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 Parliament is considering a proposal to postpone the EU's withdrawal from Russian gas... Read More
The United States has temporarily lifted restrictions on technology exports to China in order not... Read More
The United States has recorded the highest level of tariffs in recent decades – after the agreement ... Read More
Donald Trump and Ursula von der Leyen announced a trade agreement between the US and the EU. The US... Read More
On Friday, the yield on ten-year German government bonds reached a four-month peak. This is due to... Read More
Experts from Bank of America Corp. They warn of an increased risk of bubbles forming in stock... Read More
Ursula von der Leyen called on China to provide greater access to its market. This statement was... Read More
Martins Kazaks, a member of the ECB's Governing Council, expressed the opinion that further... Read More
The European Union intends to impose new sanctions against Russia every three months. The European... Read More
Debt instruments of the largest European government issuers unexpectedly began to show yields lower... Read More
The ECB maintained interest rates: the deposit rate remained at 2%, the base rate was 2.15%, and... Read More
The daily volume of trade between the EU and China exceeds 2 billion euros. This was stated by the... Read More
As of August, the consumer confidence index for the German economy fell to minus 21.5 points,... Read More
Donald Trump said that duties for US trading partners will range from 15% to 50%, which indicates... Read More
Bank of America expects the Bank of Canada to leave its key interest rate unchanged at 2.75% at its... Read More
European Commission President Ursula von der Leyen said that the EU and Japan intend to strengthen... Read More
Most of the G7 countries ignored the EU's initiative to set a new price ceiling for Russian oil for... Read More
Donald Trump has announced the signing of the largest trade agreement with Japan. As part of the... Read More
European automakers are growing on the back of the U.S.-Japan deal. Shares of European car... Read More
On Tuesday morning, the bitcoin exchange rate dropped significantly to $116,760, but by the evening... Read More
Foreign investors are concerned about US monetary policy following Donald Trump's criticism of Fed... Read More
Oil prices declined on Tuesday due to the growing concerns of market participants about the... Read More
Global trade in liquefied natural gas (LNG) will increase by 5.5% in 2025, higher than the previous... Read More
Russia risks losing $19 billion due to the new ceiling on oil prices. The European Union has... Read More
The EU has approved the 18th package of sanctions against Russia, including a ban on the import of... Read More
The United States has increased its demands in negotiations on a trade agreement with the EU, which... Read More
China has expressed its determination to respond to the 18th package of anti-Russian sanctions... Read More
China is outraged by the new EU anti-Russian sanctions. Beijing expressed strong dissatisfaction... Read More
Bitcoin broke the $120,000 mark in Asian trading on Friday, showing a trend towards a fourth... Read More
Gold rose in price on Friday, but a slight decrease in prices is expected over the week. The... Read More
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