Tag: Europe
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New car sales in the EU increased in May
Total sales in the European Union (EU) automobile market increased by 18.5 percent last month, reaching 938 thousand 950.
The European Automobile Manufacturers Association (ACEA)...
Ifo lowers Germany’s growth forecast
The Economics Research Institute (Ifo), one of Germany's leading economic think tanks, revised its growth forecast for this year downwards due to the negative...
EU countries agree on new sanctions against Russia
EU Term Presidency Sweden's official social media account, "Today, the ambassadors of EU countries agreed on the 11th package of sanctions against Russia." has...
German industrialists expect recession this year
Industrialists in Germany stated that they expect a "stagnation" in the German economy this year due to the decline in investments, high inflation beyond...
EU countries could not agree on electricity market reform
The European Union (EU) countries could not reach a consensus on the electricity market reform due to the disagreement over the support of coal...