Europe

EU expands sanctions on Iran

The European Union (EU) has decided to sanction 7 Iranians on the grounds that there are "serious human rights violations" in Iran. While the EU...

12.41 euro offer for the hourly minimum wage in Germany

The Minimum Wage Commission, created by the government in Germany, proposed increasing the minimum wage per hour in the country to 12.41 euros from...

China calls for economic cooperation with Europe

Chinese Premier Li gave a message of cooperation to Europe against economic security concerns. Chinese Premier Li Chiang, in his visits to Germany and France...

Economic momentum in the Eurozone is at a standstill

The economic momentum in the Euro Zone came to a halt in June. While the S&P Composite PMI Index came in at the lowest...

Macron’s ‘international wealth tax’ proposal

French President Emmanuel Macron said he is in favor of an international wealth tax to be used to combat climate change. Macron, who was a...

Skilled Immigration Act passed in Germany

In Germany, the "Skilled Immigration Law", which aims to close the skilled labor shortage in the country by facilitating the migration of skilled workers...

Green light from Norway to deep sea mining

The Norwegian Ministry of Energy has announced that it will allow commercial deep-sea mining exploration of some of the country's seabeds to extract rare...

The “Agricultural Agreement” crisis in the Netherlands

Negotiations on the "Agriculture Agreement" between government officials and farmer representatives in the Netherlands ended before an agreement could be reached after the country's...

Cautious tightening move in Switzerland

The Swiss National Bank made the most limited rate hike of the tightening process with 25 basis points. The tightening process in Switzerland continued with...

Continuing tightening signal in Norway, which continues to increase interest rates

The Norwegian Central Bank increased the policy rate by 50 basis points, above the expectations, and signaled a possible increase in August. Interest rate increases...

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