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Economy

A fine of 41.7 million euros for the largest banks in Greece

Newsroom -
The Greek Commission for the Protection of Competition has imposed the largest fine imposed so far in the amount of 41.7 million euros on several banks in Greece, the Greek TV channel Sky reported. Piraeus...
Economy

Coal use set to record in 2023

Gaston de Persigny -
Global coal supply is expected to hit a record high in use in 2023 on the back of increased demand from now with emerging and developing economies. This is according to a report, published...
Economy

The Flawed Sanctions Policy: Why Putin Wins

Gary Cartwright -
The EU's response to Putin's invasion of Ukraine raises concerns as EU exports to Armenia have surged 200% since the invasion, aiding Putin.
Economy

Old buses turned into a luxury hotel

Gaston de Persigny -
It costs just one dollar to ride a Singaporean bus, but $296 to sleep on it Bus Collective is the first resort hotel in Southeast Asia to convert decommissioned public buses into luxury hotel rooms. The...
Africa

First Edition of the Forum From Us To Us Europe Brussels “How can we dialogue on our future transformations?”

NewsdeskTET -
On the occasion of the first edition of the International Forum From Us To Us Europe Brussels, an international conference is organized on Friday 24 and Saturday 25 November 2023 on the theme: “The...
Economy

Revving Up the Green Transition, MEPs Back Stricter CO2 Emissions Targets for Trucks and Buses

Newsdesk -
In a landmark move to combat climate change, the European Union's Environment Committee has thrown its weight behind stricter CO2 emissions reduction targets for heavy-duty vehicles (HDVs), which include trucks, buses, and trailers. This...
Economy

FX Market Outlook for 2024: What should European SMEs expect from their currencies and forex market

Newsdesk -
Paris, October 24th, 2023: In its 2024 Foreign Exchange Market Outlook released this week, iBanFirst, a leading global provider of foreign exchange and international payments for businesses, present in 10 European countries, provides SMEs, especially those doing international payments, with...
Economy

Will the export of Russian diamonds be banned?

Gaston de Persigny -
Last week, the G-7 members engaged in discussions regarding four proposed plans aimed at preventing the export of large Russian diamonds. The Western countries' plan suggests that from January 1, 2024, the fate of...
Economy

Unemployment Rates Maintain Consistency Staying Below 5% for the Consecutive Month

Newsdesk -
In a remarkable demonstration of economic resilience, the unemployment rate among countries in the Organisation for Economic Co-operation and Development (OECD) remained steady at 4.8% in July 2023. This marks the month in a...
Economy

OECD Survey – EU needs a deeper Single Market and to accelerate emissions reduction to growth

Guest Author -
The latest OECD survey looks at how European economies are reacting to the negative external shocks as well as the challenges facing Europe moving forward.
Economy

OECD, What is the Organization for Economic Cooperation and Development?

Newsdesk -
Ever wondered what the OECD is and why it matters? Learn about this influential organization that shapes global economics and policymaking.
Economy

OECD GDP growth slows slightly in the second quarter of 2023

Newsdesk -
Gross domestic product (GDP) in the OECD rose by 0.4% quarter-on-quarter in the second quarter of 2023, slightly down from 0.5% growth in the previous quarter, according to provisional estimates. This extends the consistent...
Economy

The Kia brand wants to flee Russia for Kazakhstan

Newsroom -
Hyundai is also losing hope and considering selling its plant in St. Petersburg, according to Moscow media
Defense

Moscow court bans UBS, Credit Suisse from disposal transactions

Gaston de Persigny -
Russia's Zenit Bank believes it is at risk of possible losses related to a loan granted in October 2021 in which it participated - but was then blacklisted A Moscow court has banned the Swiss...
Economy

A Balkan State Introduces Compulsory Earthquake Insurance

NewsdeskTET -
The Albanian government proposed for public discussion a draft law on mandatory earthquake insurance of homes. The bill provides for mandatory insurance of all homes and parts of homes that are used for commercial...
Economy

How can telco’s really deliver on their sustainability promises?

Newsdesk -
Many international telcos are now making concrete promises to reduce their emissions. A new player in the Belgian mobile telecom market, UNDO, is a next-generation sustainable company developed from the ground up to actively...
Economy

Italy secures €247 million for modernization and safety on A32 motorway

Juan Sanchez Gil -
Italy has secured €247 million from the European Investment Bank (EIB), Cassa Depositi e Prestiti (CDP), UniCredit, SACE, and Società Italiana per il Traforo Autostradale del Frejus S.p.A (SITAF) for modernization and safety on...
Asia

Renewed Efforts Underway for EU-Philippines Free Trade Deal to Boost Strategic Ties

Newsdesk -
The EU and Philippines plan to restart negotiations for a free trade agreement, aiming to strengthen ties and deepen trade relations in Southeast Asia.
Economy

Purchases of cognac and vodka reduced in Russia

Gaston de Persigny -
Russians are probably buying counterfeits. They have sharply reduced their purchases of cognac and vodka, writes Vedomosti newspaper. According to Rosstat data, quoted by the newspaper, sales of vodka decreased by 16.4% during the year, and...
Economy

Zakharova addressing Bulgaria: You will sell your nuclear reactors to people who have turned to terrorist activities

Newsdesk -
According to the Russian Foreign Ministry, the USA aims to indirectly damage the EU's economy. The spokesperson highlights the Ukraine conflict and US influence.
Economy

EU and New Zealand Sign Ambitious Free Trade Agreement, Boosting Economic Growth and Sustainability

Jan Leonid Bornstein -
The EU and New Zealand have signed a groundbreaking free trade agreement, promising economic growth and sustainability. This FTA eliminates tariffs, opens new markets, and prioritizes sustainability commitments. It also boosts agricultural and food trade while setting new standards for sustainability. The agreement is awaiting approval from the European Parliament, signaling a new era of economic cooperation and prosperity.
Economy

Ukraine is interested in buying the reactors for the Bulgarian Belene NPP

Newsdesk -
The former director, Valentin Nikolov, of the Bulgarian Kozloduy Nuclear Power Plant  specified already in May this year that the Ukrainians are interested because very few countries in the world are already building such reactors. Ukraine...
Economy

If you are a tourist in Dubrovnik, be careful with your suitcase – you risk a hefty fine

Newsdesk -
Under a new law, suitcases must be carried rather than dragged through the streets of Dubrovnik's old town in Croatia, and anyone caught rolling their luggage will be fined €265. Anyone planning to visit Dubrovnik...
Economy

“Quiet Asphalt” will reduce the noise on the roads in Istanbul by 10 decibels

News desk -
Reduces noise caused by friction between the wheels and the road surface. "Quiet Asphalt" will reduce the noise level on the roads in Istanbul by ten decibels. The project aims to deal with the deepening...
Economy

The Council of the EU accepted Bulgaria’s position on essential oils

Newsdesk -
On the last day of the Swedish presidency of the Council of the EU, the member states, at the level of the Committee of Permanent Representatives - COREPER I, approved a legislative proposal that...
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