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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

Why is China buying Africa?

Newsdesk -
More than one billion people live in Africa, and the continent is expected to be responsible for more than half of the world's population growth by 2050. According to the European Parliament resolution of...
Economy

The Russians broke records in property purchases in Turkey

Newsdesk -
The sales of residential properties in Turkey mark growth with almost 40% on an annual basis in April, according to official data. The current trend continues, despite the high borrowing costs and falling prices. The...
Economy

After 30 years of presence: McDonald’s leaves Russia

News desk -
After 30 years of presence: McDonald's leaves Russia The American fast food chain closed, albeit temporarily, all its establishments in March, after the beginning of the Russian invasion of Ukraine McDonald's has announced that it has...
Defense

Historical deal: Moscow “bought” Renault for 1 ruble

News desk -
Russia's Ministry of Industry and Trade has announced that Russian assets of the French carmaker Renault are becoming state-owned, Russian news agencies reported. AvtoVAZ will now carry out service maintenance of Renault cars in Russia,...
Economy

Sanctions block Belarus’ exports by $ 16-18 billion

Newsdesk -
President Lukashenko believes his country has been unfairly labeled an "accomplice to the aggressor". Sanctions imposed on Belarus have blocked $ 16-18 billion worth of annual exports to Western countries, Belarusian Prime Minister Roman Golovchenko...
Council of Europe

The UN warned: Ukrainian wheat is rotting in warehouses

Newsdesk -
A terrible crisis is coming... More than 25 million tons of Ukrainian wheat cannot be exported due to the war. The UN warns that this will cause a global grain crisis. Prior to the Russian...
Economy

Cyprus, Italy, Czech Republic, Montenegro: Russian tourists have created widespread problems

Gaston de Persigny -
Anti-Russian sanctions will undermine the well-being of at least five resort countries in Europe. Thus, the absence of Russian tourists, who traditionally spend a lot of money, has already created widespread problems in the...
Economy

Steve Hanke: Inflation is rising in the eurozone, the Bulgarian people will lose

Newsdesk -
Get rid of the secrets. There should be a series of studies, talk and public debate, as well as a referendum, the economist recommends The Bulgarian people will lose if they join the eurozone. This...
Economy

The Turkish lira has collapsed

Newsdesk -
Inflation in Turkey has reached an unprecedented level: everything is becoming more expensive The Turkish lira collapsed, hitting a new low: its value fell to 15 lira per dollar after the Turkish inflation rate for...
Economy

Preparing your business for worldwide operations

Newsdesk -
From a legal standpoint, it’s essential to think about how your business will operate in the global marketplace. Depending on where you plan to sell your goods and services, you should consider how and...
Economy

Bulgaria: Expensive gas and labor shortages hamper rose oil production

Newsdesk -
Expensive gas and labor shortages hamper rose oil production. Most of the distilleries in our country use blue fuel in the production of rose oil. Gas is a significant pricing factor in rose oil, Metodi...
Economy

A unique aircraft may appear in Russia

Newsdesk -
The fate of this aircraft was dramatic. Nobody needed him long before the first flight. But sanctions and refusal to cooperate with Russia can give a second life to a unique car, says Hi-Tech...
Economy

The Swiss anti-crisis method

Newsdesk -
Beyond work for the Swiss, there are other values ​​that allow him to go unscathed through wars and crises, to win when others fail and go bankrupt. There is no mystery and magic, but extremely earthly things, very simple.
Economy

Restrictions for Russian tourists lifted on entry to a popular European country

Gaston de Persigny -
Despite problems with access to Europe, more than a dozen European countries have canceled testing rules and vaccination status requirements for Russian tourists. On May 2, Switzerland joined them. The country has lifted all...
Economy

Turkey and Ukraine have not received the necessary support from the EU

Newsdesk -
Turkish Deputy Foreign Minister: Turkey and Ukraine have not received the necessary support from the EU We need to look very carefully at the reasons why Russia started this war, he said Bulgaria's refusal to pay...
Economy

Zelenski insulted by Turkey over Russian tourists

News desk -
Turkey supports Ukraine, but on the other hand is preparing to receive many tourists from Russia, the Ukrainian president said In an interview with Greek television ERT, Ukrainian President Volodymyr Zelensky said he was "offended"...
Economy

New trade defence tool to protect EU firms from distortive foreign subsidies

European Parliament -
The Committee on International Trade backed a proposal designed to counteract market-distorting foreign subsidies granted to companies operating in the EU.
Committee on International Trade

Source : © European Union, 2022 - EP
Economy

Financial Times: Bulgaria teaches the European Union a lesson on natural gas

Newsdesk -
Sofia has refused to sign new payment terms for Russian natural gas because it considers it at risk of losing control of payments and breaching its contractual obligations, a situation that Bulgaria and other...
Economy

Interesting facts about gold

Newsdesk -
From ancient times the people tried to own as much gold as possible. This precious metal often caused major wars in which tens, even hundreds of thousands of people died. Interesting facts about gold Paleoarchaeology claims...
Defense

Russia saves the ruble with gold

Newsdesk -
Russia is considering linking the ruble's value to gold or other commodities. This was announced by Kremlin spokesman Dmitry Peskov, quoted by TASS, quoted by Investor. "This issue is currently being discussed," Peskov told reporters...
Economy

European Parliament EPP Group: Poland must stop blocking EU minimum corporate tax rate

Newsdesk -
“The time has come to effectively end aggressive tax planning across the globe to make sure the big companies pay their fair share of taxes. We ask the most reluctant states, such as Poland,...
Economy

ESMA: Recommendations to improve investor protection

officialinstitutions -
The European Securities and Markets Authority (ESMA), the EU securities markets regulator, today advises the European Commission on certain aspects relating to retail investor protection.
Economy

Mastercard launches next-generation identity technology with Microsoft to help more consumers shop online safely

Newsdesk -
PURCHASE, N.Y., and REDMOND, Wash. Mastercard on Monday announced the launch of an enhanced identity solution designed to improve the online shopping experience and tackle digital fraud in a new collaboration with Microsoft Corp. Now...
Economy

Driving an electric car is easier than you think

Gaston de Persigny -
What basic things do you need to know about driving an electric car? In Europe, electricity is transmitted through a three-phase network, which means that three power transmission lines are used. • For smaller electrical appliances,...
America

Mexico nationalizes lithium production

Gaston de Persigny -
Mexico has taken a step towards the nationalization of its lithium, the main metal for the production of electric batteries, which should replace internal combustion engines in electric vehicles as part of the fight...
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