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Economy

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Economy

ATMs of the Romanian UniCredit turned out to be full of fake Euros from Turkey and Bulgaria

Newsdesk -
The Romanian bank has experienced significant losses because its ATMs have received counterfeit banknotes of 500 Euro for a total value of around 240,000 Euro. The bank's ATMs only rejected six of the fake...
Economy

Tourism in 2023, A Year of Recovery and Growth

Newsdesk -
Tourism in 2023 is expected to be a year of recovery and growth for the sector, as international travel gradually resumes and domestic demand rebounds
Economy

The largest wool factory in Europe will be completed in Romania

News desk -
The largest factory for the production of wool in Europe will be built in Romania by local investors from the town of Olt, Fagetelu municipality, which received over 182 million lei (36.8 million pax...
Economy

Russia is preparing a pilot introduction of the digital ruble

Newsdesk -
The digital ruble will be offered to everyone after it has been tested among a narrow circle of real customers. This was stated in the State Duma of Russia by the governor of the...
Economy

2022 broke records in the art market

Gaston de Persigny -
The most expensive private collection and the most expensive work of art of the 20th century were sold The past year 2022 will go down in history as one of the most profitable for the...
Economy

MEPs renew suspension of EU import duties on Ukrainian exports

European Parliament -
The International Trade Committee gave its green light on Thursday for another one-year suspension of EU import duties on Ukrainian exports to support the country’s economy.
Economy

Cyprus raised €1 billion in bonds

Gaston de Persigny -
On 4th of April Cyprus released its first long-term bond issue as governments took advantage of strong demand for such assets after weeks of volatile bond markets. This was reported by Reuters. Nicosia raised €1 billion...
Economy

Crypto-asset transfers – new tracing rules in the EU

European Parliament -
Parliament endorsed the first EU rules to trace crypto-asset transfers, prevent money laundering, as well as common rules on supervision and customer protection.
Economy

Erdogan: Putin may visit Turkey for the opening of the nuclear plant

News desk -
Azerbaijan will supply natural gas to Hungary, via Bulgaria Russian President Vladimir Putin may visit Turkey for the opening ceremony of the Akkuyu nuclear power plant on April 27, Turkish President Recep Tayyip Erdogan announced. "We...
Economy

Support for Ukraine: Sweden announced a boycott of Absolut vodka

Gaston de Persigny -
Starting this weekend, it is no longer possible to order a glass of Absolut vodka, Jameson whiskey or Malibu rum there. The Svenska Brassierer group, which owns these establishments, has decided to stop selling...
Defense

Netherlands intelligence identifies China as the main threat

News desk -
China's actions represent the biggest threat to the Netherlands' economic security and innovation. The head of the Dutch General Intelligence and Security Service (AIVD), Erik Ackerboom, told The Associated Press in connection with the...
Economy

Decoding the Enigma of FOREX

Charlie W. Grease -
Discover the captivating world of FOREX trading and how it shapes economies and influences trade. From currency pairs to key players, learn the fundamentals and unlock the puzzle of global economics. Start your journey today.
Economy

World Evangelical Alliance and FaithInvest to Work Together to Grow Faith-Consistent Investing for a Just and Sustainable World

Newsroom -
The World Evangelical Alliance and FaithInvest have signed a collaboration agreement setting out how they will work together to increase faith-consistent investing globally to achieve a more just and sustainable world.  The aim is to...
Economy

First meeting of the Inclusive Forum on Carbon Mitigation Approaches, 9-10 February

Newsdesk -
More than 500 senior government officials representing 100 countries and jurisdictions from around the world are expected to come together for the first meeting of the Inclusive Forum on Carbon Mitigation Approaches (IFCMA)starting with a high-level launch event...
Economy

Blocktrade Exchange: The Decentralized Centralized Exchange in Europe Crossed 5000 Class B Shareholders

Newsdesk -
TALLINN, ESTONIA, January 9, 2023 /EINPresswire.com/ — Blocktrade, the most decentralized centralized crypto exchange in Europe, has established itself as the best place for cryptocurrency trading and exchange. With a wide range of cryptocurrencies available and...
Economy

Council adopted EU single window for customs

Council of the EU and European Council -
To make international trade easier, shorten customs clearance times and reduce the risk of fraud, the EU decided to create a single window for customs. Today the Council adopted new rules which set the appropriate...
Economy

Millennials are Taking Over the Internet—And the Economy

Juan Sanchez Gil -
If you're a millennial, chances are you've been told you're entitled, lazy, and selfish. But despite all the negativity, there's one area where millennials are truly excelling: taking over the internet. Whether starting their businesses,...
Economy

China‘s carbon emissions fall by 8% as economic growth slows

Gaston de Persigny -
China's carbon dioxide emissions fell by 8% in the April to June quarter compared with the same period a year earlier, the "sharpest decline in a decade," the Financial Times reported, citing new analysis...
Economy

North Macedonia submitted a referendum for the Bulgarians

News desk -
North Macedonia submitted a referendum for the Bulgarians Only days after the Bulgarian Prime Minister Galab Donev and the Prime Minister of the Republic of North Macedonia Dimitar Kovachevski discussed the supply of electricity to...
Economy

A “dog” tax has brought 400 million euros to the German budget in 2021

Gaston de Persigny -
The Germans' love for their dogs is proverbial. Now an exact price can be put on this love, reports DPA. In 2021, the total amount of tax paid by dog ​​owners in Germany rose by...
Economy

China blocks 100 billion dollars from Russia

Gaston de Persigny -
Russia found itself in a Chinese trap. Before the war in Ukraine, it invested 17% of its gold reserves in yuan to protect itself from possible sanctions. Now, however, it turned out to be...
Economy

The Large Hadron Collider is preparing to shut down if there is no power

Gaston de Persigny -
The European Center for Nuclear Research (CERN) is developing plans to shut down particle accelerators during peak hours on the electricity grid. This means that the Large Hadron Collider could shut down if there...
Economy

A Belgian beer company boasted of its success in Russia

Gaston de Persigny -
Shelves in Russian shops are filled with bottles and cans of Hoegaarden, Stella Artois and Delirium Tremens While many Western companies seek to distance themselves from Russia, the Belgium-Luxembourg Chamber of Commerce boasted of the...
Economy

Switzerland is on the brink of an energy crisis

Gaston de Persigny -
With the onset of the heating season, more and more European countries face a real danger of spending the winter in the dark and cold. Switzerland is also on the verge of an energy...
Economy

The fugitive president of Sri Lanka has returned to his country

Gaston de Persigny -
On July 13, the ousted leader, his wife and two bodyguards took an Air Force plane to the Maldives and from there to Singapore Former Sri Lankan head of state Gotabaya Rajapaksa, who fled the...
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