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
The European Union has published the 11th package of sanctions against Russia, which will come into... Read More
Oil prices fell by 4% today. The general negative market sentiment associated with rising interest... Read More
According to the Ministry of Internal Affairs and Communications of Japan, consumer prices in May... Read More
Chairman of the Federal Reserve System Jerome Powell considers it appropriate to raise the base... Read More
The Turkish lira on Thursday updated its historical low against the dollar after the unexpected... Read More
After a significant increase in the interest rate of the Bank of England, aimed at curbing... Read More
The Central bank of Turkey has taken drastic measures, raising the interest rate immediately from... Read More
The stock markets on Wednesday are dominated by moderately negative sentiment. Exchanges in the... Read More
Bitcoin has reached a six-week high thanks to cryptocurrency initiatives of financial titans.On... Read More
On Wednesday morning, benchmark oil prices are rising after two days of decline. Analysts expect... Read More
According to the Office for National Statistics (ONS) of Great Britain, consumer prices in the... Read More
A number of experts, including David Rosenberg and analysts from Wall Street banks, including Bank... Read More
The yuan declined against the US dollar after the People's Bank of China lowered its key interest... Read More
Analysts suggest that the Central Bank of Turkey may raise the interest rate to 40% on Thursday – s... Read More
The UK has introduced a new scheme for trade with developing countries after Brexit, which will... Read More
Coca-Cola has announced an agreement to acquire Brown-Forman Finland, the owner of the Finlandia... Read More
Monday, June 19 The new trading week will not be as busy as the previous one, which was filled... Read More
Natural gas prices in Europe have soared by 30% due to the closure of the largest Groningen gas... Read More
The yen is declining after the decision of the Bank of Japan to maintain the current parameters of... Read More
Futures on Wall Street continue to grow amid the decision of the US Federal Reserve System to keep... Read More
The Governing Council of the European Central Bank has raised its key interest rate by 25 basis... Read More
According to a press release from the German industrial conglomerate Siemens AG, the company plans... Read More
Argentine presidential candidate Javier Miley proposed replacing the national currency of the peso... Read More
China is considering introducing a large stimulus package to support the economy.Earlier, China... Read More
Oil quotes continue to rise on Wednesday morning after jumping more than 3% a day earlier. The... Read More
Pakistan has paid for its first import shipment of Russian Urals oil in Chinese currency for the... Read More
According to the US Department of Labor, the consumer price index (CPI) in May 2023 increased by 4%... Read More
The Nasdaq exchange operator announced a deal to acquire software developer Adenza, owned by... Read More
According to the final data of the German Federal Statistical Office (Destatis), inflation in the... Read More
JPMorgan investment bank sees the growth potential of Netflix shares due to their low-cost... Read More
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