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
German Chancellor Olaf Scholz said that Germany should stop importing coal from Russia for a... Read More
The price of gold on Friday morning shows a decline under the pressure of a possible further... Read More
On Thursday, oil prices continued to recover after yesterday's fall from $108.40 to $100.20 per... Read More
Last night, the US Federal Reserve System published the minutes of the last meeting of the Open... Read More
According to Wednesday's trading data, US stock indexes are significantly declining in anticipation... Read More
U.S. commercial oil inventories (excluding the strategic reserve) rose unexpectedly by 2.4 million... Read More
According to the British investor company Janus Henderson, the monetary incentives implemented by... Read More
The Purchasing Managers' Index (PMI) in China's services sector collapsed in March to the lowest... Read More
According to S&P Global, the composite PMI business activity index in industry and services of... Read More
The price of Brent oil continues to rise on Tuesday on expectations of the introduction of new... Read More
The head of one of the largest investment banks in the world, JP Morgan Chase, Jamie Dimon, said... Read More
According to information from the US Securities Commission website, businessman Elon Musk acquired... Read More
According to the US Bureau of Labor Statistics, the number of people employed in the... Read More
Specialists of the investment bank JPMorgan believe that the value of cryptocurrencies has limited... Read More
According to the Statistical Office of the European Union Eurostat, consumer prices in the eurozone... Read More
Against the background of acute geopolitical tensions in Europe, the future of the Nord Stream-2... Read More
On Thursday, oil prices showed a sharp decline after the publication of the weekly report on oil... Read More
According to a preliminary estimate by the German Federal Statistical Office (Destatis), annual... Read More
The Indian authorities are considering the proposal of the Russian Federation to use the Russian... Read More
Polish Prime Minister Mateusz Morawiecki said that the Polish authorities plan to abandon Russian... Read More
The European Union stated that it shares the position of the «Great Seven» countries on the issue o... Read More
European Commission President Ursula von der Leyen said that the new agreement between the EU and... Read More
Saudi Arabia's national oil company Aramco, which is the world's largest oil exporter, does not... Read More
On Monday evening, oil prices accelerated their decline amid a possible decrease in demand for raw... Read More
The head of the European Commission Ursula von der Leyen said that the European Union plans to get... Read More
Experts from the Federal Reserve Bank of Dallas said that the global economy will inevitably face a... Read More
Monday, March 28As it often happens, the macroeconomic calendar on Monday is absolutely empty, so... Read More
The stock market of the United States is showing a certain upswing: support is provided by the... Read More
The United Nations Conference on Trade and Development (UNCTAD) lowered its forecast for global... Read More
Yesterday, Russian President Vladimir Putin announced the transition to settlement in rubles when... Read More
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