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• The European Commission on Monday revised its economic forecasts for next year slightly upwards, saying the bloc will narrowly avoid a technical recession and has already passed its inflation peak. The single-currency bloc is now expected to grow by 0.8% in 2023, compared with a predicted growth of 0.3% in its previous quarterly report. Meanwhile, inflation was forecast to be 5.6% within the eurozone. European Commission
14 Şub 2023
• The European Central Bank raised interest rates by a half-point on Thursday and signaled at least one more hike of the same magnitude next month, reaffirming it would stay the course despite conceding that the inflation outlook is improving. The move brings the deposit rate to 2.5%, the highest since 2008, in line with what the central bank for the single-currency bloc said in December and with market expectations. via FT
03 Şub 2023
• The French economy continued to grow in the final quarter of 2022 and should avoid a contraction despite headwinds from surging energy prices, according to a Bank of France survey. Business activity advanced more than expected in December, bringing economic growth for Q4 to 0.1%. Supply-side difficulties also decreased in industry, and especially in construction, the institution said. via Bloomberg The quote: "Activity in France is resisting rather better ...Devamını Oku
12 Oca 2023
• The downturn in eurozone business activity eased for the second consecutive month in December, a survey by S&P Global showed on Wednesday, as price pressures slightly subsided and the labor market remained resilient. The final Composite PMI for the single-currency bloc registered at 49.3, up from 47.8 in November and the slowest rate of decline since July 2022, but still below the 50-line that separates growth from contraction. S&P Global
05 Oca 2023
• The downturn in eurozone manufacturing eased slightly in November, a survey by S&P Global showed on Thursday, as rates of decline in output and new orders slowed compared with the nearly two-and-a-half-year records seen in October. The final Manufacturing PMI for the single currency bloc rose to 47.1 from 46.4 in October but remained below the 50-line separating growth from contraction. S&P Global Germany: The manufacturing sector in Europe’s larges...Devamını Oku
02 Ara 2022
• Tesla and SpaceX CEO Elon Musk has challenged Russia's President Vladimir Putin to single combat over Russia's invasion of Ukraine, he said in a tweet. What he said: Writing some words in Cyrillic and some in English, Musk added in a Twitter thread, "Do you agree to this fight?" tagging the official account of Russia's presidency.
15 Mar 2022