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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.

Africa

Central bank to mint gold coins to fight inflation

News desk -
The Central Bank of Zimbabwe has announced that it will start minting gold coins in the month of July. The decision is aimed at curbing record inflation, which has led to a severe devaluation...
Africa

Somalia: ‘We cannot wait for famine to be declared; we must act now’

United Nations News -
Rising acute food insecurity in Somalia has caused more than 900,000 people to flee their homes in search of humanitarian assistance since January last year, the Food and Agriculture Organization (FAO) has warned.
Economy

Methane, greenhouse gases, livestock and how New Zealand will tax farmers

Gaston de Persigny -
The New Zealand government intends to introduce a greenhouse gas tax on fertilizer and livestock production. The National Association of Farmers welcomed the project, but warned that farmers should not be burdened too strictly,...
Economy

In Croatia, there are tax incentives at the local level for the construction of a zero-energy building

Newsdesk -
We have to get used to the idea that we don't necessarily have to open the windows for ventilation and air purification, explains Prof. Bojan Milovanovic, head of the department at the University of...
Economy

Beer exchanged for sunflower oil in Munich 

News desk -
Very quickly the brewery manages to get 230 liters of sunflower oil, but the goal is at least 500 liters You drink beer and pay with oil - the invention is implemented in a beer...
Economy

Hotels in Turkey in shock: hundreds of tourists extort millions from them “for damage to health”

News desk -
Foreign tourists complain about fictional accidents while staying in a Turkish hotel or on the day of departure in order to receive compensation from the administration "for damage to health". In some cases, they...
Defense

Akhmetov told what will happen to the employees of the media group after he leaves the business

News desk -
After Rinat Akhmetov leaves the media market in Ukraine, workers will be fired in several stages, the first wave will begin on July 18, reports “Ekonomicheskaya Pravda”. This was reported in the press service of...
Economy

Turkey has discovered the second largest deposit of rare metals in the world

News desk -
Type of an exclusive deposit of terrestrial elements in the central part of Anatolia, reported Daily Sabah. About the reserve, it claims to be the largest in the world. It is available after decades...
Christianity

100 million EUR in a luxury hotel on the beach invested by the church in Cyprus

Petar Gramatikov -
The 8-storey hotel will be located in the Paphos area, on beach plots owned by the Archdiocese The Church of Cyprus will invest 100 million euros in a luxury 5-star hotel on the beach on...
Economy
00:03:52

Hungarian gas stations sued the government at the European Court of Human Rights

Newsdesk -
Group petition of 50 gas stations lodged with the European Court of Human Rights (Strasbourg) in response to the Hungarian Government’s illegal capping of petrol prices The Hungarian Government capped the price of petrol and...
Economy

A bunch of grapes sold for $10,700

Gaston de Persigny -
A participant in a tender held in Ishikawa Prefectural Park in central Japan bought a cluster from the Japanese delicacy grape variety, Roman Rubi, for a total of ¥1.5 million (about $10,700). This was...
Economy

A water battery has been launched in Switzerland: it was built in 14 years and 2 billion euros

Gaston de Persigny -
The 900 MW water battery, which cost Switzerland 2 billion euros and took 14 years to build, has already been put into operation. The battery is located 600 meters underground in the Swiss Alps,...
Defense

Russia passes wartime economy laws

News desk -
Require businesses to provide goods and services to the military when requested by the Russian government, and require workers to work nights and weekends without annual leave Russian lawmakers approved two bills on first reading...
Defense

The largest Russian gold mining company is facing bankruptcy

News desk -
The reason is the Western sanctions  Major Russian gold mining company "Petropavlovsk" plans to file for administration after sanctions against Gazprombank, its main creditor and sole buyer of the commodity. Due to Western sanctions, the company...
Economy

Oleksandr Haydu (Ukraine): “Saving this year’s harvest is our first priority”

Newsdesk -
Harvest - The Ukraine People's Deputies registered in the parliament the bill No. 7548, which exempts the import of sacks, bags, and special equipment for grain storage directly in the fields from import duties. This...
Economy

Uber Files: Mark MacGann whistleblower and Uber shadow man

EuropeanTimes -
Uber Files:: Mark MacGann is the man who passed on 124,000 internal Uber messages and documents to the British newspaper The Guardian.
Economy

When It Comes Time To Start And Expand Your Business, All Of These Elements Will Help You Succeed

Newsroom -
As an entrepreneur, you can pursue a wide range of endeavours. Entrepreneurs come in many different varieties. Others are so dedicated to it that they work only on it. Some people have a side...
Economy

UN launches Business Integrity Portal to bolster anti-corruption efforts

Newsdesk -
New Business Integrity Portal launched to bolster anti-corruption efforts in the private sector 16 countries included in the portal thus far. Vienna (Austria), 30 June 2022 —Tackling corruption requires all parts of society to play their part....
Economy

Elite cherries in Japan – buyer paid $ 296 for each berry

Newsdesk -
At a Japanese fruit auction in Aomori Prefecture, an elite Juno Heart variety of cherries was sold for $296 - not a ton, but one piece cost so much. The buyer immediately took the...
Economy

The scandal with the Bulgarian drivers in Belgium is growing

Newsdesk -
The inspections, which started after the removal of more than 35 Bulgarian drivers from the trucks on Easter, revealed a bunch of irregularities 101 irregularities were found by the labor inspections of Bulgaria and Belgium...
Economy

Lada Granta a la Chinese

News desk -
The MG5 2022 debuted at the Chongqing Motor Show (China). The car turned out to be interesting - mainly due to the combination of design, technical parameters and price. The base version of the...
Economy

Austria reopens coal-fired power plant

Gaston de Persigny -
Gas shortages force EU governments to rethink leak closures At a crisis meeting, the Austrian government decided to reopen a shut-down coal-fired power plant due to power shortages caused by reduced gas supplies from Russia. The...
Economy

Kazakhstan decided to import 100 thousand tons of sugar

Newsdesk -
Kazakhstan requested 100,000 tons of sugar from other countries, Kazinform reports with reference to Deputy Prime Minister - Minister of Trade and Integration Bakhyt Sultanov. According to Sultanov, sugar reserves in the country as of...
Defense

Banned for transportation: what goods can no longer be sent from Russia to Kaliningrad by rail due to EU sanctions

Newsdesk -
Since June 18, Lithuania has stopped allowing freight trains with a number of goods in transit to and from the Kaliningrad region. What was banned due to sanctions, reports a material of "Klops". Goods prohibited...
Economy

The second cheapest country after Turkey expects 6 million tourists, despite the absence of Russians

News desk -
Despite the lack of Russian tourist traffic, the second cheapest country after Turkey (according to a British report) expects to see 6 million tourists. We are talking about Bulgaria. A positive forecast was published...
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