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Economy

Get a comprehensive view of the European economy with The European Times. Our news coverage is backed by years of experience and a commitment to delivering accurate and timely information.

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...
Economy

Mortality tied to income

Newsdesk -
In poor countries, young people died more often from COVID-19 The World Bank estimates that relatively young people in middle-income countries have died from coronavirus more often than in wealthier regions of the world. Among...
Economy

Germany reduces electricity charges

Newsdesk -
The German government will drastically reduce the electricity consumption tax from 2022 to ease the burden on consumers, network operators said. The fee under the Renewable Energy Sources (EEG) Act, used to finance the expansion...
Economy

Russia increases coal supplies to Europe and Asia by 12%

Newsdesk -
Coal deliveries from Russia to Europe and countries from the Asia-Pacific region increased by 12% on an annual basis. This was stated in an interview for "Rossia 24" television by the Minister of Energy...
America

Payback Hour: Apple, Google, and Facebook have all evaded taxes for years. How will 130 countries of the world make them pay billions? (2)

Newsdesk -
Payback Hour: Apple, Google, and Facebook have all evaded taxes for years. (2) Not everything is smooth However, there are much more differences in national interpretations than similarities, which only creates confusion. For example, in...
America

Payback Hour: Apple, Google, and Facebook have all evaded taxes for years. How will 130 countries of the world make them pay billions? (1)

Newsdesk -
The world's most powerful and wealthy countries have decided to take seriously the problem that has robbed them of billions of dollars for years - taxing digital companies whose products are difficult to account...
Economy

35 heads of state and government indicted for tax evasion

Newsdesk -
35 heads of state and government indicted for tax evasion
America

SPIEGEL: If Bulgaria accepts the Eurozone, the EU will create another problem

Newsdesk -
SPIEGEL: If Bulgaria accepts the Eurozone, the EU will create another problem
Economy

Making Sense of Bangladesh’s Investment on Megaprojects: Development or Delusion?

Kazi Mohammad Jamshed -
The history manifests that Megaprojects may become landmarks for a country by bringing transformational impact on the lives of the long-deprived people. Infrastructure-megaprojects are material drivers for accelerating the economic growth of developing countries...
Economy

Switzerland: Too much money will flow from the EU to Bulgaria, and that will be a problem

Newsdesk -
"There is a lot of money, but there is no time. Bulgaria does not want Swiss money yet," Sara Novotny wrote at the beginning of an article published on the website of the Swiss...
America

What Happens to Cryptocurrency: From Rise and Fall to State Recognition (1)

Gaston de Persigny -
Cryptocurrencies have established themselves as a useful market for moving money, trading and saving funds: only the cost of bitcoin has increased from $ 10 to $ 40 thousand over the past 10 years.And...
Charities

Why do billionaires donate to charity and where does their money go?

Gaston de Persigny -
Why do billionaires donate to charity and where does their money go?
Economy

EU: New € 250 million fund to support SMEs

European Commission -
EU: New € 250 million fund to support SMEs
America

Organic Spices Market Analysis, Restraints, Opportunities, Trends and Growth Forecast

Newsroom -
Organic Spices Market Analysis, Restraints, Opportunities, Trends and Growth Forecast
America

Fraud in Silicon Valley: The Theranos Trial

Newsdesk -
Fraud in Silicon Valley: The Theranos Trial
Economy

How did Bulgaria become the engine of a market of over € 18 billion in Europe?

Newsdesk -
How did Bulgaria become the engine of a market of over € 18 billion in Europe?
America

Planes die here: how the largest air cemetery in the world works

Newsdesk -
Planes die here: how the largest air cemetery in the world works
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