163 dollars The increase in consumer prices in Cuba in 2021 will reach 70 percent, said Minister of Economy Alejandro Hill, quoted...
Economy

European Investment Bank supports ERCROS with €40 million

Newsroom -
European Investment Bank supports Ercros' innovation, decarbonisation and modernisation strategy with €40 million The funding will boost Ercros' strategy to reduce its greenhouse gas emissions by 39% by 2025.EIB support will strengthen the company's competitive...
News

The Russian Foreign Ministry – providing a loan to Afghanistan

Newsdesk -
Russian Foreign Ministry: the United States and the West should bear financial responsibility for the reconstruction of Afghanistan The United States and Western countries should bear full financial responsibility for the post-war reconstruction of Afghanistan....
Science&Technology

Mergers: Commission approves acquisition of Nuance by Microsoft

Newsdesk -
The European Commission has approved unconditionally, under the EU Merger Regulation, the proposed acquisition of Nuance Communications, Inc. (‘Nuance') by Microsoft Corporation (‘Microsoft'). The Commission concluded that the transaction would raise no competition concerns in the European Economic Area (‘EEA').
International

The EC is imposing new rules on online businesses

Gaston de Persigny -
The European Commission has proposed new strict rules for online businesses such as Uber and the many food delivery platforms, according to a statement on the institution's website. The EC proposal aims to classify...
SPONSORED

finMED aims to increase funding for green innovation

Newsdesk -
Small and medium-sized enterprises (SMEs) are the driving force of the economy, both nationally and at European level, contributing significantly to job creation, value-added production and make a significant contribution to both national and European GDP.
Economy

Inflation rate hit a record high in the Eurozone in November 2021

Newsdesk -
The inflation rate reached a record high of 4.9 percent in November 2021 in the nineteen Eurozone countries, the highest since the European statistics institute Eurostat began its estimates more than two decades ago. A...
Economy

Trump received a billion to launch a new social network “Truth Social”

Gaston de Persigny -
Trump's media group has received a billion dollar investment. The ex-president is going to launch his "anti-face" at the beginning of the new year Former US President Donald Trump's media group said it received a...
Economy

India: Complete ban on all private cryptocurrencies

Newsdesk -
India: Complete ban on all private cryptocurrencies and time for asset withdrawal The government has yet to give a clear definition of a private cryptocurrency It is reported that the Indian government will pass a bill...
Economy

Russia struck a preemptive blow with a crowbar, ahead of Europe

Newsdesk -
This week the Russian government decided to increase the export duty on ferrous scrap from 70 to 100 euros per tonne. The new rate will be in effect from January 1, 2022 and has,...
Economy

EU agrees on a common position on minimum wage directive

Newsdesk -
Social Europe continues to move forward and is a little closer to putting in place a common European system for the establishment of living minimum wages throughout the European Union
Economy

Britain facing a dry regime for Christmas

Gaston de Persigny -
The British are already struggling with the crisis with a shortage of truck drivers Supermarkets in the UK are facing serious delays in alcohol orders before the festive influx for Christmas and New Year. Champagne,...
Economy

Financing sustainable development needed more than ever, says UN deputy chief Mohammed 

Newsroom -
Securing the funding needed for sustainable development by involving as many actors from different sectors as possible, is more urgent than ever, amid a widening “trust deficit” between the haves and the have-nots, the UN Deputy Secretary-General said on Monday. 
America

The United States unexpectedly began to buy another type of fuel from Russia

Newsdesk -
With one hand, the United States is imposing sanctions against Russia and praying for "green" energy, while with the other it is buying more and more Russian traditional hydrocarbons. Until recently, the United States...
Economy

Nile can become an international transport artery

Gaston de Persigny -
The corridor will start from the source of the longest river in the world - Lake Victoria Egyptian Minister of Irrigation Mohamed Abdel Ati presented a project for a transport corridor between Lake Victoria and...
Economy

Strategic cooperation between Gazprom and ENGIE underpinned by long-term contracts

Newsdesk -
November 16, 2021, 15:55 A working meeting of Alexey Miller, Chairman of the Gazprom Management Committee, with Jean-Pierre Clamadieu, Chairman of the Board of Directors of ENGIE, and Catherine MacGregor, Chief Executive Officer of ENGIE, took place today via a conference call. It was noted...
Economy

Sberbank will sell banks in Europe with assets worth € 7.3 billion

Newsdesk -
Sberbank will sell several subsidiaries in Central and Eastern Europe. The deal will amount to about € 500 million. The largest Russian bank is reducing its presence abroad due to sanctions and the geopolitical...
Economy

ECB: a rate hike in 2022 is “very unlikely”, says Lagarde

Newsdesk -
Marie-Lan Nguyen  The president of the European Central Bank, Christine Lagarde, said on Wednesday that it was "highly unlikely" that the bank would raise its key interest rates in 2022, as other major central banks...
Economy

Printing food coupons and eating swans: innovations in North Korea amid food and economic problems

Gaston de Persigny -
From printing coupons as a substitute for money to raising ornamental black swans for food, North Korea has been forced to innovate to deal with economic problems and food shortages as the closure of...
Economy

Oil: rising prices boost Saudi giant Aramco’s net profit

Newsdesk -
Saudi Arabian oil giant Saudi Aramco saw its net profit rise by 158% in the third quarter of 2021, thanks in part to the rebound in oil prices and demand. Saudi Arabia's state-owned company, the...
Economy

OECD: There is no way to know whether Bulgaria exports corruption abroad

Newsdesk -
Is it possible that the country of the European Union, considered by its citizens to be the most corrupt for years, does not export corruption abroad? The answer, according to a new report by...
Economy

Gazprom smiles at Bulgaria with transit fees

Newsdesk -
The revenues of the Bulgarian GTS operator from the transit of Russian gas through the country continue to grow as the European branch of the Turkish Stream reaches full capacity. In the first half...
Economy

British collapse: Deficiency of an important metal hit English pies

Gaston de Persigny -
The problem for pie makers stems from a shortage of foil boxes and persistent supply problems No time for pies. The UK is on the brink of a bakery crisis, as foil shortages could affect...
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