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Latest Economic News

In Germany, the budget deficit is projected to reach €172 billion by 2029

July, 28 2025

By 2029, Germany is expected to have a budget deficit of up to €172 billion. The reasons are related to the settlement of tax arrears in federal lands and the reduction of the tax burden for businesses. Such deficit parameters, covering the years 2027-2029, significantly exceed the usual framework of the «need for action» applied in the country's fiscal policy.Financial planning is related to the draft budget for 2026, which will be submitted to the Bundestag by the end of November. Previously, ... Read More

Latest Economic News

In Germany, the budget deficit is projected to reach €172 billion by 2029

All News

Why are Tesla shares falling despite good results?

Gold prices hit a two-month high

Russian gas exports to China have updated the historical maximum

Oil reserves in the United States decreased less than forecast

Inflation in the eurozone slowed to 5.5% in June

ChatGPT: 3 cryptocurrencies that can grow 1000 times

Oil is stable above the level of $79.50 in anticipation of inventory data in the US

UK inflation in June slowed to the lowest since March 2022

The Turkish lira has updated a record low in anticipation of the Central Bank meeting

The European Council called for the extension of the Black Sea initiative under the auspices of the UN

Russia has suspended its participation in the grain deal

China's GDP growth accelerated to 6.3% in the second quarter

Economic Calendar | July 17 – 21

Global markets are on a positive wave

Experts: the US is facing a difficult period

The dollar index dropped below 100 points for the first time since April 2022

China introduces rules for the use of AI

Elon Musk has created a new company xAI

Brent exceeded the level of $80.50 per barrel

Turkey will continue to work on extending the «grain deal»

Inflation in the US in June slowed down more than forecast

Activision shares rise amid court ruling in favor of Microsoft deal

A new gas field has been discovered in Norway – the largest in 10 years

Oil is trading in a narrow corridor of $77.50-78.50 per barrel

Inflation in Germany in June expectedly accelerated to 6.8%

Threads breaks all records

China unexpectedly recorded zero inflation in June

Unemployment in Turkey in May fell to the lowest in nine years

Economic Calendar | July 10 – 14

Gold rises after the publication of US statistics