Economy

news

5 mins read

Western banks warn of risks in EU plan to grab Russian assets, sources say

LONDON, March 22 (Reuters) – Some western banks are lobbying against EU proposals to redistribute billions of euros in interest earned on frozen Russian assets, senior industry sources said, fearing it could lead to costly litigation. European Union leaders on […]

news

8 mins read

Germany’s Days as an Industrial Superpower Are Coming to an End

As political paralysis grips Berlin, the energy crisis was the final blow for a growing number of manufacturers

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11 mins read

OUTLOOK 2024 Russia

Russia’s economy defied all expectations in 2023 by not only not collapsing but by being the fastest growing country in Europe by the end of 2023.

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9 mins read

Russian sanctions boomerang effect means a year of stagnation for Europe in 2024

The boomerang effect of the Russian sanctions on the EU member states is having a mixed impact. Germany, France and Italy are worst affected as the pain from the changes in energy and input supplies impact their economies, dragging them down into recession, while the less dependent on Russia like Spain and Portugal are already showing signs of recovery, according to ING analysis.

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9 mins read

Nord Stream And Germany’s Shrinking Economy

Has Biden’s pipeline sabotage led to the rise of the German right?

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31 mins read

LONG READ: The boomerang effect: sanctions hurt Europe more than Russia

The boomerang effect: sanctions are hurting the West more than Russia.

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7 mins read

Russia’s Key Economic Sectors Shrug Off Sanctions

Russia’s third quarter growth hits 5.5%, outpacing estimates. Recovery shows limits of sanctions to punish Moscow over war

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7 mins read

Demographic disaster: Ukraine’s biggest post-war threat

The threat of a demographic crisis has been building in Ukraine for a while but Russia’s full-scale invasion has pushed it to the breaking point.

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10 mins read

Germany is staring at the end of its economic model

The war in Ukraine and its repercussions, compounded by structural problems such as an ageing population and a lack of investment, spell the end of the boom

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2 mins read

Russia’s Economy Projected to Grow Despite Western Sanctions

The IMF says it will grow 1.5% this year