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The state budget deficit in the European countries decreased in January-March to 0,5% relating to GDP. In Q4 of 2018 it was 1,1% as Eurostat reports. In the European Union countries the indicator also reduced from 1% to 0,6%. Luxemburg, Bulgaria and the Netherlands became leaders in the size of a budget surplus in Q1. The biggest deficit was in Romania and France. The state debt in eurozone countries increased in reporting quarter to 85,9% relating to GDP compared to 85,1% in Q4 of 2018. In the EU countries the state debt rose from 80% to 80,7%.
The dollar sat near two-year lows on Wednesday as the United States struggled to control the coronavirus outbreak, breaking hopes for a fast economic recovery. The gloomy outlook for the U.S. economy is expected to urge the Federal Reserve ...
On Friday, Axios Media Inc. reported a document acquired by tech watchdog group Tech Transparency Project which indicates that multiple U.S. states were investigating Apple (AAPL) due to deceptive trade practices. According to the report, ...
The European aviation Airbus (AIR.PA) announced on Monday that its airplane production and deliveries would be 40% lower for the next two years compared to its planned pre-crisis strategy. The CEO's comments underscore the threat to jobs as ...
Germany’s contribution to the European Union’s budget would rise by 42% or 13 billion Euros ($14.63 billion) annually in the coming years, the German national daily newspaper Die Welt reported on Monday. Government calculations ...
Bank of Japan (BOJ) Governor Haruhiko Kuroda said on Tuesday that the central bank is ready to roll out additional measures to soften the economic impact of the COVID-19 pandemic. The announcement still maintained a bleak outlook even after ...
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